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Stock impact report

Parsons Wins Position on $464M U.S. Army Remediation Contract

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., April 29, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) by the United States Army Environmental Command (USAEC) for remediation services at sites involving hazardous toxic waste, including perfluoroalkyl and polyfluoroalkyl substances (PFAS). The $464 million ceiling value contract consists of a five-year ordering period and is new work for the company. Under this contract, Parsons will compete for task orders to perform evaluation, investigation, and other remediation services at various U.S. Army installations throughout the country and territories. Activities include PFAS treatment, munitions response, and operational range assessments. “Parsons has the experience and advanced technology necessary to solve the most complex environmental challenges across air, land, and water, delivering a cleaner, Show less Read more
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