Parsons announced an award on the Repairs, Operations, Maintenance, and Engineering, or ROME, contract team by the National Aeronautics and Space Administration, or NASA, to which it is a major subcontractor. Arctic Slope Regional Corporation, or ASRC, Federal Facilities Logistics, will provide services at multiple NASA facilities through this indefinite-delivery, indefinite-quantity, or IDIQ, contract with a maximum ordering value of $320M over five years. Parsons will provide facilities construction management and engineering and technical services in support of ASRC’s IDIQ contract with NASA with an estimated value of up to $130M. ASRC Federal Facilities Logistics will provide operations and maintenance, architect engineering, construction, and facilities information resources services under the contract. As a subcontractor, Parsons will continue to provide elements of the Facilities, Construction, Engineering, and Technical Services III contract, which the company was awarded in 2017 for engineering, infrastructure, information technology, and program management services at Goddard. New work for Parsons includes a similar scope at Wallops. Parsons’ partnership with NASA began in 1995 and has continued through three FaCETS contracts and now the ROME contract.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PSN: