Parsons Corporation Secures Construction Management Contract in New York
Parsons Corporation (NYSE:PSN) has secured a construction management services contract for the Newtown Creek Combined Sewer Overflow Storage Tunnel project in New York City. The company was selected by the New York City Department of Environmental Protection to deliver infrastructure improvements aimed at preventing untreated sewer discharges into waterways. Additionally, Parsons' joint venture with GSI Americas has won a $25 million contract with the U.S. Coast Guard.
Tickers: $PSN
Topics: construction management contract awards defense stocks infrastructure projects