Parsons and V2X Form Joint Venture in Pursuit of National Science Foundation Antarctica Contract
Parsons (NYSE: PSN) has formed a joint venture with V2X called Polar Science Alliance (PSA) to pursue the National Science Foundation's Antarctic Science and Engineering Support Contract. The contract has an $8 billion ceiling value and aims to provide scientific research support services for the United States Antarctic Program over the next two decades.
The joint venture combines Parsons' 55 years of polar operations experience and infrastructure expertise with V2X's decade of polar operations and 20 years of science support experience. Parsons brings experience in polar operations and infrastructure modernization, while V2X contributes its expertise in supporting operations in remote and complex environments.
Parsons (NYSE: PSN) ha formato una joint venture con V2X chiamata Polar Science Alliance (PSA) per perseguire il contratto di supporto scientifico e ingegneristico della National Science Foundation per l'Antartide. Il contratto ha un valore massimo di 8 miliardi di dollari e mira a fornire servizi di supporto alla ricerca scientifica per il Programma Antartico degli Stati Uniti nei prossimi due decenni.
La joint venture combina i 55 anni di esperienza di Parsons nelle operazioni polari e l'expertise infrastrutturale con il decennio di operazioni polari di V2X e i 20 anni di esperienza nel supporto scientifico. Parsons porta con sé esperienza nelle operazioni polari e nella modernizzazione delle infrastrutture, mentre V2X contribuisce con la sua competenza nel supportare operazioni in ambienti remoti e complessi.
Parsons (NYSE: PSN) ha formado una empresa conjunta con V2X llamada Polar Science Alliance (PSA) para buscar el contrato de soporte científico y de ingeniería de la Fundación Nacional de Ciencias para la Antártida. El contrato tiene un valor máximo de 8 mil millones de dólares y tiene como objetivo proporcionar servicios de apoyo a la investigación científica para el Programa Antártico de los Estados Unidos durante las próximas dos décadas.
La empresa conjunta combina los 55 años de experiencia de Parsons en operaciones polares y su experiencia en infraestructuras con la década de operaciones polares de V2X y sus 20 años de experiencia en soporte científico. Parsons aporta experiencia en operaciones polares y modernización de infraestructuras, mientras que V2X contribuye con su experiencia en el apoyo a operaciones en entornos remotos y complejos.
파슨스 (NYSE: PSN)는 V2X와 함께 극지 과학 연합 (PSA)라는 합작 회사를 설립하여 국가 과학 재단의 남극 과학 및 엔지니어링 지원 계약을 추진하고 있습니다. 이 계약의 최대 가치는 80억 달러이며, 향후 20년 동안 미국 남극 프로그램을 위한 과학 연구 지원 서비스를 제공하는 것을 목표로 합니다.
이 합작 회사는 파슨스의 55년간 극지 운영 경험과 인프라 전문성을 V2X의 10년 극지 운영 경험 및 20년 과학 지원 경험과 결합합니다. 파슨스는 극지 운영 및 인프라 현대화 경험을 제공하고, V2X는 원격 및 복잡한 환경에서의 운영 지원에 대한 전문성을 기여합니다.
Parsons (NYSE: PSN) a formé une coentreprise avec V2X appelée Polar Science Alliance (PSA) pour poursuivre le contrat de support scientifique et technique de la National Science Foundation pour l'Antarctique. Ce contrat a une valeur plafond de 8 milliards de dollars et vise à fournir des services de soutien à la recherche scientifique pour le programme antarctique des États-Unis au cours des deux prochaines décennies.
La coentreprise combine les 55 ans d'expérience de Parsons dans les opérations polaires et l'expertise en infrastructure avec la décennie d'opérations polaires de V2X et ses 20 ans d'expérience en soutien scientifique. Parsons apporte son expérience en opérations polaires et en modernisation des infrastructures, tandis que V2X contribue avec son expertise dans le soutien des opérations dans des environnements éloignés et complexes.
