The company is ready to “Build Back Smarter”
CENTREVILLE, VA (Nov. 30, 2021) – Parsons Corporation (NYSE: PSN) applauds the signing of the Bipartisan Infrastructure Deal (Infrastructure Investment and Jobs Act), citing its importance to the future of infrastructure and economic growth in the United States. In 2021, the American Society of Civil Engineers gave the state of U.S. infrastructure a “C- “grade – a small improvement from its previous “D” score – something the Infrastructure Bill hopes to address.
Infrastructure is essential to the safe and efficient movement of people and goods across the country; the storage, transmission, treatment and distribution of water; the collection, treatment and discharge or reuse of wastewater; the generation, transmission and distribution of electrical power; healthcare; combating future climate change; prioritizing environmental sustainability; and other critical areas that society relies on.
“The passage of the bipartisan Infrastructure Bill represents an important investment in our nation’s future,” said Carey Smith, president and chief executive officer of Parsons. “With investments in transportation, power, broadband, and water infrastructure, along with safety, resiliency and cyber initiatives, the new national infrastructure strategy will not only address immediate emergency needs but help improve our national economy. As an industry, we have advanced in digital technologies and smart infrastructure, so this bill is our chance as a nation to not only Build Back Better but Build Back Smarter.”
“We look forward to unleashing Parsons’ more than 77 years of broad expertise across the full infrastructure domain and our resilient infrastructure capabilities to help rebuild and secure our nation.”
Build Back Smarter means designing roads and bridges with centuries long lifespans. It means designing and building our communities with environmental sustainability top-of-mind and installing smart systems into our traffic lights and intersections that reduce vehicle idle time and improve pedestrian safety. It also means partnering with local communities to promote economic development and increase their standard of living. And leveraging full-spectrum cyber capabilities that advance our nation’s critical infrastructure cyber protection, which represents an incredible threat to our national security and health.
In alignment with the Bill’s sustainability focus, Parsons is focused on delivering a cleaner and safer planet for our customers and for future generations through operational capabilities that remediate communities; clean up contaminated soil, sediment water, and air; and lower carbon emissions with improved transportation and infrastructure – areas that the company has pioneered throughout its history.
Parsons’ experience is well aligned with the Infrastructure Bill’s key markets of:
To learn more about Parsons’ capabilities to Build Back Smarter, please visit: www.Parsons.com/Build-Back-Smarter
Parsons (NYSE: PSN) is a leading disruptive technology provider in the global security, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com, and follow us on LinkedIn and Facebook to learn how we’re making an impact.
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