Skanska Partners with Flatiron to Upgrade Los Angeles International Airport with $445M Contract

Skanska's Major Contract for LAX Modernization



Skanska, a prominent construction and project development company based in Sweden, has recently announced a significant contract for the modernization of the Los Angeles International Airport (LAX). In partnership with Flatiron, Skanska's contribution is valued at approximately USD 445 million, which is equivalent to around SEK 4.4 billion. This contract is part of a larger deal worth USD 868 million that focuses on improving the Airfield and Terminal Modernization Program (ATMP), specifically regarding roadway improvements.

Project Details



The modernization project will involve extensive reconfiguration of over six kilometers of roadway. This will include the construction and modification of several bridges, the upgrading of traffic signals, and the installation of state-of-the-art traffic monitoring systems. These developments aim to alleviate congestion and reduce emissions at LAX, one of the busiest airports in the world.

By streamlining access to the airport, the project is expected to enhance overall safety and promote a more efficient travel experience for passengers. Modernizing LAX is essential not only for improving current operations but also for supporting anticipated increases in traffic, thus aligning with LAX's goal of becoming a world-class international transportation hub.

Timeline and Objectives



Construction activities under this contract commenced in July 2025, and the project is slated for completion by the fourth quarter of 2030. The improvements will play a crucial role in a broader modernization strategy that aims to overhaul various aspects of the airport’s infrastructure.

This initiative is expected to significantly upgrade the ground transportation systems available at LAX. With a focus on enhancing passenger experience, the project also addresses the need for more robust and efficient systems that can handle the high traffic volume typical at major international airports.

Conclusion



As a cornerstone of modern infrastructure development, Skanska's contract for LAX underscores its role in shaping the future of airport operations. With a commitment to innovation and environmental sustainability, the project reflects industry trends toward smarter and more efficient transport solutions. This endeavor exemplifies how strategic partnerships in the construction sector can lead to advancements that benefit travelers and the environment alike.

For further information, journalists and interested parties can reach out to Skanska USA's Communications Manager, Meghan Carvalho, or Jacob Birkeland, the Head of Media Relations at Skanska AB.

Topics Consumer Products & Retail)

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