Parsons Secures Spot in LAWA's $1B Multiple Award Task Order Contract Covering LAX And Van Nuys Airport
Portfolio Pulse from Benzinga Newsdesk
Parsons Corporation has secured a position in Los Angeles World Airports' (LAWA) $1 billion Multiple Award Task Order Contract, which covers projects at Los Angeles International Airport (LAX) and Van Nuys Airport.
May 22, 2024 | 10:39 am
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Parsons Corporation has been awarded a position in a $1 billion contract by Los Angeles World Airports, covering projects at LAX and Van Nuys Airport. This contract is likely to boost Parsons' revenue and strengthen its market position in the aviation infrastructure sector.
Securing a position in a $1 billion contract is a significant achievement for Parsons Corporation. It is expected to positively impact the company's revenue and market position in the aviation infrastructure sector, leading to a likely short-term increase in stock price.
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