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Parsons Wins $2.2B MDA Engineering, Technical Support Contract

Parsons (NYSE: PSN) has won a potential $2.24 billion contract from the Missile Defense Agency for engineering and technical support services.

MDA received two offers for the cost-plus-fixed-fee contract through a competitive procurement process and will obligate $36.4 million in research, development, test and evaluation funds for fiscal year 2021, the Department of Defense said Wednesday.

Parsons’ government services business will also provide analysis, studies and evaluation, management support and professional services for MDA.

Work will occur in Huntsville, Alabama; Fort Belvoir, Virginia; Colorado Springs, Colorado; Fort Greely, Alaska; Moorestown, New Jersey; Hanscom Air Force Base, Massachusetts; Orlando, Florida; Phoenix; and Salt Lake City. The performance period will kick off this July and run through January 2029.

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