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: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.