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

Verified

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 invested nearly $1.5 billion in August through grants to upgrade airport infrastructure across 42 U.S. states and two territories.
These funds are allocated for diverse improvements including runways, terminals, airfield safety, and enhancing the overall passenger experience with "family-friendly" additions.
The significant investment is driven by current high travel volumes and the FAA's projection that annual air passengers will double to 2 billion over the next two decades.

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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.