Parsons Awarded Position on $2B Military Energy Resilience Program
Parsons Corporation, listed as PSN on NYSE, disclosed on May 05, 2026, that they have secured a spot on a lucrative contract worth $2 billion. The contract, issued by the U.S. Army Corps of Engineers (USACE), is designated for executing energy resilience and infrastructure modernization ventures across military bases throughout the country. Under the Department of War (DoW) Energy Resilience and Conservation Investment Program (ERCIP), this multiple award task order contract (MATOC) spans over a base period of three years along with seven additional one-year options. This development signifies a fresh avenue of business for Parsons Corporation.
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