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Stock impact report

Parsons Extends Bridge Franchise with America’s River Crossing Award

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Tennessee Department of Transportation (TDOT) has selected the company to serve as lead designer for the proposed America’s River Crossing project, a pivotal infrastructure project aimed at enhancing transportation connectivity and economic growth in the Memphis region. This contract win marks a significant milestone for Parsons, further solidifying its position as a leader in long-span bridge design. The proposed America’s River Crossing project will replace the existing 75-year-old I-55 bridge, which, by 2050, is projected to support approximately 64,000 vehicles carrying residents, workers, and freight moving between Tennessee, Arkansas, and Mississippi every day. Parsons is responsible for delivering a design to address route resiliency, improve safety, and maintain a state of good repair. "Our selection for the America’s River Crossing project is a testament to Parsons' Show less Read more
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