US Department of Transportation has announced that the Federal Aviation Administration (FAA) will award USD 986 million in airport infrastructure grants, the fifth allotment of the total USD 3.18 billion in Airport Improvement Program(AIP) funding for airports across the United States, the company said.
This investment in airport improvements in Oklahoma will fund construction and rehabilitation projects that will help maintain high levels of safety in US aviation.
The FAA will award grants to 354 airports in 44 states and two territories Micronesia and Puerto Rico. Selected projects include runway reconstruction and rehabilitation, construction of firefighting facilities, and the maintenance of taxiways, aprons, and terminals.The construction and equipment supported by these grants will enhance safety and capacity while promoting economic growth in the regions served by each airport.
Airports can receive a certain amount of AIP entitlement funding each year based on activity levels and project needs. If their capital project needs exceed their available entitlement funds, the FAA can supplement their entitlements with discretionary funding.