Parsons Wins Seat on $1.5 Billion Air Force Civil Engineering Center Environmental Services Contract Addressing PFAS
Parsons (NYSE: PSN) has secured a position on a $1.5 billion multiple-award contract from the Air Force Civil Engineering Center (AFCEC) for environmental services. The contract includes a five-year base period with five one-year options and an additional six-month extension possibility.
The scope encompasses environmental issues, particularly per- and polyfluoroalkyl substances (PFAS) contamination, at U.S. Air Force installations worldwide. Services include environmental restoration, compliance, conservation, planning, and emerging contaminants management.
This award builds on Parsons' 50+ years of environmental engineering experience with the Department of Defense. The company recently strengthened its environmental capabilities through the February 2025 acquisition of TRS Group, Inc., and in October 2024, won a contract to manage PFAS groundwater treatment at Burlington Air National Guard Base, Vermont.
Parsons (NYSE: PSN) ha ottenuto un contratto multiplo del valore di 1,5 miliardi di dollari dal Centro di Ingegneria Civile dell'Air Force (AFCEC) per servizi ambientali. Il contratto prevede un periodo base di cinque anni con cinque opzioni annuali e una possibilità di estensione di sei mesi.
Il campo di applicazione comprende questioni ambientali, in particolare la contaminazione da sostanze per- e polifluoroalchiliche (PFAS), presso le installazioni dell'Air Force degli Stati Uniti in tutto il mondo. I servizi includono il ripristino ambientale, la conformità, la conservazione, la pianificazione e la gestione dei contaminanti emergenti.
Questo riconoscimento si basa sui 50+ anni di esperienza di ingegneria ambientale di Parsons con il Dipartimento della Difesa. Recentemente, l'azienda ha rafforzato le proprie capacità ambientali attraverso l'acquisizione del TRS Group, Inc. nel febbraio 2025, e nell'ottobre 2024 ha vinto un contratto per gestire il trattamento delle acque sotterranee contaminate da PFAS presso la base della Guardia Nazionale Aerea di Burlington, Vermont.
Parsons (NYSE: PSN) ha conseguido un contrato múltiple de 1.5 mil millones de dólares del Centro de Ingeniería Civil de la Fuerza Aérea (AFCEC) para servicios ambientales. El contrato incluye un período base de cinco años con cinco opciones de un año y una posibilidad de extensión de seis meses.
El alcance abarca cuestiones ambientales, particularmente la contaminación por sustancias per- y polifluoroalquiladas (PFAS), en las instalaciones de la Fuerza Aérea de EE. UU. en todo el mundo. Los servicios incluyen restauración ambiental, cumplimiento, conservación, planificación y gestión de contaminantes emergentes.
Este premio se basa en más de 50 años de experiencia en ingeniería ambiental de Parsons con el Departamento de Defensa. Recientemente, la empresa fortaleció sus capacidades ambientales a través de la adquisición de TRS Group, Inc. en febrero de 2025, y en octubre de 2024, ganó un contrato para gestionar el tratamiento de aguas subterráneas contaminadas por PFAS en la base de la Guardia Nacional Aérea de Burlington, Vermont.
Parsons (NYSE: PSN)는 공군 민간 공학 센터(AFCEC)로부터 환경 서비스에 대한 15억 달러 규모의 다수 계약을 체결했습니다. 이 계약은 5년의 기본 기간과 5개의 1년 옵션, 그리고 추가 6개월 연장 가능성을 포함합니다.
범위는 미국 공군 기지 전 세계에서의 퍼 및 폴리플루오로알킬 물질(PFAS) 오염을 포함한 환경 문제를 포괄합니다. 서비스에는 환경 복원, 준수, 보존, 계획 및 신흥 오염물질 관리가 포함됩니다.
이번 수상은 국방부와의 50년 이상의 환경 공학 경험을 바탕으로 합니다. 이 회사는 최근 2025년 2월 TRS Group, Inc.를 인수하여 환경 능력을 강화했으며, 2024년 10월에는 버몬트의 벌링턴 공군 국가경비대 기지에서 PFAS 지하수 처리 관리 계약을 체결했습니다.
Parsons (NYSE: PSN) a obtenu un contrat multiple d'une valeur de 1,5 milliard de dollars du Centre d'ingénierie civile de l'Air Force (AFCEC) pour des services environnementaux. Le contrat comprend une période de base de cinq ans avec cinq options d'un an et une possibilité d'extension de six mois.
Le champ d'application couvre les questions environnementales, en particulier la contamination par les sousstances per- et polyfluoroalkyles (PFAS), dans les installations de l'Air Force américaine à travers le monde. Les services incluent la restauration environnementale, la conformité, la conservation, la planification et la gestion des contaminants émergents.
