Parsons Wins $49 Million IDIQ Contract for Army Environmental Remediation
Parsons Corporation (NYSE: PSN) announced a five-year, $49 million indefinite-delivery, indefinite-quantity (IDIQ) contract with the U.S. Army Corps of Engineers (USACE) Sacramento District. This contract aims to leverage Parsons' advanced geophysical classification services to address contamination at military and hazardous waste sites. The services primarily support Formerly Used Defense Sites across California, Nevada, Arizona, New Mexico, and Utah. With nearly 30 years of partnership with USACE, Parsons aims to enhance its capabilities in environmental remediation.
- Awarded a $49 million contract with USACE for environmental remediation.
- Contract duration of five years provides revenue stability.
- Strengthens partnership with USACE, showcasing Parsons' expertise.
- None.
CENTREVILLE, Va., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced the award of a potential five-year,
Parsons will apply its expertise, including industry-leading advanced geophysical classification services, on behalf of USACE to investigate and remediate contamination at Military Munitions Response Program and Hazardous, Toxic, and Radioactive Waste sites.
“We stand ready to provide the tools, technology, and expertise to support the US Army Corps of Engineers in their continued efforts to clean up contamination across the country,” said Jon Moretta, President, Engineered Systems, for Parsons. “Our teams have supported USACE’s environmental efforts for nearly 30 years and look forward to serving the Sacramento District in this quest.”
The award will support a wide range of environmental services at Formerly Used Defense Sites located primarily in California, Nevada, Arizona, New Mexico, and Utah. Environmental remediation is an expanding area within Parsons’ extensive environmental, social, and governance portfolio.
To learn more about Parsons’ federal infrastructure capabilities, visit Parsons.com/federal-infrastructure/.
About Parsons
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.
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Media Contact:
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+ 1 980.253.9781
bernadette.miller@parsons.com
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