Skanska awarded naval construction contract in Virginia for USD 164 M, SEK 1.15 billion

Skanska awarded naval construction contract in Virginia for USD 164 M,
SEK 1.15 billion

Skanska has been commissioned to replace a pier at the U.S. Navy
facility in Norfolk, Portsmouth, Virginia. The contract amount totals
approximately USD 164 M, about SEK 1,150 M, which will be included in
order bookings for the third quarter. The customer is the U.S. Navy
Facilities Engineering Command.

The project comprises a 375-meter pier to be used for service and repair
purposes. The new Pier 5 will replace two existing piers, which will be
demolished.
The project also includes dredging, construction of bulkheads, pump
stations, heavy weather mooring, a crane on rails, restrooms and
electricity and IT installations.
Work is scheduled to commence in November and will be completed by
November 2014. The project will be implemented by Skanska USA Civil's
Virginia office, which has more than 80 years' experience in naval
construction and has implemented a number of projects at the Norfolk
facility.
Skanska USA is one of the leading development and construction companies
in the country, consisting of four business units: Skanska USA Building,
which specializes in building construction; Skanska USA Civil,
specialized in civil infrastructure; Skanska Infrastructure Development,
which develops public private partnerships; and Skanska Commercial
Development, which develops commercial development projects in select US
markets. Headquartered in New York, Skanska USA has approximately 7,000
employees and its 2009 revenues were SEK 44 billion.
For further information, please contact:
Jessica Murray, Communications Director, Skanska USA, tel +1 404 946
7468
Peter Gimbe, Press Officer, Skanska AB, tel 010-448 88 38
Direct line for media: +46 10-448 88 99
This and previous releases can also be found
at  www.skanska.com (http://www.skanska.se/)
The information is such that Skanska AB is obligated to publish in
accordance with the Swedish Securities Markets Act.
Skanska is one of the world's leading project development and
construction groups with expertise in construction, development of
commercial and residential projects and public-private partnerships.
Based on the Group's global environmental know-how, Skanska aims to
become customers' first choice in terms of Green projects. The Group
currently has 49,000 employees in selected home markets in Europe, the
US and Latin America. Skanska's sales for 2009 totaled SEK 137 billion.