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Parsons Awarded $600M Ceiling U.S. Postal Service Contract

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CENTREVILLE, Va., Feb. 22, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) has won a seven-year contract with the  U.S. Postal Service's (USPS) Nationwide Program Management Services (PMS) worth a total potential value of $600 million. The deal is the company's third consecutive with the USPS. The seven-year timeframe assumes all option periods are exercised.

"We look forward to continuing our 17-year relationship with the USPS and helping them deliver exceptional support to citizens around the country," said Chris Alexander, executive vice president, and general manager of the Parsons' engineered systems market. "Our experience in program management, architectural and engineering design, and construction management supports the USPS' ongoing modernization efforts ensuring uninterrupted delivery of reliable and affordable mail service to our nation."

Parsons recently supported USPS National Facilities Programs, including self-service kiosks, elevator modernization, parking structure rehabilitation, leased space accessibility program, and the repair and alteration program.

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com, and follow us on LinkedIn and Facebook to learn how we're making an impact.

Media Contact:
Bryce McDevitt
+ 1 703.851.4425
bryce.mcdevitt@parsons.com 

Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
dave.spille@parsons.com 

Parsons Quest Mark Logo (PRNewsfoto/Parsons Corporation)

 

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Parsons Corporation

NYSE:PSN

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Computer Systems Design Services
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About PSN

founded in 1944, parsons is an engineering, construction, technical, and management services firm. our revenues in 2014 were $3.1 billion. we are 100% owned by our employee stock ownership trust. we conquer the toughest logistical challenges and deliver design/design-build, program/construction management, professional services, and innovative alternative delivery solutions to private industrial customers worldwide as well as to federal, regional, and local government agencies. parsons is a leader in many diversified markets with a focus on defense/security, industrial, and infrastructure. currently, more than 15,000 parsons employees are engaged in nearly 5,000 projects in 29 countries. collectively, our dedicated workers speak more than 80 languages and hold more than 11,800 college degrees and professional registrations. parsons' employees continue to go anywhere in the world, meet every technical and management challenge, and persevere until the job is done. social media house ru