Russia's Federal Agency for Special Construction Projects (Spetsstroi) has been tasked with building the new aerodrome, set to be unveiled in early December, 2016, RIA Novosti explains. The contract is estimated to be worth about 3.6 billion rubles (about $57 million US). Meanwhile, upgrades to the military town's infrastructure, including administrative facilities and living quarters for 150 persons, dry and fuel storage facilities, and 8.5 kilometers of roads, will cost an additional 4.2 billion rubles ($66.3 million).
The original Nagurskoye airbase, Russia's northernmost air base, was built in the 1950s for use by Soviet long-range military aircraft. The base fell into partial disrepair following the collapse of the Soviet Union, before being made operational again in 2012. The remote Arctic base is among the northernmost functioning airfields in the world, after Alert Airport in Nunavut, Canada, an airbase operated by the Canadian military.