Skanska Secures Major Contract for LaGuardia Airport Infrastructure Upgrade
(IN BRIEF) Skanska has secured a contract with LGAFUEL LLC for the construction of the LaGuardia Airport Jet Fuel Transmission Systems project in Queens, New York, USA. Valued at USD 113 million (about SEK 1.2 billion), the project involves the installation of jet fuel transmission lines, electrical and communication duct banks, and other infrastructure. Work began in January 2024 and is expected to conclude by May 2026.
(PRESS RELEASE) STOCKHOLM, 7-Feb-2024 — /EuropaWire/ — Skanska (STO: SKA-B), a leading global project development and construction group, is pleased to announce the signing of a contract with LGAFUEL LLC for the prestigious LaGuardia Airport (LGA) Jet Fuel Transmission Systems project. Valued at USD 113 million (approximately SEK 1.2 billion), this contract marks a significant addition to Skanska’s portfolio and will be reflected in the US order bookings for the first quarter of 2024.
The scope of the project encompasses the construction of approximately 3,350 meters (11,000 feet) of two parallel jet fuel transmission lines, along with the installation of electrical and communication duct banks, below-ground isolation valve vaults, and cathodic protection systems. Additionally, Skanska will undertake modifications to LaGuardia Airport’s existing civil, utilities, electrical, and communication duct banks and infrastructure to facilitate the efficient operation and maintenance of the hydrant fuelling system.
Commencing in January 2024, the project is slated for completion by May 2026. Skanska is proud to contribute to the enhancement of LaGuardia Airport’s infrastructure, further solidifying its commitment to delivering high-quality construction projects that meet the evolving needs of its clients and communities.
For further information please contact:
Maritza Ferreira, VP 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.
SOURCE: Skanska AB
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