Parsons (NYSE: PSN) hat ein Joint Venture mit V2X gegründet, das Polar Science Alliance (PSA) genannt wird, um den Vertrag über wissenschaftliche und technische Unterstützung der National Science Foundation für die Antarktis zu verfolgen. Der Vertrag hat einen Höchstwert von 8 Milliarden Dollar und zielt darauf ab, in den nächsten zwei Jahrzehnten wissenschaftliche Forschungsunterstützungsdienste für das Antarktis-Programm der Vereinigten Staaten bereitzustellen.
Das Joint Venture kombiniert die 55-jährige Erfahrung von Parsons in der Polaroperation und der Infrastruktur mit dem Jahrzehnt der Polaroperationen von V2X und 20 Jahren Erfahrung in der wissenschaftlichen Unterstützung. Parsons bringt Erfahrung in Polaroperationen und Infrastrukturmodernisierung ein, während V2X seine Expertise in der Unterstützung von Operationen in abgelegenen und komplexen Umgebungen beisteuert.
- $8 billion ceiling value contract opportunity
- 20-year contract duration providing long-term revenue potential
- Strategic partnership combining complementary expertise in polar operations
- Contract not yet awarded - only pursuing the opportunity
- High operational costs and risks associated with Antarctic operations
Insights
CHANTILLY, Va., Dec. 10, 2024 (GLOBE NEWSWIRE) -- (December 10, 2024) – Parsons Corporation (NYSE: PSN) announced today that the company has formed a joint venture with V2X named Polar Science Alliance (PSA), LLC to pursue the National Science Foundation’s (NSF) Antarctic Science and Engineering Support Contract (ASESC). This mission-critical
NSF manages all U.S. scientific research and related logistics in Antarctica as well as aboard ships in the Southern Ocean through the USAP, the largest scientific research program in the Antarctic region. The NSF has maintained a pivotal U.S. presence in Antarctica for more than six decades, working to study the Antarctic and its ecosystems, understand the region's impact on global processes such as climate, and leverage Antarctica's unique features for scientific research that cannot be done as well elsewhere.
“Polar Science Alliance stands ready to bring the experience and resources of its parent companies, Parsons and V2X, to the world-class United States Antarctic Program,” said Jon Moretta, President, Engineered Systems for Parsons. “Parsons brings years of experience in polar operations to this joint venture, including work as the modernization designer and builder on the Antarctica Infrastructure Modernization for Science Project. We’re proud to team with V2X for the opportunity to be NSF’s USAP support services partner in enabling the world-class Antarctic science program.”
Parsons is a leader in providing the federal government with solutions to the most complex infrastructure challenges. The company has 55 years of successful and proven polar operations experience beginning in 1970 on the North Slope of Alaska, with capabilities spanning program and construction management, engineering and planning, and logistics. As a global solutions provider, Parsons works in all environments, including Antarctica's freezing temperatures and volcanic rock. The company uses technological innovation and harnesses the potential of artificial intelligence to empower smarter decision-making, drive efficiency, and support clients worldwide across infrastructure, the environment, and national security.
“V2X and Parsons have formed the perfect team to provide support to the NSF and support the USAP for scientific research in Antarctica,” added Ken Shreves, Senior Vice President of Mission Support at V2X. “With work from the Arctic U.S. Space Force base to the West-central Pacific Ocean U.S. Army Kwajalein Atoll, V2X is top support for any geographical and geopolitical environment in the world.”
As a testimony of working in polar climates, V2X has over a decade of large-scale polar operations experience and was recently awarded the follow-on decade supporting the U.S. Space Force in Greenland. In addition, V2X retains over 20 years of science support experience. V2X optimizes operations at every stage of the mission lifecycle, providing better support at lower cost using industry leading practices and lessons learned from a portfolio of global, large magnitude programs in remote, complex, and austere environments. For 80 years, V2X has enhanced operations, maintenance, logistics, engineering, technology, and sustainment for government clients worldwide.
The Polar Science Alliance collectively brings world-class capabilities in global logistics, operations, and engineering coupled with over 100 years of science and research support experience. To learn more about Polar Science Alliance, visit www.polarsciencealliance.com.
To learn more about Parsons’ federal infrastructure solutions, visit www.parsons.com/federal-infrastructure/.
To learn more about V2X and its capabilities, visit www.goV2X.com.
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 infrastructure protection. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.
About V2X:
V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission's lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today's toughest challenges across all operational domains.
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