Skanska modernizes historic Howard Street Tunnel in Baltimore, USA, for USD 174M, about SEK 1.9 billion

Skanska has, in a joint venture with Fay Construction Co., signed a contract with CSX Transportation for the Howard Street Tunnel Clearance Program in Baltimore, Maryland, USA. Skanska will include its share of the contract worth USD 174M, about SEK 1.9 billion, in the US order bookings for the fourth quarter of 2023.

The modernization of the historic Howard Street Tunnel will emphasise the accommodation of double-stack trains and ensuring the tunnel's continued relevance. Work includes lowering and tunnel enlargement techniques across the 2.7-kilometre (1.7-mile) expanse of the Howard Street Tunnel to increase the tunnel height from 5.8 to 6.4 meters (19 to 21 feet). Additionally, drainage improvements will be made throughout the track.

Work commenced in August 2023 with expected completion in June 2027.

For further information please contact:

Maritza Ferreira, Vice President Communications, Skanska USA, tel +1 (678) 492-2003

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2022 revenue totaling SEK 162 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 28,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.