Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Transcripts
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Press release

Skanska signs new contract for modernizing Los Angeles Intl. Airport, USA, for USD 445M, about SEK 4.4 billion

Skanska

Skanska has, in a joint venture with Flatiron, signed an additional contract with Los Angeles World Airports for the Airfield and Terminal Modernization Program (ATMP) Roadway Improvements project in Los Angeles, California, USA. The total contract is worth USD 868M. Skanska will include its share of the contract worth USD 445M, about SEK 4.4 billion, in the US order bookings for the fourth quarter of 2025.

The project will reconfigure over six kilometres of roadway, construct and modify bridges, upgrade traffic signals and deploy advanced traffic monitoring systems to reduce congestion and emissions at Los Angeles International Airport (LAX). These improvements will streamline airport access, enhance safety and support efficient travel while within the airport's existing footprint.

The project serves as a key component to the broader modernization at LAX and will create more efficient ground transportation systems that are able to support the traffic volume served by major international transportation hubs.

Construction activities began in July 2025 with expected completion in the fourth quarter of 2030. 

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.