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Stock impact report

Parsons Awarded $20 Million U.S. Army Corps of Engineers Contract for Puerto Rico Microgrid

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded the LTC Hernan G. Pesquera Army Reserve Center Microgrid contract by the United States Army Corps of Engineers (USACE) Louisville District. The $20 million contract, including base plus options, to enhance energy resilience and sustainability for the Pesquera Army Reserve Center in Puerto Rico consists of a 610-day period of performance and is new work for the company. Under this contract, Parsons will deliver critical infrastructure protection capabilities designed to enhance energy reliability, resilience, and sustainability for the Army Reserve Center in Juana Diaz, Puerto Rico, including installing security measures, generators, photovoltaic cells, a Battery Energy Storage System, microgrid controllers, and all necessary cabling to ensure a robust and efficient microgrid system. “Energy is a vital component of critical infrastructure protection Show less Read more
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