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Parsons Selected As Delivery Partner For King Salman International Airport
ParsonsParsons(US:PSN) Globenewswireยท2025-05-13 20:05

Core Insights - Parsons Corporation has been awarded two Delivery Partner contracts by the King Salman International Airport Development Company, marking a significant expansion in its operations in Saudi Arabia [2][4] - The contracts cover airfield assets and landside infrastructure, with Parsons responsible for project management across all phases [3][4] - The new airport in Riyadh is set to be one of the largest globally, with a capacity of 120 million passengers by 2030 and 185 million by 2050 [4] Company Overview - Parsons has a long-standing presence in Saudi Arabia, dating back to 1958, and has been involved in various innovative projects since partnering with the Public Investment Fund in 2017 [4][5] - The company has extensive experience in aviation infrastructure, having worked on over 450 airports in 40 countries, including major airports in the Middle East [6] - Parsons aims to leverage cutting-edge technology to enhance operational efficiency and address the evolving needs of the aviation industry [6]