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StocksMedium•5 May 2026•

1 min read

Parsons Selected for $2B U.S. Army Energy Resilience Contract

Key Facts

1Parsons Corporation announced it was awarded a position on a $2 billion multiple award task order contract by the U.S. Army Corps of Engineers.

2The contract includes a three-year base performance period and seven one-year option periods to support infrastructure modernization projects.

Parsons Corporation has secured a position on a $2 billion multiple-award task order contract granted by the U.S. Army Corps of Engineers. The contract is centered on the Energy Resilience and Conservation Investment Program (ERCIP), aimed at modernizing infrastructure across military installations. The agreement features a three-year base performance period supplemented by seven one-year option periods. Parsons will leverage its expertise to enhance energy security and conservation efforts for the Department of Defense. This selection underscores the company's strong standing in the federal contracting space and provides a significant long-term revenue pipeline. The initiative reflects a broader military commitment to sustainable and resilient energy systems.