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Defence contracts

Parsons Corporation Awarded $2.24 Billion Contract for Technical Support Services

Strategic Insights

— 1 min read

Parsons Corporation has been a long-time partner of the Missile Defense Agency (MDA), providing critical support services for over 38 years. As the threat landscape continues to evolve, Parsons is committed to advancing the development and deployment of layered missile defense systems that protect national security, deployed forces, and allied forces from missile attacks. Under the newly awarded seven-year contract, Parsons will provide engineering, analysis, and management support for the development of integrated and layered missile defense systems.

Key Takeaways:

  • Parsons Corporation was awarded a seven-year contract valued up to $2,241,762,696 by the Missile Defense Agency (MDA) for Technical, Engineering, Advisory, and Management Support (TEAMS)Next Systems Engineering.
  • The contract has a three-year base with two two-year options, allowing for potential extension of services.
  • Parsons has supported the MDA's mission for over 38 years, demonstrating a long-standing commitment to the agency's goals.
  • Kurt Tripp, Parsons senior vice president of integrated air and missile defense, emphasized the company's focus on supporting the development of innovative, secure, and mission-ready systems.
  • The contract includes support for the development of integrated and layered missile defense systems, including defense against ballistic, hypersonic, and cruise missile threats.
  • Parsons will provide engineering, analysis, and management support for the advancement of the MDA's integrated air and missile defense, command and control, and battle management communication missions.
  • The partnership between Parsons and the MDA aims to ensure the security and empowerment of the nation's warfighter through the development of advanced missile defense systems.

Statistics:

  • Contract value: up to $2,241,762,696
  • Contract duration: seven years
  • Base period: three years
  • Options: two two-year options
  • Total duration (with options): 11-13 years
  • Number of years Parsons has supported the MDA's mission: 38+

Sources:

  • Euclid Infotech Pvt. Ltd. (2021) - distributed by Contify.com.

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