Hello, Guest!
  • Sunday, December 22, 2024
Parsons/parsons.com

Parsons to Support State Department’s Humanitarian Mission Under $750M Contract; Jon Moretta Quoted

Xator, a subsidiary of Parsons (NYSE: PSN), will provide logistics support services to the U.S. government’s humanitarian assistance mission under a $750 million contract from the State Department.

The three-year, single-award contract includes medical, transportation and identity-related work for aid delivery operations, Parsons said Wednesday.

“We are ready to support the agency’s humanitarian efforts to save lives and alleviate suffering by ensuring that vulnerable and crisis-affected individuals receive assistance and protection,” said Jon Moretta, president of the engineered systems business at Parsons.

The award has a one-year base value of $250 million and will reach its potential value if the department exercises the two option periods worth $500 million combined.

Parsons supports the department in delivering integrated security systems to more than 280 diplomatic missions across the globe.

Video of the Day

Related Articles

Parsons, SeaTech Global Awarded Positions on $1B NNSA Counter Nuclear Smuggling System Deployment Contract Contract Awards

Parsons, SeaTech Global Awarded Positions on $1B NNSA Counter Nuclear Smuggling System Deployment Contract

The Department of Energy’s National Nuclear Security Administration has awarded Parsons (NYSE: PSN) and SeaTech Global Security Solutions positions on a potential seven-year, $1 billion contract to support the deployment of counter nuclear smuggling systems. The vendors will perform design, construction, integration, communications, logistics, training and equipment procurement, among other tasks, to help field counter

Olivia Fines Appointed Constellis’ Chief Legal & Compliance Officer; Terry Ryan Quoted Executive Moves

Olivia Fines Appointed Constellis’ Chief Legal & Compliance Officer; Terry Ryan Quoted

Olivia Fines, former Parsons senior vice president, was named chief legal and compliance officer and corporate secretary at Constellis. In a statement published Tuesday, Terry Ryan, CEO of Constellis, welcomed Fines on behalf of the board and executive team. “Her extensive experience in federal procurement processes, technology deployment, risk management, global workforce management, corporate governance

GovCon Index Marks 6th Straight Winning Week Financial Reports

GovCon Index Marks 6th Straight Winning Week

Executive Mosaic’s GovCon Index endured the roller coaster ride during the holiday-shortened week. Besides closing 0.64% higher on Feb. 23, 2024, the index that tracks the performance of 30 notable government contractors marked six straight winning weeks. At $4,839.92, the week-to-week gain is 1.1%. Like the GCI, Wall Street’s major indexes advanced more than 1%