Benzinga | Jan 10, 2022 12:47PM EST

Parsons Secures $12M Contract From JetBlue To Support Terminal Development

* Parsons Corp (NYSE:PSN) has secured a $12.6 million program management contract from JetBlue Airways Corp (NASDAQ:JBLU) to deliver program management services for the development of Terminal 5 at Fort Lauderdale/Hollywood International Airport (FLL).

* This contract will assist JetBlue in implementing the design and building of a new five-gate, $300 million passenger terminal at FLL. JetBlue Airways was selected to manage the construction of Terminal 5 on behalf of the Broward County Aviation Department.

* The new Terminal 5 facility is part of the master plan development of the Fort Lauderdale/Hollywood International Airport.

* Price Action: PSN shares are trading lower by 0.15% at $33.13 on the last check Monday.