Skanska to construct new canopy and other improvements at airport in Massachusetts, USA, for USD 67 M, about SEK 631 M

Skanska has signed a USD 67 M contract, about SEK 631 M, with the Massachusetts Port Authority to construct a new canopy over the Terminal C departures level curbside at Logan International Airport, Boston, MA. The contract will be included in order bookings for Skanska USA in the second quarter of 2019.

The initial phase of the contract, worth USD 15 M, about SEK 141 M, was included in the first quarter order bookings.

Construction also will include an expansion and infill of the departures upper-level curbside deck, improvements and enlarging of the pick-up and drop-off areas at Terminal C Departures / Arrivals plazas. The project also includes the demolition of the existing canopy, removal of two existing elevators and the installation of three new elevators. The scope also includes the construction of both the Transportation Network Companies (TNC) pick-up and drop-off on the ground floor of the central and west parking garages and new structural floors in the footprints of the old elevator shafts.

Construction will begin in November 2019 and is scheduled to be complete by late 2021.

Skanska is one of the leading construction and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 67 billion and about 9,000 employees in its operations in 2018.

For further information please contact:

Pamela Monastra, Senior Vice President, tel + 1 404 946 7533

Jacob Birkeland, Head of Media Relations, tel +46 (0)10 449 19 57

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

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

Skanska is a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 38,000 employees, and 2018 revenue totaled SEK 170 billion.

About Us

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.

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