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Stock impact report

MPA contract extended to continue delivering the transformational Hudson Tunnel Project, the most urgent rail project in United States

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: PR Newswire
Hudson Tunnel Project Proves that America is Building AgainNEW YORK, Sept. 30, 2025 /PRNewswire/ -- MPA Delivery Partners, the joint venture of Mace, Parsons Corporation (NYSE: PSN), and Arcadis (EURONEXT: ARCAD) announced today that the team has been awarded a $665 million, 4.5-year contract extension by the Gateway Development Commission (GDC) to continue managing the successful delivery of the Hudson Tunnel Project (HTP).The HTP is progressing on-schedule and expected to create more than 95,000 jobs around the United States and generate more than $19 billion in economic activity. In addition to the thousands of talented employees in the New York/New Jersey region, the project is driving demand for U.S. suppliers of steel, aggregates, rail and track, and ventilation systems. Companies from North Carolina, Texas, Pennsylvania, Ohio, Alabama, Colorado, and Tennessee are benefiting from the Hudson Tunnel Project, unlocking the power of American ingenuity, and proving that the country i Show less Read more
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