DealsApr 15, 2026, 06:31 AM
Parsons JV wins $25M USCG contract for program management
AI Summary
Parsons Corporation announced that its joint venture with GSI Americas Inc. was awarded a $25 million contract by the United States Coast Guard. The JV will provide program management services to advance the USCG's Force Design 2028 Execution Plan, which is the largest capital investment in the Coast Guard's history. The contract has a one-year base period and four one-year option periods, supporting a plan backed by $24.5 billion for asset and infrastructure upgrades.
Key Highlights
- Parsons' JV awarded $25 million contract by U.S. Coast Guard.
- Contract for program management services for Force Design 2028.
- Includes a one-year base period and four one-year option periods.
- Supports USCG's $24.5 billion modernization and recapitalization plan.