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Parsons Selected as Lead Designer for Newark AirTrain Replacement Program

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Parsons (NYSE: PSN) has been selected as the lead designer for the Newark AirTrain Replacement Program, a $1.18 billion project awarded by the Port Authority of New York and New Jersey. The project involves replacing the existing AirTrain with a modern automated people mover (APM) at Newark Liberty International Airport.

As lead designer, Parsons will design 2.5 miles of elevated guideway and three new stations. The project is part of the airport's modernization efforts and will connect to Terminal A, which was also designed by Parsons in partnership with Tutor Perini. The new system aims to improve reliability, offer modern amenities, and accommodate increasing passenger demand.

Parsons (NYSE: PSN) è stato selezionato come progettista principale per il Programma di Sostituzione dell'AirTrain di Newark, un progetto da 1,18 miliardi di dollari assegnato dall'Autorità Portuale di New York e del New Jersey. Il progetto prevede la sostituzione dell'attuale AirTrain con un moderno sistema di trasporto automatizzato di persone (APM) presso l'Aeroporto Internazionale di Newark Liberty.

In qualità di progettista principale, Parsons progetterà 2,5 miglia di viadotto elevato e tre nuove stazioni. Il progetto fa parte degli sforzi di modernizzazione dell'aeroporto e si collegherà al Terminal A, che è stato anch'esso progettato da Parsons in collaborazione con Tutor Perini. Il nuovo sistema ha l'obiettivo di migliorare l'affidabilità, offrire servizi moderni e soddisfare l'incremento della domanda di passeggeri.

Parsons (NYSE: PSN) ha sido seleccionado como el diseñador principal para el Programa de Reemplazo del AirTrain de Newark, un proyecto de 1,18 mil millones de dólares otorgado por la Autoridad Portuaria de Nueva York y Nueva Jersey. El proyecto implica reemplazar el AirTrain existente con un moderno sistema automatizado de transporte de personas (APM) en el Aeropuerto Internacional de Newark Liberty.

Como diseñador principal, Parsons diseñará 2,5 millas de viaducto elevado y tres nuevas estaciones. El proyecto es parte de los esfuerzos de modernización del aeropuerto y se conectará con la Terminal A, que también fue diseñada por Parsons en colaboración con Tutor Perini. El nuevo sistema tiene como objetivo mejorar la fiabilidad, ofrecer comodidades modernas y acomodar el creciente demanda de pasajeros.

Parsons (NYSE: PSN)뉴어크 에어트레인 교체 프로그램의 주 설계자로 선정되었습니다. 이 프로젝트는 뉴욕 뉴저지 항만청이 제공한 11억 8천만 달러 규모의 것으로, 뉴어크 리버티 국제공항에서 기존의 에어트레인을 현대적인 자동 사람 이동기(APM)로 대체하는 것을 포함합니다.

주 설계자로서, Parsons는 2.5마일의 고가 교량 및 세 개의 새로운 역을 설계할 것입니다. 이 프로젝트는 공항 현대화 노력의 일환이며, Parsons가 Tutor Perini와 공동으로 설계한 터미널 A와 연결될 것입니다. 새로운 시스템은 신뢰성을 개선하고 현대적인 편의 시설을 제공하며, 증가하는 승객 수요를 수용하는 것을 목표로 하고 있습니다.

Parsons (NYSE: PSN) a été choisi comme concepteur principal pour le Programme de Remplacement de l'AirTrain de Newark, un projet de 1,18 milliard de dollars attribué par l'Autorité Portuaire de New York et du New Jersey. Le projet consiste à remplacer l'AirTrain existant par un système moderne de transport automatisé de personnes (APM) à l'Aéroport International de Newark Liberty.

En tant que concepteur principal, Parsons concevra 2,5 milles de viaduc surélevé et trois nouvelles stations. Le projet s'inscrit dans les efforts de modernisation de l'aéroport et se connectera au Terminal A, qui a également été conçu par Parsons en partenariat avec Tutor Perini. Le nouveau système vise à améliorer la fiabilité, à offrir des commodités modernes et à répondre à l'augmentation de la demande des passagers.

Parsons (NYSE: PSN) wurde als Hauptdesigner für das Newark AirTrain Erneuerungsprogramm ausgewählt, ein Projekt im Wert von 1,18 Milliarden Dollar, das von der Port Authority of New York and New Jersey vergeben wurde. Das Projekt umfasst den Ersatz des bestehenden AirTrain durch ein modernes automatisiertes Personentransportsystem (APM) am Newark Liberty International Airport.

Als Hauptdesigner wird Parsons 2,5 Meilen erhöhte Führungsschiene und drei neue Stationen entwerfen. Das Projekt ist Teil der Modernisierungsmaßnahmen des Flughafens und wird mit Terminal A verbunden, das ebenfalls von Parsons in Zusammenarbeit mit Tutor Perini entworfen wurde. Das neue System zielt darauf ab, die Zuverlässigkeit zu verbessern, moderne Annehmlichkeiten zu bieten und der steigenden Passagiernachfrage gerecht zu werden.

