Parsons (NYSE: PSN) was selected by VIA Metropolitan Transit to complete final design of the Advanced Rapid Transit (ART) VIA Rapid Silver Line in San Antonio on Dec. 23, 2025. The Silver Line is a 7.3-mile corridor with an estimated project cost of $322 million and will include 18 new or modified stations to improve frequency, reliability, and connectivity across the VIA system.
The ART design will use dedicated bus lanes, transit-priority signals, and off-board fare collection to enable faster boarding and travel. Parsons noted it has supported VIA for more than 25 years and is also delivering final design work on the ART Green Line, which will intersect the Silver Line downtown.
Loading...
Loading translation...
Positive
Awarded final-design role for a 7.3-mile transit corridor
Project value cited: $322 million estimated cost
Design covers 18 new or modified stations
Continues a 25+ year relationship with VIA
Work aligns with concurrent Green Line final design
Negative
None.
News Market Reaction – PSN
+0.92%
1 alert
+0.92%Session close to close
$6.62BMarket Cap
1.01KVolume
In the Dec 23 session, PSN gained 0.92%, reflecting a mild positive market reaction.
This announcement highlights Parsons’ selection to complete final design work for VIA’s Rapid Silver...
Analysis
This announcement highlights Parsons’ selection to complete final design work for VIA’s Rapid Silver Line in San Antonio, a 7.3-mile corridor with an estimated cost of $322 million and 18 new or modified stations. It reinforces a relationship of more than 25 years with VIA and over 50 years of transit work in Texas. Investors may watch how this and the Green Line progress translate into backlog, margin quality, and future awards.
Key Figures
Silver Line length:7.3 milesProject cost:$322 millionStations:18 stations+2 more
5 metrics
Silver Line length7.3 milesVIA Rapid Silver Line corridor in San Antonio
Project cost$322 millionEstimated cost of VIA Rapid Silver Line project
Stations18 stationsNew or modified stations on VIA Rapid Silver Line
VIA relationshipMore than 25 yearsParsons’ support of VIA Metropolitan Transit Authority
Texas transit experienceMore than 50 yearsParsons’ history connecting communities across Texas
Key Terms
advanced rapid transit, off-board fare collection, dedicating bus lanes, transit-friendly traffic signals
4 terms
advanced rapid transittechnical
"to complete the final design of the Advanced Rapid Transit (ART) program"
A high-capacity, fast public transit system that uses modern vehicles, dedicated routes and often automation to move large numbers of people quickly across urban areas — think of it as an express highway for mass transit. It matters to investors because these projects require large upfront spending and long-term maintenance but can create steady revenue streams, influence real estate values and carry regulatory and ridership risks that affect returns.
off-board fare collectiontechnical
"and offering off-board fare collection for faster boarding"
Off-board fare collection is a transit payment system where riders pay before they step onto a vehicle—at kiosks, validators, apps or station gates—so boarding is faster and vehicles spend less time waiting. Like prepaying for a movie before entering the theater, it reduces delays and can lower fare evasion, which affects service efficiency, ridership experience and the transit operator’s revenue and cost profile—key factors for investors evaluating returns and risks.
dedicating bus lanestechnical
"by dedicating bus lanes outside regular traffic"
Dedicating bus lanes means setting aside one or more roadway lanes exclusively for buses so they can travel faster and more reliably than mixed traffic, like an express checkout lane reserved for customers with few items. For investors, this matters because such changes can shift commuting patterns, boost public transit use, alter demand for nearby real estate and retail, affect revenues for transit operators, and change municipal transportation spending and regulatory risk — all of which can influence company earnings and local economic activity.
transit-friendly traffic signalstechnical
"using transit-friendly traffic signals"
Traffic lights programmed to give buses, trams, or other public transit vehicles extra time or early green lights so they run closer to schedule and spend less time idling at intersections. Think of them as a “green wave” for transit vehicles that reduces delays, makes service more reliable, and can lower operating costs. Investors care because improved transit reliability can raise ridership, reduce fleet expenses, and boost demand for related technology, infrastructure, and nearby real estate.
CHANTILLY, Va., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been selected by VIA Metropolitan Transit Authority (VIA) to complete the final design of the Advanced Rapid Transit (ART) program for the VIA Rapid Silver Line in San Antonio.
“Parsons has supported VIA for more than 25 years, and we’re proud to continue with a new phase of the ART program,” said Sean Tenney, vice president and Texas regional manager for Parsons. “The ART program is a modern public transportation solution that is helping better connect the San Antonio region, driving economic growth as the population continues to expand. This program extends our work with VIA, underscoring Parsons’ commitment to delivering high-quality transit.”
The 7.3-mile VIA Rapid Silver Line, with an estimated project cost of $322 million, will include 18 new or modified stations, providing more frequent and reliable service that connects employment and residential centers along the east and west sides of the city. The project will also improve connectivity to the larger VIA system. The ART system will provide fast, frequent, and reliable public transit by dedicating bus lanes outside regular traffic, using transit-friendly traffic signals, and offering off-board fare collection for faster boarding.
Parsons is also currently supporting VIA in delivering the final design of the ART program’s Green Line, which will connect the San Antonio International Airport through Downtown and south to the historic Missions area. The Green Line and Silver Line corridors will intersect in downtown San Antonio. Our rail and transit experts have been connecting communities across Texas for more than 50 years and have delivered numerous rapid transit projects nationwide, with a proven track record of quality, innovation, and operational excellence.
About Parsons Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.
