Skanska, FlatironDragados arrive at $323M LAX roadway job [Yahoo! Finance]
SKANSKA AB S/ADR (SKBSY)
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Source: Yahoo! Finance
Award: Airport roadway improvements Value: $323 million Location: Los Angeles International Airport Client: Los Angeles World Airports A joint venture of Skanska and FlatironDragados has landed a $323 million contract for the first phase of a roadwork project at Los Angeles International Airport in advance of the 2028 Summer Olympics, per a Skanska news release. FlatironDragados, in its own release, said to date the JV has been awarded $604 million for preconstruction and construction work on the $1.5 billion overall Roadway Improvements Project . The work is part of LAX's multiyear Airfield and Terminal Modernization Program, according to the project's website. The project's fact sheet describes 4.4 miles of replaced and reconfigured roadways to reduce congestion on Sepulveda Boulevard by 500 cars at any given time and create dedicated airport roadways leading to the hub's Central Terminal Area. Upgraded intersections, traffic signals, protected pedestrian bridges and be
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