Positive
  • Secured $1.18 billion contract as lead designer for Newark AirTrain project
  • Expands presence in New York Metropolitan Area infrastructure projects
  • Builds upon existing Terminal A project relationship, demonstrating strong client trust
  • Project strengthens company's position in critical infrastructure solutions
Negative
  • None.

Insights

The $1.18 billion Newark AirTrain Replacement Program represents a significant infrastructure development that will positively impact Parsons' project pipeline and revenue potential. As the lead designer for this major transportation upgrade, Parsons will leverage its extensive aviation expertise while strengthening its position in the lucrative New York Metropolitan Area market.

The project scope, including 2.5 miles of elevated guideway and three new stations, builds upon Parsons' successful track record with Terminal A, creating valuable synergies and operational efficiencies. This contract reinforces Parsons' competitive advantage in complex infrastructure projects and positions them well for future PANYNJ contracts. The modernization initiative addresses critical infrastructure needs while providing long-term revenue visibility.

The AirTrain replacement project addresses a critical infrastructure need at one of the nation's major aviation hubs. The automated people mover (APM) system will significantly enhance passenger connectivity and operational efficiency at Newark Liberty International Airport, which serves millions of travelers annually. The integration with Terminal A and improved rail links will create a more seamless transit experience, potentially increasing airport capacity and reducing ground transportation bottlenecks.

The project's focus on reliability and modern amenities aligns with growing passenger expectations and future demand projections. This comprehensive transit solution will likely result in reduced transfer times and improved passenger satisfaction, making Newark more competitive among major East Coast airports.

CHANTILLY, Va., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Port Authority of New York and New Jersey (PANYNJ) has selected the Tutor/O&G joint venture (JV) team, with Parsons as the lead designer, for the Newark AirTrain Replacement Program – Guideway and Stations project. The $1.18 billion project is a critical component of the modernization of Newark Liberty International Airport (EWR) and will replace the existing, aging AirTrain system with a state-of-the-art automated people mover (APM) to better serve the airport's growing passenger needs.

The new AirTrain system will enhance passenger experience and improve operational efficiency at one of the region's busiest airports. The replacement system will improve reliability, offer modern amenities, and accommodate increasing passenger demand. As the lead designer, Parsons will be responsible for designing 2.5 miles of elevated guideway, along with three new stations—Station 1, Station 3, and the Rail Link Station.

“Parsons is proud to apply our deep aviation expertise to this large-scale infrastructure project,” said Mark Fialkowski, president of Infrastructure North America for Parsons. “The AirTrain is a natural extension of our work on the EWR Terminal A project and will provide a world-class transportation system to support the future of Newark Liberty International Airport.”

The award of the AirTrain contract marks a significant step in enhancing Newark Liberty International Airport's connectivity, with Parsons playing a key role in the project. The new system will directly link the state-of-the-art Terminal A, which was also designed by Parsons in partnership with Tutor Perini. Parsons contributed significant design work to the airport’s broader transit network, addressing the long-standing need for direct access. The team provided key foundational work on the project, ensuring a robust and efficient solution for travelers.

With the addition of this new project, Parsons continues to strengthen its leadership in delivering complex, mission-critical infrastructure solutions across the New York Metropolitan Area. The company’s proven expertise in alternative delivery methods and role as a trusted partner has enabled it to successfully complete a range of high-profile, large-scale projects for PANYNJ.

Parsons has decades of experience designing, delivering, and protecting the infrastructure that connects our communities around the world, including roads and highways; bridges; passenger and freight rail; public transit; airports; and ports and waterways. Our experience includes more than 10,000 miles of roadways, 4,500 bridges, and more than 50 advanced traffic management system deployments that help cities and states improve safety and travel efficiency while also reducing emissions and energy costs to enhance the quality of life in the communities we serve.

To learn more about Parsons’ aviation expertise, visit www.Parsons.com/aviation/.

To learn more about Parsons’ rail and transit expertise, visit https://www.parsons.com/rail-transit/.

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.

Media Contact:                                        
Lexus K. White
+1 470.510.6690
Lexus.White@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
Dave.Spille@parsons.us


FAQ

What is the value of Parsons (PSN) Newark AirTrain Replacement Program contract?

The Newark AirTrain Replacement Program project is valued at $1.18 billion.

What is Parsons (PSN) scope of work in the Newark AirTrain project?

Parsons will serve as lead designer, responsible for designing 2.5 miles of elevated guideway and three new stations: Station 1, Station 3, and the Rail Link Station.

How will the new Newark AirTrain system improve airport operations?

The new system will improve reliability, offer modern amenities, accommodate increasing passenger demand, and provide better connectivity to Terminal A.

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