Skanska wins USD 363 million share of Hudson Tunnel Project contract in New York

  • Skanska won USD 363 million contract share in joint venture with Traylor Bros. and Walsh Construction to build Hudson Tunnel Project package 1C for Gateway Development Commission.
  • Total package value USD 1.29 billion; Skanska share to be booked in US order intake in Q2 2026.
  • Scope covers two new single-track passenger rail tunnels under Hudson River, roughly 2,200 meters each, linking New Jersey to Manhattan.
  • Work expected to start in coming months, pending notice to proceed.


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