Parsons Corporation announced on April 24 2026 that it had secured four U.S. contracts that will broaden its presence in clean‑energy, maritime, and infrastructure markets. The announcement consolidates individual contract awards that were announced over the preceding week.
The contracts include demand‑response technology work for the Los Angeles Department of Water & Power (LADWP), announced on April 20 2026; program‑management support for the U.S. Coast Guard’s Force Design 2028 plan, announced on April 15 2026; construction‑management services for New York City’s Newtown Creek CSO Storage Tunnel, announced on April 14 2026; and lead‑design responsibilities for Oklahoma’s $409 million Roosevelt Bridge replacement, announced on April 13 2026.
The $409 million value of the Roosevelt Bridge project is the only disclosed contract value; the other three contracts did not have publicly released dollar amounts at the time of the announcement.
These wins reinforce Parsons’ dual‑segment strategy. The LADWP contract strengthens the company’s clean‑energy and demand‑response capabilities, while the Coast Guard award supports its Federal Solutions business. The Newtown Creek tunnel and Roosevelt Bridge projects add large‑scale civil‑engineering work that can generate recurring revenue and enhance the firm’s Critical Infrastructure portfolio.
Parsons has a strong backlog and has consistently won significant contracts, with 15 contracts over $100 million in 2025. The concentration of these awards over a short period demonstrates sustained demand for the company’s services and supports its ongoing growth trajectory.
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