Key West International Airport

Key West International Airport, a U.S. local government entity and airport authority based in Key West, Florida, is the primary federal grant recipient for Federal Aviation Administration Airport Improvement Program funding supporting terminal expansion, runway infrastructure modernization, apron and taxiway development, noise mitigation for residential properties, and airport master plan updates.

The airport operates exclusively as a grant recipient (100% of awards) under the Department of Transportation Federal Aviation Administration, with no contract prime or subcontractor activity in the source footprint. Recent grant work spans multiple project phases across concurrent initiatives. A $4.008 million award obligated August 5, 2026, funds Phase 11 electrical construction of a 49,549-square-foot terminal expansion through August 4, 2030. A $4.538 million award obligated June 17, 2026, funds Phase 10 concrete, structural framing, and finishes for the same terminal expansion through June 16, 2030. A $12.07 million award obligated July 30, 2025, funds the final phase of runway infrastructure modernization, shifting existing Runway 7/25 by 40 feet to meet FAA design standards through July 29, 2029. A multi-phase noise mitigation program provides sound insulation for 63 residences within the 65–69 Day-Night Level noise contour; Phase 3 ($2.5 million, August 19, 2025) covers design for 10 homes and construction for 8 homes through August 18, 2029. Additional terminal expansion phases funded in 2024 and 2025 cover passenger boarding bridges ($4.594 million, Phase 4), curtain wall panels and structural components ($4.057 million, Phase 5), mechanical systems and waterproofing ($4.46 million, Phase 6), passenger boarding bridges and roof framing ($4.45 million, Phase 7), and passenger boarding bridge installation ($2.63 million, Phase 8).

The airport's customer concentration is dominated by the Department of Transportation Federal Aviation Administration Southern Region, which has issued 49 awards spanning Airport Improvement Program project grants and two related federal grant programs (CFDA 20.106, 20.116, and 20.117). The FAA Southern Region and parent FAA account for 65 of 147 awards in the footprint; the General Services Administration Public Buildings Service has issued 8 awards, primarily for lease and facility-management services at the airport facility itself. The DHS Transportation Security Administration and DHS account for 5 awards totaling $1.2 million in combined potential value. Award concentration by dollar value is inverted from volume: the smaller base of TSA awards carries explicit potential values, while the larger FAA grant portfolio shows combined potential value of $3.4 million against obligated dollars of $234.8 million, reflecting the distinction between grant award ceilings (conservative) and actual federal obligations (substantially higher).

The airport operates under a Basic Ordering Agreement with the General Services Administration (GS04B42843), which carries 76 task orders and $1.4 million in combined potential value, predominantly for lease and rental of office buildings (77 awards under NAICS 531120, Lessors of Nonresidential Buildings). Activity has been episodic rather than linear — 4 awards in 2022, 7 in 2023, 4 in 2024, and 7 in 2025 — with only 2 awards obligated in the first two months of 2026. One award reaches completion within the next twenty-four months, presenting minimal recompete exposure in that window. The airport has received over $100 million in FAA grants since 2019 for capital improvements and pandemic-relief funding, including $5.82 million in American Rescue Plan Act economic relief (November 9, 2021) for operations, personnel, sanitization, and debt service.