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home / articles / PSN - Parsons Wins Contract for Department of Labor Facilities Management | Benzinga


PSN - Parsons Wins Contract for Department of Labor Facilities Management | Benzinga

  • CHANTILLY, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was selected by the United States Department of Labor (DOL) Job Corps Acquisition Services to assist with planning, management, and oversight of the Job Corps Facilities Program. Parsons is the sole awardee on the over $115 million ceiling value contract, which includes a base performance period of one year and four one-year option periods.

    Parsons' scope includes project management and oversight support for the Job Corps' Facilities Program. This award continues a contract that the company has held since 2013.

    "For a decade, our team has supported the Job Corps program at more than 100 centers across all 50 states and Puerto Rico," said Jon Moretta, president, Engineered Systems, for Parsons. "Together with the Department of Labor, Parsons has worked to advance the Job Corps' mission, while taking the opportunity to innovate, including launching drone-based roof inspections to arm DOL with the data they need to efficiently improve their facilities. We are thrilled to continue this important work."

    The Job Corps is the largest residential career training program in the United States, in operation for more than 50 years. The program helps eligible young people, ages 16 through 24, complete their high school education, trains them for meaningful careers, and assists them with obtaining employment.

    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 ...

    Full story available on Benzinga.com

  • Stock Information

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

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