Parsons Awarded $593M Contract Extension Under FAA TSSC 5
Parsons was awarded a $593M contract extension under the Federal Aviation Administration's Technical Support Services Contract 5, or TSSC 5, which has a $1.8B ceiling value with a four-year base period and two three-year option periods. This award exercises the first option period, extends performance through 2030, and supports the FAA's Aviation System Capital Investment Plan. FAA's Aviation System CIP outlines National Airspace System modernization programs and activities. Since 2001, Parsons has supported the FAA through TSSC 3, TSSC 4, and, most recently, TSSC 5, which the company was awarded in 2024.
