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Parsons Awarded Position On $15 Billion Pacific Deterrence Initiative Infrastructure Contract
Globenewswireยท 2025-11-11 21:30
Core Insights - Parsons Corporation has been awarded a position on the $15 billion Pacific Deterrence Initiative Multiple Award Construction Contract (PDI MACC) by the Naval Facilities Engineering Systems Command (NAVFAC) [1][2] - The contract includes a 5-year base period with three one-year option periods and aims to enhance deterrence capabilities and regional security in the Indo-Pacific region [1][3] - Parsons will compete for task orders to provide design and engineering services for projects exceeding $100 million, including various critical infrastructure developments [2][3] Company Performance - Parsons has been recognized as the number one Program Management Firm by Engineering News-Record and has secured over $400 million in INDOPACOM-related contracts since 2019 [4] - The company leverages its expertise in program and construction management, engineering, and national security solutions to deliver integrated solutions across the national security and critical infrastructure sectors [4][5] Strategic Importance - The PDI MACC will facilitate faster execution of critical infrastructure projects in strategic locations such as Australia and the Philippines, enhancing regional resilience and support for U.S. forces [3][4] - The contract underscores Parsons' integrated portfolio and its capability to provide comprehensive solutions in national security and critical infrastructure protection [5]