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Skanska Bags Construction Project from the U.S. Navy

Skanska (STO:SKAB) 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.

Source: http://www.skanska.com/

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