Parsons Awarded $53M 3-Year Contract For Roads Program In Riyadh, Saudi Arabia
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: GlobeNewswire
CHANTILLY, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company has been awarded a $53 million, three-year contract by the Royal Commission for Riyadh City (RCRC) in Saudi Arabia for program management office (PMO) services on its Main and Ring Roads Program. “We are proud to call the RCRC a long-standing client of ours and are honored to be working on the Main and Ring Roads Program alongside them,” said Martin Boson, Senior Vice President and General Manager of Parsons' Saudi Arabian operations. “With Riyadh being the most populated city in Saudi Arabia, the Program plays a fundamental role in facilitating the smooth mobility of people and vehicles within the city in the safest and most efficient way possible.” Under the contract, Parsons will be the PMO for all new major road development programs in Riyadh, providing overall management and control of construction activities. The program includes approximately 500km (about 310 mi
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News
- Parsons Co. (NYSE: PSN) was upgraded by analysts at TD Cowen to a "strong-buy" rating.MarketBeat
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- Parsons Successfully Conducts First-Of-A-Kind Threat Environment Demonstration [Yahoo! Finance]Yahoo! Finance
- Parsons Successfully Conducts First-Of-A-Kind Threat Environment DemonstrationGlobeNewswire
PSN
Earnings
- 10/30/24 - Beat
PSN
Sec Filings
- 12/19/24 - Form 4
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- PSN's page on the SEC website