Skanska USA

What Skanska USA does

Skanska USA is a US construction and development firm operating as the American subsidiary of Swedish publicly listed parent Skanska AB. Headquartered at the Empire State Building in New York, the company employs 6,500 people in the US and reported $8.7 billion in revenue in 2025. It delivers three core service lines — Buildings (hospitals, stadiums, airports, corporate headquarters, power plants), Transportation & Infrastructure (tunnels, bridges, rail systems, highways), and Commercial Development (property investment and office towers such as the Bank of America Tower) — for both public-sector and private-sector clients across the Northeast, Mid-Atlantic, Southeast, Midwest, New England, Pacific Northwest, and West Coast regions.

The firm combines traditional general contractor and construction-manager capabilities with specialized technical methods including Building Information Modeling (BIM), AI-powered jobsite safety tools (Safety Sidekick and Arrowsight camera coaching), pioneering low-explosive tunnelling in dense urban environments, mass timber construction, and carbon-negative materials such as ProZERO concrete developed with Prometheus Materials. Underlying platform is project-based delivery: fixed-price contracts, cost-plus contracts, and joint venture arrangements executed against competitive procurement bids.

Go-to-market is enterprise field sales to public agencies (Amtrak, Caltrans, LA World Airports, MBTA, Foothill Gold Line, Gateway Development Commission, Virginia DGS, OHSU, Passaic Valley Sewerage Commission) and private developers, often through consortium bids with peer contractors (Halmar, Flatiron, Traylor/Walsh, Stacy & Witbeck, Herzog, Railroad Construction). Visible backlog stands at 22 months of construction work, anchored by multi-billion-dollar commitments including the ~$8B Penn Station Transformation master-developer mandate, the $1.29B Hudson Tunnel Package 1C, the $1.06B MBTA North Station upgrades, the $868M LAX Airfield and Terminal Modernization Program, and the $2.4B LA Metro Purple Line Extension. Customer mix is heavily skewed to government infrastructure spend, with a deliberate expansion into the AI-data-center vertical evidenced by a $255M Georgia data center award. Notable regulatory exposure includes being named as a defendant in a lawsuit tied to the 2025 Harlem Legionnaires' Disease outbreak involving a construction site.

Name

Skanska USA

Legal name

Skanska USA

Website

https://usa.skanska.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Skanska USA is the US subsidiary of Sweden's Skanska AB, delivering large-scale building, transportation infrastructure, and commercial development projects for government and private-sector clients across the United States, with reported $8.7B revenue in 2025.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Construction Services: Project-based construction services revenue generated through fixed-price contracts, cost-plus contracts, and joint venture arrangements for building and infrastructure projects across commercial, healthcare, transportation, and other sectors.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Skanska USA is a construction and development firm providing general contractor and construction manager services across three core lines: Buildings (hospitals, stadiums, airports, corporate headquarters, education facilities), Transportation & Infrastructure (tunnels, bridges, rail, and highway systems), and Commercial Development (office towers and real estate investment). The company secures work through competitive bidding, joint ventures, and direct enterprise engagement with government agencies and private clients, delivering multi-billion-dollar projects across the United States.

Product overview

Skanska USA is a construction and development company offering three core service lines: Buildings (vertical construction for healthcare, commercial, education, sports, and other sectors), Transportation & Infrastructure (bridges, tunnels, rail, and highway systems), and Commercial Development (property investment and development). The company operates as a general contractor and construction manager serving both public and private sector clients across the United States. Notable projects include the Bank of America Tower, Portage Bay Bridge Replacement, Duke Health New Central Tower, and Portal North Bridge. The company reported $8.7B in revenue in 2025 and employs 6,500 people in the U.S.

Differentiator

Problem solved

Functional benefit

Products and services

• Buildings Construction Vertical construction services for commercial, healthcare, education, sports, and aviation buildings, delivered as general contractor or construction manager for government and private clients across the United States.
• Transportation & Infrastructure Construction Civil infrastructure construction services for tunnels, bridges, rail systems, and highways, including complex urban projects delivered for transportation authorities and government agencies.
• Commercial Development Commercial property development and investment business, including build-to-suit office towers and real estate development for corporate and institutional occupiers.

Quantifiable outcome

• 61% reduction in carbon emissions from own operations (scope 1 and 2) compared to 2015
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered flagship, major, minor, innovative and standard.

