WASHINGTON (Reuters) – The U.S. Federal Aviation Administration said Thursday it will award $2.89 billion to 3,075 airports under a new $1 trillion infrastructure bill signed into law last month.
Airports can use funds for runways, taxiways, safety, terminal, airport-transit connections and roadway projects. The infrastructure law provides $15 billion over five years and the FAA estimat there is a $43.6 billion backlog in airport modernization and safety projects.
(Reporting by David Shepardson)
