Oklahoma City Airport Trust

Oklahoma City Airport Trust, a U.S. local government entity and airport authority managing Will Rogers World Airport and Wiley Post Airport in Oklahoma City, operates as a 100% prime recipient on federal contracts and grants with no subcontracting footprint. The Trust provides land lease and airport facility services to federal agencies on full-and-open contracts, and is the primary recipient of Federal Aviation Administration infrastructure-modernization grants under the Airport Improvement Program (CFDA 20.106), Airport Infrastructure Grants (CFDA 20.117), and Airport Terminal Program (CFDA 20.118).

The Trust's federal portfolio reflects two distinct business lines. The first is real property leasing: Oklahoma City Airport Trust holds a single General Services Administration Basic Ordering Agreement (GS07B15594) under which 73 task orders have been placed by the GSA Public Buildings Service Central Office for lease/rental of office buildings and penal facilities, collectively worth $29.2 million in potential value. Recent lease work includes a January 2026 purchase order from the Department of Justice Bureau of Prisons Federal Transfer Center valued at $38,126.10 for fiscal year 2026 ground lease services, and a prior arrangement with the Transportation Security Administration valued at $722,700 for Law Enforcement Officer Reimbursement Program support. The second and far larger line is FAA infrastructure grants for runway reconstruction, taxiway rehabilitation, terminal upgrades, and airfield security improvements at Oklahoma City-area airports. Recent major grants include a $13.744 million award (May 2026) under the Airport Infrastructure Grants program to reconstruct 102,400 square feet of terminal flooring, a $6.25 million grant (August 2026) to reconstruct 2,300 feet of airport access road in Phase 2 of a larger 6,000-foot project, $5.673 million (July 2025) to reconstruct six of seventeen passenger boarding bridges under the Airport Improvement Program, and a $5.9 million award (August 2025) for Phase 2 terminal apron reconstruction totaling 10,500 square yards.

Customer concentration is heavily skewed toward FAA infrastructure funding. The Federal Aviation Administration Southwestern Region anchors 61 awards by count, while the FAA Aeronautical Center, with only five awards, carries the largest dollar weight at $6.95 billion in combined potential value — a placement reflecting a single major contract vehicle or long-term facility-management arrangement. The GSA Public Buildings Service Central Office accounts for 58 awards worth $29.2 million. The Department of Homeland Security Transportation Security Administration carries seven awards worth $31.3 million. The Department of Justice Bureau of Prisons and U.S. Marshals Service account for four awards collectively. These top five customer agencies represent 86% of awards and 96% of combined potential value across the recent portfolio.

Activity has remained relatively flat at five to eight awards per year from 2022 through 2026, with a combined portfolio value of $7.31 billion and roughly $377.8 million in obligated dollars across 183 awards spanning from 1998 to August 2026. Six awards carrying combined potential value of $3.2 billion face ultimate completion within the next twenty-four months and therefore represent recompete exposure. The Trust's NAICS footprint is predominantly "Lessors of Nonresidential Buildings (except Miniwarehouses)" (80 awards), with limited activity in "Lessors of Other Real Estate Property" (4 awards) and airport operations (1 award). The Trust operates exclusively on full-and-open contracts and grants with no set-aside designations across its recent award history.