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Britain's Balfour says joint venture bags $1.95 bln U.S. airport contract

From Reuters - February 15, 2018

(Reuters) - Britains Balfour Beatty said on Friday its joint venture had won a $1.95 billion contract relating to building, financing and managing an airport transport system at Los Angeles International Airport (LAX) in the United States.

The design and build part of the contract has been awarded to a joint venture of construction groups, in which Balfour and Fluor Corp each have 30 percent stakes, while Flatiron West and Dragados USA each have 20 percent stakes.

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