Parsons (PSN) that the company was awarded a contract for Phase 2 of the Diriyah project by Diriyah Company, a Public Investment Fund-owned company in the first half of 2025. This $56M, 5-year contract represents new work for Parsons. Under the contract, Parsons will support the design and delivery of a series of iconic and neighborhood parks, open spaces and over 55km of streetscape. Parsons’ scope also includes the design and construction supervision of Diriyah Phase 2: Public Realm consisting of streets, footpaths, accessible open spaces and civic buildings and facilities, helping create an environment that people want to live and work in.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
 
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSN:
- Parsons awarded seat on $10B U.S. Navy contract
 - Parsons price target raised to $93 from $87 at KeyBanc
 - Jefferies aerospace & defense analyst holds analyst/industry conference call
 - Parsons acquires Applied Sciences Consulting
 - Parsons JV awarded 4.5-year contract extension to continue Hudson Tunnel Project
 
