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

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).

Project Overview
- Skanska, in joint venture with Flatiron, has signed a new contract with Los Angeles World Airports (LAWA).
- The project is part of the Airfield and Terminal Modernization Program (ATMP) Roadway Improvements.
- Total contract value: USD 868 million.
- Skanska’s share: USD 445 million (≈ SEK 4.4 billion).

Scope of Work
- Reconfigure over 6 km of roadway within the airport footprint.
- Construct and modify bridges.
- Upgrade traffic signals.
- Deploy advanced traffic monitoring systems.
- Aim: reduce congestion, improve safety, and cut emissions.

Timeline
- Construction began in July 2025.
- Expected completion: Q4 2030.

Strategic Importance
- Enhances ground transportation efficiency at one of the world’s busiest airports.
- Supports LAWA’s broader modernization program, ensuring LAX can handle future passenger and traffic volumes.
- Aligns with Skanska’s focus on sustainable infrastructure and reducing environmental impact.

About Skanska
- One of the world’s largest construction and project development companies.
- 2024 revenue: SEK 177 billion.
- Operates across the Nordics, Europe, and USA with ~26,300 employees.

This project is a cornerstone of LAX’s modernization strategy, blending infrastructure upgrades with sustainability goals.