Parsons Secures Two Contracts Worth $25M To Perform Design Engineering For A Middle East Transportation Customer
Portfolio Pulse from Benzinga Newsdesk
Parsons Corporation has secured two contracts worth $25 million for design engineering services for a Middle East transportation customer. Over the last nine months, Parsons has won more than $90 million in contracts with the same customer.
October 16, 2024 | 10:01 am
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Parsons Corporation has secured two new contracts worth $25 million for design engineering services in the Middle East, adding to over $90 million in contracts with the same customer in the past nine months.
The new contracts worth $25 million add to a significant $90 million in awards from the same customer over nine months, indicating strong business relations and potential revenue growth for Parsons. This is likely to positively impact the stock price in the short term.
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