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Skanska Secures $83 Million Contract to Expand Florida Science Center

Story Highlights
  • Skanska will expand the Cox Science Center with a new $83M Science Pavilion by 2027.
  • This project highlights Skanska’s focus on sustainable and innovative infrastructure in the US market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Skanska Secures $83 Million Contract to Expand Florida Science Center

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Skanska AB ( ($SE:SKA.B) ) has shared an announcement.

Skanska has secured an $83 million contract to expand the Cox Science Center and Aquarium in West Palm Beach, Florida. The project, expected to complete in 2027, involves constructing an advanced 8,000-square-meter Science Pavilion to house an expanded aquarium, exhibitions, and STEM spaces, enhancing Florida’s fifth largest aquarium. This expansion reflects Skanska’s strategic focus on delivering sustainable and innovative infrastructure solutions and further cements its presence in the US construction market.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK266.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

More about Skanska AB

Skanska is one of the world’s largest construction and project development companies, with 2024 revenue of SEK 177 billion. The company operates in select markets across the Nordics, Europe, and the USA, delivering innovative and sustainable solutions through a workforce of approximately 26,300 employees to promote healthy and sustainable living.

Average Trading Volume: 759,074

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK103.4B

For an in-depth examination of SKA.B stock, go to TipRanks’ Overview page.

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