FAA Spends Nearly $1.5B on Airport Upgrades in August

Agency awards $615 million to airports in 42 U.S. states and two territories.

Jack Daleo

Friday, August 21, 2026 at 09:00 AM ET

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Edited By:

Travis Tingle

The FAA on Thursday said Midland International Air & Space Port (KMAF) in Texas received $21.5 million for runway rehabilitation, out of a total of about $615 million in fresh grants. [Credit: Midland International Air & Space Port]

Key Takeaways:

The FAA allocated nearly $1.5 billion in August for airport infrastructure, split between $615 million in Airport Improvement Program (AIP) grants and $870 million in Airport Infrastructure Grant (AIG) funding.
These investments target upgrades to runways, terminals, towers, passenger areas, and airfield safety across 42 states and two territories.
The significant funding aims to improve the passenger travel experience and prepare for an anticipated doubling of annual air passengers to 2 billion over the next two decades.
The grants support a range of projects, including new airport construction in Alaska, terminal expansions in Virginia, runway rehabilitation, and noise mitigation efforts at various airports.

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The FAA has poured nearly $1.5 billion into new and upgraded airport runways, terminals, towers, passenger areas, and other infrastructure in the month of August alone.

The agency on Thursday announced a fresh round of Airport Improvement Program (AIP) grants for airports in 42 U.S. states and two territories. A total of about $615 million spread across 238 grants will support runway and taxiway infrastructure improvements, airfield safety upgrades, and “family-friendly” terminal additions, the FAA said.