Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / articles / PSN - Parsons Included on $200M U.S. Army Corps of Engineers Construction Management Contract | Benzinga


PSN - Parsons Included on $200M U.S. Army Corps of Engineers Construction Management Contract | Benzinga

  • CHANTILLY, Va., April 11, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was included on a $200 million indefinite-delivery, indefinite-quantity multiple award task order contract by the United States Army Corps of Engineers (USACE) Fort Worth District. The construction management services contract has a three-year base period of performance with two, two-year option periods and represents new work for the company.

    Under this contract, Parsons will compete for task orders to provide supervision, personnel, and administrative and logistics support for USACE Southwestern Division Construction Phase Services on large military construction programs.

    "Parsons is a trusted and recognized program and construction management leader with decades of experience delivering transformational infrastructure solutions to the federal government," said Jon Moretta, president, Engineered Systems for Parsons. "We look forward to continuing our support of USACE as they oversee military design and construction projects that strengthen our nation's security, energize the economy, and reduce risks from disasters."

    For 80 years, Parsons has guided federal government agencies through planning, design, construction, and post-construction challenges on complex, multi-site, multi-phase programs. This contract expands Parsons' support of USACE Fort Worth District. The company was previously the architecture-engineering integrator for the District's $3.2 billion San Antonio Base Realignment and Closure contract, consisting of infrastructure planning, design, and construction management.

    To learn more about Parsons' federal infrastructure solutions, visit Parsons.com/infrastructure-capabilities.

    About Parsons:
    Parsons (NYSE:PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical ...

    Full story available on Benzinga.com

  • Stock Information

    Company Name: Parsons Corporation
    Stock Symbol: PSN
    Market: NYSE
    Website: parsons.com

    Menu

    PSN PSN Quote PSN Short PSN News PSN Articles PSN Message Board
    Get PSN Alerts

    News, Short Squeeze, Breakout and More Instantly...