Parsons wins $665M Army contract for support services
Investing.com - Parsons Government Services Inc. was awarded a $664.8 million contract by the U.S. Department of War for technical, logistics, and program management support, the agency announced Monday.
The multi-year, indefinite-delivery/indefinite-quantity, time-and-materials contract runs through an estimated completion date of July 11, 2031. Work locations and funding will be determined with each order.
Army Contracting Command at Redstone Arsenal, Alabama, is the contracting activity under contract number W31P4Q-26-F-0154. The contract was awarded to Parsons Government Services Inc., based in Centreville, Virginia.
Seventeen bids were solicited for the contract. Four bids were received.
The contract structure allows the Army to order services as needed over the contract period without specifying exact quantities or delivery schedules upfront.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Oracle (ORCL) call put ratio 2.3 calls to 1 put with a focus on October calls into quarter results
- Qualcomm (QCOM) call put ratio 4.8 calls to 1 put with a focus on September 11 weekly calls as share price up 4%
- The Built Environment Has a Nature Problem
Create E-mail Alert Related Categories
InvestingRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share