Skanska Wins $271M Contract to Rebuild Coast Guard Pier in Rhode Island
Stockholm – October 02, 2026 -- Skanska has signed a USD 271 million (approximately SEK 2.5 billion) contract with NAVFAC Mid-Atlantic to construct a new homeport pier at Naval Station Newport in Newport, Rhode Island. The deal will be booked in Skanska's U.S. order intake for the third quarter of 2026.
New Pier Replaces Aging Infrastructure at Active Navy Installation
The project calls for the demolition of the existing Pier 1, which measures approximately 30 meters by 482 meters (100 feet by 1,580 feet). In its place, Skanska will build a smaller, modern pier spanning roughly 24 meters by 305 meters (80 feet by 1,000 feet), engineered to berth four U.S. Coast Guard Offshore Patrol Cutters.