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Tag Archives: Parsons

Corporate Dev’t Execs Say M&A Opportunities Could Emerge From Business Unit Divestitures

Executives from Leidos (NYSE: LDOS), ManTech International (Nasdaq: MANT), Parsons (NYSE: PSN) and Jacobs Engineering Group (NYSE: JEC) said they believe divestitures of smaller business units resulting from major mergers and acquisitions in the past two years could drive the next wave of M&As in the government contracting market, the Washington Business Journal reported Wednesday.

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Parsons Awarded $139M Army Airfield Repair Project

Parsons (NYSE: PSN) has won a three-year, $139.1M contract to perform repair work on a runway at the Bucholz Army Airfield located on Kwajalein Atoll in the Marshall Islands. The U.S. Army Corps of Engineers received three bids for the project and obligated the full contract amount at the time of awards, the Department of Defense said Wednesday.

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Five Companies, Four JVs Win Spots on $94M Army Master Planning, Design & Engineering Services IDIQ

The U.S. Army Corps of Engineers has selected four joint ventures and five independent firms to compete for  master planning, design, architectural and engineering task orders under a potential five-year, $94.5M contract. USACE received 11 bids for the firm-fixed-price contract via the internet, the Department of Defense said Monday.

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