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Cooperative Threat Reduction Integration Contract (CTRIC) IV
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Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency's Efforts to Counter and Mitigate Weapons of Mass Destruction
Globenewswireยท 2025-12-05 11:30
Core Insights - Parsons Corporation has been awarded the Cooperative Threat Reduction Integration Contract (CTRIC) IV by the Defense Threat Reduction Agency (DTRA), highlighting its leadership in global threat reduction and security [1][3] - The contract has a ceiling value of $3.5 billion and includes a five-year base period with one five-year option period [1][2] Contract Details - Under the CTRIC IV contract, Parsons will compete for task orders aimed at reducing threats from weapons of mass destruction (WMD), including chemical, biological, radiological, and nuclear threats [2] - The efforts will involve eliminating, securing, or consolidating WMD and related materials, as well as assisting partner nations in enhancing their operational capabilities to prevent and detect illicit trafficking of WMD-related materials and technology [2] Company Positioning - Parsons has a long-standing partnership with DTRA and is committed to leveraging its national security solutions experience to support initiatives that counter WMD and emerging threats globally [3] - The CTRIC IV contract positions Parsons to continue its critical work with DTRA, further supporting the Cooperative Threat Reduction Directorate in addressing WMD-related threats [3] Company Overview - Parsons is recognized as a leading disruptive technology provider in national security and global infrastructure markets, with capabilities spanning cyber and electronic warfare, space and missile defense, and critical infrastructure protection [5]