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Parsons Awarded $169.5 Million US Army Contract for Tank Farm Project
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Parsons Awarded $169.5 Million US Army Contract for Tank Farm Project
Jun 16, 2025 7:46 AM

10:18 AM EDT, 06/16/2025 (MT Newswires) -- Parsons (PSN) said Monday it received a $169.5 million contract from the US Army Corps of Engineers Norfolk District to design and build delivery services for a new Ammonium Nitrate Solution Tank Farm at the Holston Army Ammunition Plant.

The four-year contract is new work for Parsons and will support expanded explosives manufacturing at the government-owned, contractor-operated facility.

The project includes integrated delivery services to replace existing storage tanks, allowing for increased ANSol storage capacity, the company said.

Price: 69.77, Change: +0.03, Percent Change: +0.04

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