BAE Systems Selects Parsons For Modernization Project At Radford Army Ammunition Plant; Under This 2-Year, $15.4M Contract, Parsons Will Prepare A Series Of Preliminary Design Packages For The RFAAP Manufacturing Facility
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BAE Systems has awarded Parsons Corporation a $15.4 million contract to modernize the Radford Army Ammunition Plant. Parsons will prepare preliminary design packages over a two-year period.
July 16, 2024 | 7:19 pm
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Parsons Corporation has been awarded a $15.4 million contract by BAE Systems to modernize the Radford Army Ammunition Plant. This project will involve preparing preliminary design packages over a two-year period.
The $15.4 million contract from BAE Systems is a significant win for Parsons Corporation, likely to positively impact its stock price in the short term. The project enhances Parsons' portfolio in national security and infrastructure, boosting investor confidence.
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