Parsons Secures Major Contracts for King Salman International Airport Development

Reuters

05-14

Parsons Secures Major Contracts for King Salman International Airport Development

Parsons Corporation has announced that it has been awarded two Delivery Partner contracts by the King Salman International Airport Development Company, as revealed at the Saudi-US Investment Forum in Riyadh. These contracts, spanning an initial four years, mark a significant expansion of Parsons' work in Saudi Arabia. The first contract involves airfield assets such as runways and air traffic control towers, while the second covers landside infrastructure including roads and rail networks. Parsons will oversee all phases of project management, from early development to handover. This collaboration aims to transform King Salman International Airport into a leading global logistics hub.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parsons Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9450714-en) on May 13, 2025, and is solely responsible for the information contained therein.

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These contracts, spanning an initial four years, mark a significant expansion of Parsons' work in Saudi Arabia. The first contract involves airfield assets such as runways and air traffic control towers, while the second covers landside infrastructure including roads and rail networks. Parsons will oversee all phases of project management, from early development to handover. This collaboration aims to transform King Salman International Airport into a leading global logistics hub.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parsons Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. 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