Parsons Corporation (NYSE:PSN) shares are trading higher on Monday after the company won a three-year contract worth $68.5 million from the U.S. Army Corps of Engineers (USACE) Honolulu District.
As per the contract, Parsons will build new army housing units on-island, its second such contract in under a year.
The contract involves the design-bid-build delivery of new U.S. Army housing units in the Kwajalein Atoll, Republic of the Marshall Islands, marking new work for the company.
Parsons was also chosen by the USACE Honolulu ...
