Parsons (PSN) said late Tuesday it was awarded two delivery partner contracts by the King Salman International Airport Development for the initial four years of the Riyadh-based airport's development.
Financial terms were not disclosed.
The first contract focuses on airfield assets while the second contract is for landside infrastructure packages, according to a statement.
Under the agreements, Parsons will provide project management services across all phases, including design, permits, procurement, construction, commissioning, and handover, the company said.
Shares of Parsons were up 2.6% in after-hours trading.
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