Skanska JV lands $178M LA airport roadways deal

ConDig (30-Sept-25)  A joint venture led by Swedish developer and contractor Skanska has flown off with a $178 million contract to revamp roadways at Los Angeles International Airport.

Under the deal with Los Angeles World Airports, the joint venture with FlatironDragados secured the first phase of construction on the Airfield and Terminal Modernization Program (ATMP) roadway improvements project. 

The contract includes bridge construction incorporating substructure components as well as the demolition and removal of conflicting structures. The project also includes temporary and permanent storm drain piping, manholes, headwalls and junction structures in addition to utility relocations.

Construction activities have begun, with expected slated in the fourth quarter of 2026.

Skanska has also bagged a deal to renovate a residence hall for a university in New York, for $55 million. 

Under the deal with the unnamed client, Skanska will renovate an approximately 7,400 square meter, 10-story residence hall.

The project will break ground in fall 2025, with completion targeted in 2027.

Earlier this month, Skanska landed an additional $116 million contract with the University of Virginia to advance construction of the Paul and Diane Manning Institute of Biotechnology at Fontaine Research Park in Charlottesville. 

Skanska secured a $67 million contract for a substation on Governors Island in New York.

Skanska also announced earlier this month that it had been awarded a $249 million contract by the Metropolitan Transportation Authority (MTA) to deliver a main cable dehumidification project on the Verrazzano-Narrows Bridge in New York. 

In June, Skanska secured an additional contract worth $250 million to upgrade Logan Airport’s Terminal E in Boston.