Parsons Wins $40 Million Contract to Deliver Engineering Expertise to Bay Area Rapid Transit

CENTREVILLE, Va., June 12, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by Bay Area Rapid Transit (BART) to continue delivering general engineering services (GES) to the transit agency through 2028. The five-year, $40 million task order contract is the fourth consecutive GES contract Parsons has won with BART and may include projects such as strategic planning to convert portions of BART’s non-revenue fleet to zero-emission vehicles (ZEVs), support for capital programs, track and civil design, traction power engineering support, structural and geotechnical design, and fiber optic upgrades, among others.

“BART provides pivotal connections for those who work, play, and visit the Bay Area,” said Peter Torrellas, president, Connected Communities business unit for Parsons. “Parsons was founded in California, and we look forward to continue leveraging our local footprint to deliver sustainable, affordable, efficient infrastructure solutions that further improve the BART system and connect communities across the Bay as we’ve done for decades.”

Parsons has supported BART for more than 30 years and is currently providing design services during construction to BART for the implementation of a Communications-Based Train Control (CBTC) system. The CBTC system, which will be the largest deployed in North America when complete, includes replacing the automatic train control system on 125 miles of track to improve passenger carrying capacity, provide a state of good repair, and help deliver a safer, more efficient transit system.

Parsons is a global leader in critical infrastructure excellence with more than 60 years of experience in providing solutions and services to the passenger rail, light rail, and freight industries. The company has worked with hundreds of rail and transit operators around the world to develop sustainable solutions that create greater mobility and provide long-term economic and social benefits.

To learn more about Parsons’ rail and transit expertise, visit 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 solutions. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

Forward-Looking Statements

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Media Contact:    
Chelsie McKittrick
+1 512.719.6877
Chelsie.Mckittrick@parsons.com

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