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Parsons Wins $104M MDA Contract for Military Facility Construction, Modernization Services

Parsons‘ (NYSE: PSN) government services unit has won a potential $104.2 million contract to provide planning, design and construction services to the Missile Defense Agency’s facility restoration and modernization programs.

The company will help MDA build sustainable infrastructure systems, update aging or damaged military facilities and manage leases under the MDA Real Property Program, the Department of Defense said Thursday.

MDA received three proposals for the cost-plus-fixed-fee contract via the SAM.gov website and is obligating $1.7 million in fiscal 2022 research, development, test and evaluation funds at the time of award.

Work will occur at U.S. military installations located in Virginia, Alaska, Alabama and California through February 2028.

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