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Parsons Wins Role In $160M US Army Corps Of Engineers Contract

Parsons Corporation (NYSE:PSN) has secured a position on a $160 million IDIQ multiple award contract by the United States…
byAkanksha Bakshi
March 30, 2023
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  • Parsons Corporation (NYSE:PSN) has secured a position on a $160 million IDIQ multiple award contract by the United States Army Corps of Engineers (USACE) Engineering and Support Center Huntsville to modernize Department of Defense facilities and infrastructure.
  • The contract has a two-year base period and a 36-month option period.
  • Under this contract, Parsons will compete for task orders to provide real property planning, programming, and management services for military construction projects.
  • Also Read: Parsons’ Strength Of New Contracts Trigger Upgrade By This Analyst; Predicts Upside Of Over 20% Next Year
  • Price Action: PSN shares closed higher by 1.31% at $44.76 on Wednesday.
 
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