Benzinga | Nov 9, 2021 11:12AM EST

Parsons Wins $49M IDIQ Contract For Army Environmental Remediation

Parsons Corporation (NYSE:PSN) today announced the award of a potential five-year, $49 million indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) by the United States Army Corps of Engineers (USACE) Sacramento District.

Parsons will apply its expertise, including industry-leading advanced geophysical classification services, on behalf of USACE to investigate and remediate contamination at Military Munitions Response Program and Hazardous, Toxic, and Radioactive Waste sites.

"We stand ready to provide the tools, technology, and expertise to support the US Army Corps of Engineers in their continued efforts to clean up contamination across the country," said Jon Moretta, President, Engineered Systems, for Parsons. "Our teams have supported USACE's environmental efforts for nearly 30 years and look forward to serving the Sacramento District in this quest."

The award will support a wide range of environmental services at Formerly Used Defense Sites located primarily in California, Nevada, Arizona, New Mexico, and Utah. Environmental remediation is an expanding area within Parsons' extensive environmental, social, and governance portfolio.

To learn more about Parsons' federal infrastructure capabilities, visit Parsons.com/federal-infrastructure/.