Parsons Continues Bridge Legacy With Strategic Midwestern Wins

Rhea-AI Summary

On December 28, 2020, Parsons Corporation (NYSE: PSN) announced it has secured contracts worth over $16 million for bridge projects in Illinois, Iowa, and Michigan. These projects include the preliminary design and engineering for a major river crossing and several long span bridges. Mark Fialkowski, EVP of Mobility Solutions at Parsons, emphasized the company's extensive experience in bridge design spanning over 70 years. Notably, the work includes repeat projects on key infrastructure like Michigan's Mackinac Bridge, reinforcing their commitment to enhancing community connectivity.

Positive

• Secured contracts exceeding $16 million for bridge expertise projects.
• Includes planning and design for major river crossing and long span bridges.
• Repeat work on notable infrastructures like Michigan's Mackinac Bridge.

Negative

• None.

CENTREVILLE, Va., Dec. 28, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected to provide bridge expertise on numerous projects in Illinois, Iowa and Michigan, totaling more than $16 million in contract value. The wins include preliminary design and engineering for a major river crossing and multiple long span bridge projects.

"Our more than 70 years of experience in accelerated bridge design and delivery has allowed us to tackle tough challenges on some of the largest, most complex bridge projects in the world," said Mark Fialkowski, executive vice president, Mobility Solutions at Parsons. "We're excited to continue designing and maintaining the bridges that help connect our communities, and create a safer world."

The strategic wins comprise planning and design, LED lighting, bridge deck studies, as well as repeat work on several key bridges, including Michigan's Mackinac Bridge, the longest suspension bridge in North America that was designed by Parsons in the 1950's.

To learn more about Parsons' bridge expertise, visit Parsons.com/bridge/.

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 were the recent contract wins for Parsons Corporation (PSN)?

Parsons Corporation announced over $16 million in contracts for bridge projects in Illinois, Iowa, and Michigan.

What types of projects did Parsons win contracts for?

The projects include preliminary design and engineering for a major river crossing and several long span bridge projects.

Who is Mark Fialkowski and what did he say about the new contracts?

Mark Fialkowski is the EVP of Mobility Solutions at Parsons, highlighting the company's 70 years of experience in bridge design.

What significance do the new contracts hold for Parsons Corporation (PSN)?

These contracts reinforce Parsons' expertise and commitment to infrastructure, including repeat work on key projects like the Mackinac Bridge.