Parsons awarded position on $15B Navy contract

Parsons (PSN) announced that the company was awarded a position on the $15B Pacific Deterrence Initiative Multiple Award Construction Contract by the Naval Facilities Engineering Systems Command. The MACC consists of a five-year base period with three one-year option periods and is a key component of the Pacific Deterrence Initiative, a U.S. Department of Defense program designed to strengthen deterrence capabilities, enhance regional security, and support the defense infrastructure throughout the Indo-Pacific region. Under the PDI MACC, Parsons will compete for task orders to provide design and engineering services to deliver projects exceeding $100M in scope, including runways, hangars, waterfront facilities, warehousing and storage infrastructure, and energy and fuel storage solutions.