Skanska Signs $957M Contract for Van Nuys Light Rail Project
Skanska will book its share of a USD 957M contract within US order bookings for Q3 2026 as part of the USD 1.9B East San Fernando Valley Light Rail Transit Project with LA Metro. The scope covers a 10.8 km at-grade line, a 10.5-hectare rail and maintenance facility, and 11 new stations, improving transit access; work has started with completion expected in December 2031.