Parsons JV Wins $1B High-Speed Rail Project; Todd Wager Comments

Parsons2A Parsons Corp. joint venture has won a contract which could be worth more than $1 billion to carry out the first leg of a high-speed rail system project in the state of California.

The California High-Speed Rail Authority awarded Tutor Perini, Zachry and Parsons a design-build package for a rail line that would stretch 29 miles from Madera to Fresno, Parsons said Thursday.

“We are delighted to confirm signature of this contract and we look forward to proceeding with full execution of this significant rail and infrastructure project,” said Todd Wager, Parsons group president.

State officials aim for the project to boost economic development, preserve agricultural lands and keep the environment clean, according to the company.

email
Filed in: Industry News, News Tags: , , , , , ,

You might like:

Todd Wager: Parsons Prime in Canada Transportation Mgmt System Upgrade Todd Wager: Parsons Prime in Canada Transportation Mgmt System Upgrade
Cisco, Asystec Form Big Data JV; Adam Grennan Comments Cisco, Asystec Form Big Data JV; Adam Grennan Comments
Robert Thomas: IAI to Expand Ohio Hub as Firm Inks Lease Extension Deal Robert Thomas: IAI to Expand Ohio Hub as Firm Inks Lease Extension Deal
Lockheed Wins Awards for Exoskeleton Design; Trish Aelker Comments Lockheed Wins Awards for Exoskeleton Design; Trish Aelker Comments
© 2015 ExecutiveBiz. All rights reserved.