Parsons Wins Position on $464M U.S. Army Remediation Contract

CHANTILLY, Va., April 29, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) by the United States Army Environmental Command (USAEC) for remediation services at sites involving hazardous toxic waste, including perfluoroalkyl and polyfluoroalkyl substances (PFAS). The $464 million ceiling value contract consists of a five-year ordering period and is new work for the company.

Under this contract, Parsons will compete for task orders to perform evaluation, investigation, and other remediation services at various U.S. Army installations throughout the country and territories. Activities include PFAS treatment, munitions response, and operational range assessments.

“Parsons has the experience and advanced technology necessary to solve the most complex environmental challenges across air, land, and water, delivering a cleaner, safer planet,” said Jon Moretta, president, Engineered Systems for Parsons. “We’re proud to advance USAEC’s mission, ensuring Army installations are both safe for use and protective of human health and the environment."

Parsons has comprehensive experience investigating, mitigating, and remediating PFAS, one of today’s most significant, widespread environmental issues. The company also has decades of experience successfully performing munitions response projects and is at the forefront of Advanced Geophysical Classification (AGC) technology.

This work for USAEC expands Parsons’ environmental remediation project portfolio. Earlier this year, the company announced it won a seat on a $245 million U.S. Army Corps of Engineers (USACE) contract for work funded by the Infrastructure Investment and Jobs Act related to U.S. Environmental Protection Agency cleanup projects. In the last quarter of 2023, the company made three announcements of awards in support of USACE environmental remediation services, including PFAS investigations, AGC data collection and analysis, and assessments of munitions, explosives, and material for hazardous removal, each of which represented new work for the company.