2h ago
Skanska signs additional contract to build light rail transit in Van Nuys, CA, USA, for USD 957M, about SEK 8.9 billion
Skanska signs additional contract to build light rail transit in Van Nuys, CA, USA, for USD 957M, about SEK 8.9 billion
STOCKHOLM, Aug. 14, 2026 — Skanska, in a joint venture with Stacy Witbeck, has signed a contract with the Los Angeles County Metropolitan Transportation Authority (LA Metro) for the East San Fernando Valley Light Rail Transit Project in Van Nuys, California, USA. Skanska will include its share of the USD 1.9 billion contract worth USD 957M, about SEK 8.9 billion, in the US order bookings for the third quarter of 2026.
The project scope includes the construction of a 10.8 kilometers (6.7-mile), at-grade light rail line along Van Nuys Boulevard, a 10.5 hectare (26-acre) Rail and Maintenance Facility, the development of 11 new stations including shade structures and utility improvements.
The East San Fernando Valley Light Rail Transit Project expands Metro's transit system, connecting high-density neighborhoods to the broader Los Angeles County rail network and wider region. The light rail will operate along heavily trafficked Van Nuys Boulevard and connect to Metro's existing G-Line bus route, bringing enhanced public transportation options to communities who were previously lacking.
Work has begun and the project is expected to be completed in December 2031.
This and previous releases can also be found at www.skanska.com.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
https://mb.cision.com/Main/95/4383366/4218401.pdf
20260814 US light rail transit
https://news.cision.com/skanska/i/image-1---east-san-fernando-valley-vanowen,c3557016
Image 1 - East San Fernando Valley Vanowen
https://news.cision.com/skanska/i/image-2---east-san-fernando-valley-vanowen,c3557015
Image 2 - East San Fernando Valley Vanowen
For further information please contact: Meghan Carvalho, Communications Manager, Skanska USA, tel +1 (951) 675-2337 Andreas Joons, Press Officer, Skanska AB, tel +46 76 870 75 51 Direct line for media, tel +46 (0)10 448 88 99
Summary
STOCKHOLM, Aug. 14, 2026 /PRNewswire/ -- Skanska, in a joint venture with Stacy Witbeck, has signed a contract with the Los Angeles County Metropolitan Transportation Authority (LA Metro) for the East San Fernando Valley Light Rail Transit Project in Van Nuys, California, USA. Skanska...