Parsons wins 60-month Saudi Arabia infrastructure contract
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New Murabba Development Company Awards Parsons Design and Construction Management Contract in Saudi Arabia
January 13, 2026 6:00 AM ESTCHANTILLY, Va., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract by the Public Investment Fund (PIF)-owned, New Murabba Development Company to provide design and construction technical support. This 60-month contract represents new work for Parsons.
Under the contract, as the Infrastructure Lead Design Consultant (ILDC), Parsons will provide design and engineering services for infrastructure, public buildings, landscape, and the public realm of the New Murabba development. Parsons will support the New Murabba with creating the developments downtown experience, comprised of 14 million square meters... More
