The Missile Defense Agency (MDA) has selected Parsons Corporation (NYSE:PSN) to continue engineering advisory and assistance support for planning, design, and construction through a $104 million ceiling-value cost plus fixed fee (CPFF) Technical, Engineering, Advisory, and Management Support (TEAMS)- Next Facilities Lifecycle Management contract. The contract contains a three-year base period with two option period years, and one six-month option.
Under this contract, Parsons will provide advisory and assistance support to MDA’s mission of building sustainable infrastructure systems, updating aging or damaged military facilities, and managing leases under the MDA Real Property Program at U.S. military installations in Virginia, Alaska, Alabama, and California.
