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Stock impact report

King Salman Park Foundation Selects Parsons for Project Management Office Services

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., April 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been awarded a contract for Project Management Office (PMO) services by the King Salman Park Foundation for King Salman Park. This 25-month contract marks new work for Parsons. King Salman Park is one of the world's most unique urban transformation projects, featuring 11.6 sq km of green space and over 10 sq km of built-up area. The Park includes cultural landmarks such as the Royal Arts Complex and a vibrant 7.2 km pedestrian walkway known as The Loop, among many other assets. All these elements are designed to support Saudi Vision 2030’s “Quality of Life” Program. Parsons' responsibilities encompass supporting the delivery strategy of the King Salman Park program, as well as overseeing and reporting on the design, procurement, construction, and implementation of smart city initiatives. "King Salman Park is an exceptional project that seamlessly integrates destination an Show less Read more
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