Parsons Pockers $40M Contract To Deliver Engineering Expertise To Bay Area Rapid Transit
Portfolio Pulse from Benzinga Newsdesk
Parsons has secured a five-year, $40 million task order contract with Bay Area Rapid Transit (BART) to provide engineering expertise. This is the fourth consecutive GES contract Parsons has won with BART and may include projects such as converting portions of BART's non-revenue fleet to zero-emission vehicles, capital program support, and fiber optic upgrades.
June 12, 2023 | 10:34 am
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Parsons has won a $40 million, five-year contract with BART, marking their fourth consecutive GES contract with the transit agency. The contract includes various engineering projects, potentially boosting Parsons' revenue.
The $40 million contract is significant for Parsons, as it marks their fourth consecutive GES contract with BART. The contract includes various engineering projects, which could lead to increased revenue for the company. This news is highly relevant and important for investors in PSN, and the confidence in the analysis is high.
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