• Halmar InternationalflagshipStrategic or Co-development Partner · 22 June 2026Skanska and Halmar operate as Penn Transformation Partners (PTP), a 50/50 consortium appointed by Amtrak as Master Developer for the Penn Station Transformation Project. They also formed a 55/45 construction joint venture for early contractor involvement worth $125 million, with Skanska's share at approximately $70 million.
• HNTB-HOK Joint VenturemajorTechnology or Integration · 10 June 2026HNTB-HOK Joint Venture, in association with Practice for Architecture and Urbanism (PAU), was selected as the design team for Penn Station transformation. Penn Transformation Partners (Halmar and Skanska) serves as master developer, overseeing the design team's work.
• SSH Joint Venture (Stacy and Witbeck, Herzog)majorStrategic or Co-development Partner · 27 May 2026SSH Joint Venture comprising Skanska USA Civil West California District Inc., Stacy and Witbeck, Inc., and Herzog Contracting Corp. was awarded the construction manager contract for the 2.3-mile Pomona to Claremont A Line Extension by the Foothill Gold Line Construction Authority. Initial $6.3 million contract covers 18-month preconstruction phase.
• Traylor/Walsh/Skanska Joint VentureflagshipStrategic or Co-development Partner · 4 May 2026The Traylor/Walsh/Skanska Joint Venture was awarded a $1.29 billion contract by the Gateway Development Commission for Package 1C: The Hudson River Tunnel Section. The project involves boring two parallel single-track tunnels approximately 7,250 feet beneath the Hudson River.
• Portland TimbersminorGTM or Marketing Partner · 19 February 2026Portland Timbers designated Skanska as their official 'Green is Gold' partner and sponsor of its Bold Reuse program at Providence Park, expanding the stadium's reusable cup system into premium and high-traffic areas.
• FlatironmajorStrategic or Co-development Partner · 2 January 2026Skanska in joint venture with Flatiron signed a contract with Los Angeles World Airports for the Airfield and Terminal Modernization Program (ATMP) Roadway Improvements project at LAX. Total contract value of $868 million with Skanska's share at $445 million.
• Prometheus MaterialsinnovativeStrategic or Co-development Partner · 21 October 2025Collaboration with Prometheus Materials, SOM, D'Annunzio Group Inc., and Brothers II Concrete to incorporate ProZERO carbon negative cement and concrete into the New York Climate Exchange's climate campus on Governors Island.
• Railroad Construction CompanystandardStrategic or Co-development Partner · 6 October 2025Skanska in joint venture with Railroad Construction Company signed contract with Passaic Valley Sewerage Commission to build a standby power generation facility in Newark, New Jersey, valued at $148 million.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bechtel Corporation: Privately held US-headquartered engineering, construction, and project management firm with a heavy civil and infrastructure focus. Competes directly with Skanska USA on mega-transit, tunneling, and transportation infrastructure projects (often appearing as a JV competitor on the same bids).
• Turner Construction Company: Major US general contractor specializing in commercial buildings, healthcare, education, sports venues, and airports - directly overlapping with Skanska USA's Buildings vertical. Frequently competes on hospitals, corporate HQs, and stadium projects.
• Kiewit Corporation: Employee-owned North American construction/engineering contractor with strong presence in heavy civil, transportation infrastructure, and power. Direct competitor on bridges, tunnels, rail, and large transit projects where Skanska operates.
• Tutor Perini Corporation: US heavy civil and building contractor known for large complex transportation infrastructure (tunnels, rail, highways) and commercial/civil building work. Direct overlap with Skanska USA's Transportation & Infrastructure vertical on transit megaprojects.
• Mortenson Construction: US-based general contractor with leading positions in data center construction, healthcare, higher education, sports, and renewable energy. Closely comparable on Skanska's emerging data center vertical and on healthcare building work.
• Clark Construction Group: Major US general contractor active in commercial buildings, civil/infrastructure, and public-private partnerships. Directly comparable on civic, educational, healthcare, and transportation projects where Skanska USA competes.
• Granite Construction: US public infrastructure construction company focused on transportation, water resources, and specialty construction. Comparable to the civil infrastructure portion of Skanska's Transportation & Infrastructure vertical.
• Hensel Phelps: Employee-owned US general contractor specializing in commercial, healthcare, education, aviation, and federal building work. Competes with Skanska USA Buildings on hospitals, airports, and corporate campuses.

Broad incumbents

• Fluor Corporation: Large publicly listed engineering, procurement, fabrication, construction (EPFC) and project management firm. Overlaps with Skanska USA on transportation, infrastructure, and energy-related construction; broader portfolio includes upstream energy and mission solutions.
• AECOM: Global infrastructure consulting firm with major construction services practice spanning transportation, water, buildings, and environment. Competes with Skanska USA on design-build mega-projects while also operating as a design partner to firms like Skanska.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SkanskaUSA
• LinkedInlinkedin.com/company/skanska

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Skanska USA