Cette distinction s'appuie sur plus de 50 ans d'expérience en ingénierie environnementale de Parsons avec le Département de la Défense. Récemment, l'entreprise a renforcé ses capacités environnementales grâce à l'acquisition de TRS Group, Inc. en février 2025, et en
Parsons (NYSE: PSN) hat einen Platz in einem 1,5 Milliarden Dollar umfassenden Mehrfachauftrag des Civil Engineering Center der Air Force (AFCEC) für Umweltleistungen gesichert. Der Vertrag umfasst einen fünfjährigen Basiszeitraum mit fünf einjährigen Optionen und einer zusätzlichen Möglichkeit zur Verlängerung um sechs Monate.
Der Umfang umfasst Umweltfragen, insbesondere die Kontamination durch per- und polyfluorierte Alkylsubstanzen (PFAS), an US-Air-Force-Standorten weltweit. Zu den Dienstleistungen gehören Umweltrestaurierung, Einhaltung, Naturschutz, Planung und Management von aufkommenden Schadstoffen.
Diese Auszeichnung baut auf über 50 Jahren Erfahrung in der Umwelttechnik von Parsons im Verteidigungsministerium auf. Das Unternehmen hat kürzlich seine Umweltkompetenzen durch die Übernahme von TRS Group, Inc. im Februar 2025 gestärkt und im Oktober 2024 einen Vertrag zur Verwaltung der PFAS-Grundwasserbehandlung an der Burlington Air National Guard Base in Vermont gewonnen.
- Secured position on $1.5 billion AFCEC contract
- Long-term revenue potential with 5-year base period plus 5 one-year options
- Strategic acquisition of TRS Group enhances environmental capabilities
- Demonstrates strong positioning in growing PFAS remediation market
- Contract success depends on winning individual task orders
- Multiple award contract structure means competition for task orders
Insights
Parsons securing a seat on this
What's particularly notable is that this win reinforces Parsons' positioning within high-priority federal environmental programs. PFAS remediation has emerged as a major focus area for defense spending, with substantial allocations in recent defense budgets. The contract's scope spanning Air Force installations worldwide, plus additional federal agencies (Defense Logistics Agency and NASA), creates multiple pathways for task order pursuits.
However, investors should understand the IDIQ dynamics at play - Parsons holds a seat among multiple awardees who will compete for individual task orders. The
The company's track record provides encouraging signals - their October 2024 National Guard Bureau selection for PFAS remediation in Vermont demonstrates recent competitive success in this exact domain. The February 2025 acquisition of TRS Group appears well-timed, enhancing Parsons' technical capabilities precisely when these federal opportunities are expanding.
This contract win positions Parsons at the forefront of one of environmental remediation's most significant growth segments. PFAS contamination represents a multi-decade remediation challenge that's only beginning to receive substantial federal funding. These "forever chemicals" have contaminated numerous military installations, with cleanup costs potentially reaching tens of billions across DoD facilities alone.
Parsons' strategic acquisition of TRS Group in February 2025 now appears particularly prescient. TRS specializes in innovative remediation technologies that could provide competitive advantages during task order competitions. The timing suggests Parsons anticipated this contract opportunity and positioned itself accordingly.
The company's 50+ years of environmental engineering experience combined with recent investments indicates a coherent growth strategy focused on capturing market share in federally-funded environmental programs. Their October 2024 National Guard Bureau project in Vermont serves as a valuable reference case for future PFAS-related task orders.
While contract values for environmental remediation work can fluctuate based on site conditions and contamination complexity, the
CHANTILLY, Va., April 14, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on a
Under this contract, Parsons will compete for task orders based on qualifications to address environmental issues, including restoration and compliance; conservation and planning and programming; emerging issues and contaminants; and quality and other areas of essential support, at United States Air Force installations worldwide and for other federal clients such as the Defense Logistics Agency and NASA.
“Parsons remains committed to providing the federal government with state-of-the-art, cost-effective solutions for a cleaner, safer environment,” said Jon Moretta, President, Engineered Systems for Parsons. “As a leader in environmental remediation solutions, we will leverage our experience, capabilities, and innovative technologies to combat challenges, such as PFAS, and support AFCEC in providing responsive and flexible full-spectrum installation engineering services.”
Parsons has more than 50 years of experience delivering environmental engineering services in support of the Department of Defense, including investigation and remediation of PFAS. In October 2024, the company announced it was selected by the National Guard Bureau to manage the operation and maintenance of a PFAS groundwater treatment system at Burlington Air National Guard Base, Vermont. Parsons’ industry-leading solutions were significantly enhanced with the acquisition of TRS Group, Inc., an environmental remediation technology provider, in February 2025.
To learn more about Parsons’ PFAS experience, visit Parsons.com/pfas/.
About Parsons:
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.
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Media Contact:
Jonathan Larry
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jonathan.larry@parsons.com
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FAQ
What is the value and duration of Parsons' (PSN) new AFCEC environmental contract?
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