Skanska constructs Hudson Tunnel Project Package 1C in New York, USA, for USD 363M, about SEK 3.4 billion
STOCKHOLM, May 4, 2026 /PRNewswire/ -- Skanska has, in a joint venture with Traylor Bros., Inc., and Walsh Construction, signed a contract with Gateway Development Commission (GDC) for the USD 1.29 billion construction of the Hudson Tunnel Project Package 1C: The Hudson River Tunnel Section in New York, NY, USA. Skanska will include its share of the contract worth USD 363M, about SEK 3.4 billion in the U.S. order bookings for the second quarter of 2026.
The project scope includes constructing new passenger rail tunnel tubes beneath the Hudson River by boring two parallel single-track tunnels, ...Full story available on Benzinga.com
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.