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Parsons Wins Position on $2 Billion US Army Energy Resilience Contract

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Parsons (PSN) said Tuesday that it has received a position on a $2 billion multiple award task order contract by the US Army Corps of Engineers to deliver energy resilience and infrastructure modernization projects at military installations.

The contract supports the US Department of Defense's Energy Resilience and Conservation Investment Program, or ERCIP, which has a three-year base performance period with seven additional one-year options, the company said.

Under the contract, the company said it will compete for task orders to provide design-build services for ERCIP projects.

Price: $49.83, Change: $-0.20, Percent Change: -0.39%

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