UNITED STATES OF AMERICA —Skanska has signed a USD 78 million contract amendment with an existing client for an education project in the western United States. The value, equivalent to approximately SEK 730 million, will be recorded in Skanska’s US order bookings for the third quarter of 2026.
The project involves replacing an existing school on the same site with a new facility. The development is intended to expand opportunities for students while upgrading local education infrastructure in the surrounding region.
Construction has already started, with the new school scheduled for completion in 2029. Replacing an existing facility rather than developing a new site positions the project as an upgrade to established community infrastructure and reflects continued investment in education facilities in the US.
The contract is relevant to the US construction sector because education facilities represent a sustained source of institutional infrastructure demand, particularly where aging schools require replacement or expansion. For local stakeholders, the project is expected to provide a modernized school facility while maintaining the site’s existing educational use.
For Skanska, the amendment increases its contracted US construction workload and contributes SEK 730 million to third-quarter 2026 order bookings. The project also provides visibility into revenue-generating construction activity through 2029, although the announcement does not disclose the project’s expected margin or broader financial contribution.
Skanska is a major construction and development company operating across building and infrastructure markets. Its US operations undertake projects spanning institutional, commercial and infrastructure development, including construction for public and private-sector clients.
