Parsons Secures $169.5 Million Contract for U.S. Army Ammonium Nitrate Tank Farm Project

Reuters

06-16

Parsons Secures $169.5 Million Contract for U.S. Army Ammonium Nitrate Tank Farm Project

Parsons Corporation has been awarded a $169.5 million contract by the United States Army Corps of Engineers Norfolk District to deliver design-build services for a new Ammonium Nitrate Solution (ANSol) Tank Farm at Holston Army Ammunition Plant. This four-year contract marks new work for Parsons and will aid in increasing storage capacity for ANSol, a byproduct of explosives manufacturing. The new tank farm will replace existing storage tanks to support expanded manufacturing at the Government Owned Contractor Operated facility. This award aligns with the U.S. Army's ongoing efforts to modernize its organic industrial base, representing Parsons' third contract with the USACE Norfolk District in recent years.

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: GNW9468617-en) on June 16, 2025, and is solely responsible for the information contained therein.

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This four-year contract marks new work for Parsons and will aid in increasing storage capacity for ANSol, a byproduct of explosives manufacturing. The new tank farm will replace existing storage tanks to support expanded manufacturing at the Government Owned Contractor Operated facility. This award aligns with the U.S. Army's ongoing efforts to modernize its organic industrial base, representing Parsons' third contract with the USACE Norfolk District in recent years.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: GNW9468617-en) on June 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250616:nNDL1XDkgV:1","article_id":"2543676192","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543676192","pubTimestamp":1750069513,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Parsons Corporation has been awarded a $169.5 million contract by the United States Army Corps of Engineers Norfolk District to deliver design-build services for a new Ammonium Nitrate Solution  Tank Farm at Holston Army Ammunition Plant. 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