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.

Share this story...Tweet about this on Twitter1Share on LinkedIn0Share on Facebook0Share on Google+0Email this to someone
Filed in: Industry News, News Tags: , , , , , ,

You might like:

Chris Alexander on Parsons’ Cyber Market Push and Info Sharing’s Place in Network Security Chris Alexander on Parsons’ Cyber Market Push and Info Sharing’s Place in Network Security
SAIC to Support Toyota Information Systems End Users in North America SAIC to Support Toyota Information Systems End Users in North America
Mary Ann Hopkins: Parsons Hosts NSA’s Cyber Defense Training Exercise Mary Ann Hopkins: Parsons Hosts NSA’s Cyber Defense Training Exercise
Randy Morgan on Parsons’ Secure Mission Solutions Buy and Cyber Focus Randy Morgan on Parsons’ Secure Mission Solutions Buy and Cyber Focus
© 2015 ExecutiveBiz. All rights reserved.