Parsons Corporation (NYSE: PSN) received a position on a $2 billion multiple award task order contract from the U.S. Army Corps of Engineers to deliver energy resilience and infrastructure modernization projects at military installations nationwide.

The contract supports the Department of War's Energy Resilience and Conservation Investment Program and includes a three-year base performance period with seven one-year option periods. Under the agreement, Parsons will compete for task orders to provide design-build services for projects aimed at improving installation energy resilience, reliability, and security.

The program focuses on reducing energy and water consumption, lowering lifecycle costs, and ensuring continued operations during commercial grid disruptions. ERCIP is part of the Defense-wide Military Construction Program.

"Energy resilience is not just an infrastructure priority; it is a mission imperative," said Martin Boson, president of Engineered Systems for Parsons. "Parsons brings together deep energy expertise, secure microgrid technologies, and top-ranked program execution experience to help the DoW strengthen mission assurance under any operating condition."

The contract award expands Parsons' energy resilience portfolio. In April, the company was selected by the Los Angeles Department of Water & Power to provide demand response technology and services for distributed energy resource optimization. In December 2024, Parsons received a $20 million microgrid contract from the U.S. Army Corps of Engineers Louisville District for the LTC Hernan G. Pesquera Army Reserve Center in Puerto Rico.

The information is based on a company press release.