FAA Awards Nearly $1B in Airport Terminal Modernization Grants

Funding will go for projects such as new baggage systems, security checkpoints, and increased airport gate capacity.

Thursday, October 24, 2024 at 01:59 PM ET

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The grants, which total $970 million, are funded by the Bipartisan Infrastructure Law and will be awarded to 125 airports in 46 states, Guam, and Palau. [Credit: iStock]

Key Takeaways:

The FAA is investing nearly $1 billion ($970 million) in airport terminal modernization, funded by the Bipartisan Infrastructure Law.
These grants will be awarded to 125 airports in 46 states, Guam, and Palau, covering projects such as new baggage systems, security checkpoints, increased gate capacity, and terminal/air traffic control tower upgrades.
The initiative aims to enhance passenger safety, comfort, and convenience while stimulating local economies through job creation.

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The FAA announced Thursday it would be making an nearly $1 billion investment in airport terminal modernization.

The grants, which total $970 million, are funded by the Bipartisan Infrastructure Law and will be awarded to 125 airports in 46 states, Guam, and Palau, the FAA said. They will fund projects such as new baggage systems, security checkpoints, and increased airport gate capacity, the agency said.