CENTREVILLE, VA. (January 28, 2022) – Parsons Corporation (NYSE: PSN) today highlighted the major infrastructure improvements outlined in California’s recent budget proposal.
With this budget, California is making a clear statement, positioning itself to be competitive to pursue significant federal investments from the Infrastructure Investment and Jobs Act. Further, the budget makes an historic state investment of over $20 billion in infrastructure-related projects to prepare and protect California communities from climate change. The transportation infrastructure package focuses on increasing mobility options for Californians through rail, transit and active transportation projects, equity-related investments to reconnect communities, and enhanced safety projects.
The budget proposal also includes major investments in transportation systems, resiliency, and a host of other priorities that align with Parsons’ areas of expertise.
“Investing in infrastructure modernization is key as states look to continued future growth and flexibility,” said Mark Fialkowski, president, mobility solutions for Parsons. “Our team, which has deep roots in California, looks forward to applying our nearly 80 years of innovation and experience across the entire infrastructure domain to help California build back smarter with more resilient and sustainable infrastructure solutions.”
Build Back Smarter means constructing roads and bridges with centuries-long lifespans in a way that leverages digital innovations. It means keeping sustainability top of mind when designing and building communities and installing smart systems to reduce traffic at intersections and improve pedestrian safety. It also means partnering with local communities to promote economic development and increase the overall standard of living.
Parsons’ experience and vision is well aligned with the priorities outlined today in the budget proposal, and includes but is not limited to:
To learn more about Parsons’ infrastructure capabilities, visit Parsons.com/critical-infrastructure/.
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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