Parsons Accelerates Denver's Intelligent Transportation Transformation

Rhea-AI Summary

Parsons Corporation (NYSE: PSN) has been awarded a contract for program management on Denver's Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) Connected Vehicle project. This initiative aims to enhance traffic management by integrating IoT devices in city vehicles and intersections, improving situational awareness for city operations. The contract encompasses various smart city solutions, focusing on mobility, safety, and climate change mitigation. With over 30 years of experience in intelligent transportation, Parsons is poised to contribute significantly to Denver's smart infrastructure.

Positive

• Awarded contract for Denver's ATCMTD project, enhancing traffic management capabilities.
• Involvement in smart city solutions aligns with increasing investments in urban infrastructure.
• Expertise in intelligent transportation solutions demonstrates company competence.

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• None.

CENTREVILLE, Va., Nov. 19, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected to provide program management for the City and County of Denver's Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) Connected Vehicle (CV) project. The company will oversee the data integration of Internet of Things devices at intersections and in city vehicles such as snowplows, improving situational awareness for drivers and operators of the Traffic Management Center (TMC).

"We share Denver's view that the convergence of technology and innovation creates significant opportunity to improve daily life for its citizens," said Tom Topolski, executive vice president, Connected Communities at Parsons. "Our experts have been deploying intelligent transportation solutions and smart city technologies for more than 30 years, and we look forward to working with Denver to ensure this deployment has the right technology to address traffic congestion and safety by connecting freight, fleet and pedestrians."

The project includes technical project coordination, systems integration for the connected vehicle ecosystem, testing, deployment, cybersecurity and training for City and County of Denver personnel.

This work is part of a contract to provide numerous smart city solutions for the City and County of Denver's Department of Transportation and Infrastructure, which aims to increase mobility and safety while reducing congestion and fighting climate change. The contract includes services ranging from systems engineering with agile development and intelligent systems to data systems and infrastructure, technical documentation and more.  

To learn more about Parsons' Smart Cities expertise, visit Parsons.com/solutions/Connected-Communities/.

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com, and follow us on LinkedIn and Facebook to learn how we're making an impact.

Media Contact:                                                        
Bernadette Miller
+1 980.253.9781
Bernadette.Miller@Parsons.com

Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
Dave.Spille@parsons.com

 

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SOURCE Parsons Corporation

FAQ

What is Parsons Corporation's role in Denver's ATCMTD project?

Parsons Corporation is contracted to manage the Advanced Transportation and Congestion Management Technologies Deployment project, focusing on integrating IoT devices for better traffic management.

What technologies will Parsons integrate in the Denver project?

Parsons will oversee the integration of IoT devices in city vehicles and at intersections to improve situational awareness for traffic management.

How does the ATCMTD project impact traffic congestion in Denver?

The project aims to reduce traffic congestion and improve safety through enhanced technology integration in transportation systems.

What is the significance of the contract awarded to Parsons Corporation?

The contract signifies Parsons' role in advancing Denver's smart city initiatives, leveraging their expertise in intelligent transportation solutions.

What are the expected outcomes of the Denver Connected Vehicle project?

Expected outcomes include improved mobility, enhanced safety, reduced congestion, and contributions to climate change efforts.