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Skanska wins USD 957 million LA Metro contract for Van Nuys light rail project
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Skanska wins USD 957 million LA Metro contract for Van Nuys light rail project
  • Skanska, in a joint venture with Stacy Witbeck, signed an additional contract with LA Metro for the East San Fernando Valley light rail project.
  • Skanska’s share totals USD 957 million, part of a USD 1.9 billion contract; it will be booked in US orders in Q3 2026.
  • Work has started on a 10.8 km at-grade line in Van Nuys, including 11 stations and a 10.5-hectare rail maintenance facility.
  • Completion is scheduled for December 2031.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skanska AB published the original content used to generate this news brief via Cision (Ref. ID: 202608140130BITN____UKPR__EN_20260813-BIT-7666-0) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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