PIF-Backed Diriyah Company Awards Parsons $56 million (SAR 210 million) Contract for Design and Construction Supervision in Saudi Arabia
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: GlobeNewswire
CHANTILLY, Va., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract for Phase 2 of the Diriyah project by Diriyah Company, a Public Investment Fund (PIF)-owned company in the first half of 2025. This $56 million (SAR 210 million), 5-year contract represents new work for Parsons Corporation. Under the contract, Parsons will support the design and delivery of a series of iconic and neighborhood parks, open spaces and over 55km of streetscape. Parsons’ scope also includes the design and construction supervision of Diriyah Phase 2: Public Realm consisting of streets, footpaths, accessible open spaces and civic buildings and facilities, helping create an environment that people want to live and work in. “It is an honor to work with Diriyah Company on creating this iconic mixed-use destination that celebrates Saudi’s rich culture and heritage. This unique urban development program will use the latest technology and ur
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News
- Parsons (NYSE:PSN) was downgraded by analysts at Raymond James Financial, Inc. from a "strong-buy" rating to a "market perform" rating.MarketBeat
- Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency's Efforts to Counter and Mitigate Weapons of Mass Destruction [Yahoo! Finance]Yahoo! Finance
- Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency’s Efforts to Counter and Mitigate Weapons of Mass DestructionGlobeNewswire
- Parsons to Present at Goldman Sachs Industrials and Materials ConferenceGlobeNewswire
- Parsons (NYSE:PSN) was upgraded by analysts at UBS Group AG to a "strong-buy" rating.MarketBeat
PSN
Earnings
- 11/5/25 - Beat
PSN
Sec Filings
- 12/3/25 - Form 8-K
- 11/12/25 - Form SCHEDULE
- 11/5/25 - Form 10-Q
- PSN's page on the SEC website