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Stock impact report

Parsons Wins Position on $1B Contract Supporting DC Metro Projects [Yahoo! Finance]

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
CHANTILLY, Va., March 12, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on an indefinite-delivery, indefinite-quantity multiple award task order contract (MATOC) by the Washington Metropolitan Area Transit Authority (Metro) for multi-disciplinary project and construction management support. The approximately $1 billion ceiling-value MATOC includes a base period of five years as well as a one-year option period and represents new work for Parsons. “Metro has been connecting the District of Columbia, Maryland, and Virginia region for decades, improving mobility safely and efficiently,” said Mark Fialkowski, President, North America Infrastructure for Parsons. “We are proud to have partnered with Metro since the authority's inception in 1967 and look forward to continuing to deliver innovative transit solutions for the authority and the customers it serves.” Under this MATOC, Parsons will compete for task orders to provi Show less Read more
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