Parsons Corporation Secures Position on U.S. Air Force's $15 Billion Comprehensive Construction and Engineering Contract
Parsons Corporation (NYSE: PSN) announced on December 18, 2025, that it has secured a position on the U.S. Air Force Comprehensive Construction & Engineering Multiple Award Task Order Contract (MATOC), a major defense vehicle with a total ceiling value of $15 billion. The award, announced from the company’s headquarters in Chantilly, Virginia, marks a significant win for the global defense and technology firm, ensuring its eligibility to compete for substantial task orders over the life of the contract.
Strategic Access to $15 Billion Defense Pipeline
The Comprehensive Construction & Engineering MATOC is designed to provide the U.S. Air Force (USAF) with rapid access to a broad spectrum of construction, engineering, and related services necessary for maintaining and upgrading military installations both domestically and internationally. By winning a seat on this highly competitive contract, Parsons is now one of the select group of contractors that can bid on specific task orders issued under the $15 billion ceiling.
Multiple Award Task Order Contracts (MATOCs) are crucial instruments in defense procurement, offering the government flexibility and efficiency in executing complex, multi-year projects. For contractors like Parsons, securing a position on such a large MATOC provides a predictable, long-term pipeline of potential revenue opportunities, stabilizing future earnings visibility within the defense sector.
Parsons Strengthens Defense and Infrastructure Footprint
Parsons Corporation specializes in providing advanced solutions across the defense, intelligence, and critical infrastructure markets. The company’s inclusion in this USAF MATOC aligns directly with its core strategy of expanding its engineering and construction services within the federal government space. The contract scope covers comprehensive construction and engineering needs, tasks that leverage Parsons’ expertise in designing, building, and managing complex, high-security facilities.
The ability to compete for task orders under this contract will allow Parsons to support the USAF's global mission requirements, which often involve complex logistics and specialized engineering challenges. While the $15 billion figure represents the total potential value available to all awardees, Parsons’ inclusion ensures it is strategically positioned to capture a meaningful share of this substantial defense spending over the coming years.
The award of a seat on the U.S. Air Force Comprehensive Construction & Engineering MATOC positions Parsons to compete for critical projects globally, reinforcing the company's role as a key partner in supporting national security infrastructure.
The announcement underscores the continued robust demand for private sector support in maintaining and modernizing U.S. military infrastructure, a trend that benefits established defense contractors like PSN.
