PAE-Parsons Wins Seat on $82 Billion LOGCAP V

CENTREVILLE, VA (May 21, 2019) – Parsons Corporation (NYSE: PSN) is pleased to announce that the U.S. Army Contracting Command-Rock Island has awarded PAE-Parsons (P2GLS) a position on the Logistics Civil Augmentation Program. LOGCAP V is an $82 billion multi-award, indefinite delivery, indefinite quantity contract to provide logistics support to the Army in six different global regions.

“We are excited and proud to be one of the four contract recipients,” said PAE CEO John Heller. “This award recognizes PAE’s proven capability to provide logistics support to the U.S. government around the world, and I’m confident we’ll honor that responsibility by delivering exceptional performance.”

As global leaders in security, defense and infrastructure services PAE and Parsons formed the joint-venture P2GLS in 2017.

“We look forward to providing end-to-end logistics solutions in support of the Warfighter on this critically important Army program,” said Parsons’ Executive Vice President of Federal Solutions Wendy Van Wickle.

For more information, visit pae.com and parsons.com.

About Parsons
Parsons (NYSE: PSN) is a leading provider of technology-driven solutions focused on the defense, intelligence, and critical infrastructure markets. Celebrating 75 years of operations, Parsons provides technical design and engineering services and software to address our customers’ challenges. Parsons has differentiated capabilities in cybersecurity, intelligence, defense, military training, connected communities, physical infrastructure, and mobility solutions. Parsons’ combination of talented professionals and advanced technology enables a safer, smarter, and more interconnected world. For more about Parsons, visit parsons.com, and follow us on Facebook, Twitter, LinkedIn, and YouTube.

About PAE
For more than 60 years, PAE has tackled the world’s toughest challenges to deliver agile and steadfast solutions to the U.S. government and its allies. With more than 20,000 employees on all seven continents and in more than 70 countries, PAE delivers a broad range of operational support services to meet the critical needs of our clients. Our headquarters is in Falls Church, Virginia. Find us online at pae.com, on Facebook, Twitter and LinkedIn.

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