Parsons Awarded $21M NNSA Task Order for LANL

Terry Bingman
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Parsons Corporation Awarded $21M Task Order for Services at Los Alamos National Laboratory

Parsons Corporation, a technology provider in the defense and infrastructure sectors, has announced that it has been awarded a $21 million task order by the National Nuclear Security Administration (NNSA) Office of Infrastructure. The task order falls under the larger $160 million ceiling-value Enterprise Construction Management Services (ECMS) contract.

Parsons to Provide Project Management and Construction Expertise for $4B of Capital Projects

Under the three-year task order, Parsons will provide project management, project control, and construction subject matter expertise for over $4 billion of capital projects at Los Alamos National Laboratory (LANL). The company’s role includes monitoring design and construction efforts, as well as advising the federal government on environmental, safety, health, and quality aspects of these projects.

Jon Moretta, president of Engineered Systems at Parsons, stated that the company is set to continue leveraging its expertise to support the NNSA’s infrastructure objectives.

Parsons Continues to Support NNSA’s Infrastructure Objectives with ECMS Contract

Parsons has been serving the NNSA since 2012, initially awarded the ECMS contract, and has supported the LANL Project Management Office since 2014. In June 2022, Parsons received its third consecutive ECMS contract for ongoing support at LANL.

Parsons’ History of Providing Infrastructure Solutions to the Department of Energy

Parsons has a history of over 70 years providing infrastructure and environmental solutions to the Department of Energy. This extensive experience positions the company as a trusted partner in delivering high-quality services in the defense and infrastructure sectors.

Parsons Stresses its Leading Position in Disruptive Technology Solutions

Parsons emphasizes its position as a leading provider of disruptive technology solutions across various domains. With expertise in cyber and intelligence, space and missile defense, and critical infrastructure protection, the company is well-equipped to meet the evolving needs of its clients. The $21 million task order for services at Los Alamos National Laboratory further showcases Parsons’ capabilities in providing innovative solutions for complex projects.

In conclusion, Parsons Corporation’s recent $21 million task order for services at Los Alamos National Laboratory solidifies its position as a trusted technology provider in the defense and infrastructure sectors. With its extensive experience and expertise, Parsons will continue to support the NNSA’s infrastructure objectives and contribute to the successful completion of capital projects at LANL.

Analyst comment

Positive news. As a trusted technology provider, Parsons Corporation’s $21 million task order for services at Los Alamos National Laboratory solidifies its position in the defense and infrastructure sectors. With its expertise, Parsons will support the NNSA’s infrastructure objectives and contribute to the successful completion of capital projects at LANL, which could result in market growth for the company.

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Terry Bingman is a financial analyst and writer with over 20 years of experience in the finance industry. A graduate of Harvard Business School, Terry specializes in market analysis, investment strategies, and economic trends. His work has been featured in leading financial publications such as The Financial Times, Bloomberg, and CNBC. Terry’s articles are celebrated for their rigorous research, clear presentation, and actionable insights, providing readers with reliable financial advice. He keeps abreast of the latest developments in finance by regularly attending industry conferences and participating in professional workshops. With a reputation for expertise, authoritativeness, and trustworthiness, Terry Bingman continues to deliver high-quality content that aids individuals and businesses in making informed financial decisions.