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Skanska to replace U.S. Coast Guard Homeport Pier in Rhode Island, USA, for USD 271M, about SEK 2.5 billion
Source: PR Newswire
Infrastructure & DefenseCompany Fundamentals
Skanska secured a $271 million (approximately SEK 2.5 billion) contract from NAVFAC Mid-Atlantic to build a new homeport pier at Naval Station Newport in Rhode Island. The project will be recorded in Skanska's US order bookings, providing a meaningful addition to its construction backlog and exposure to US defense infrastructure spending.
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