Skanska to Refurbish US Bridge Under $113 Million Contract

02:08 AM EDT, 09/08/2026 (MT Newswires) -- Skanska (SKA-B.ST) bagged a $113 million contract from the US government to renovate the I-395 Northbound Bridge over the Potomac River. The Swedish construction group started work on the bridge, which links Arlington, Virginia, to Washington, DC, according to a Tuesday release. The project, awarded by the District Department of Transportation in conjunction with the Federal Highway Administration, will wrap up in the third quarter of 2029.