Parsons Says JV With Vanir Won $30M, 5-Year Sacramento International Airport's CMI Services Contract
Portfolio Pulse from Benzinga Newsdesk
Parsons Corporation, in a joint venture with Vanir, has secured a $30 million, 5-year contract to provide Construction Management and Inspection (CMI) services at Sacramento International Airport.
July 26, 2024 | 10:32 am
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Parsons Corporation, in collaboration with Vanir, has been awarded a $30 million, 5-year contract for CMI services at Sacramento International Airport. This contract is likely to boost Parsons' revenue and strengthen its market position in the aviation sector.
The $30 million contract will provide a steady revenue stream over the next five years, positively impacting Parsons' financials. The partnership with Vanir also highlights Parsons' capability to secure significant contracts in the aviation sector.
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