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O'Hare 'people mover' still delayed 2+ years after expected completion date

More than two years after construction on O'Hare airport's "people mover" was supposed to be substantially complete, passengers still must rely on shuttle buses to get between terminals and to and from parking lots. Some travelers said they found the process confusing or frustrating. ....

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Travelers are returning to O'Hare, but the 'people mover' is still closed | State and Regional

As travelers return to O’Hare International Airport, one key piece of the experience is still missing: the once-popular “people mover” train remains out of service. ....

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Parsons to Present at the Jefferies Virtual IT Services Summit

Parsons to Present at the Jefferies Virtual IT Services Summit
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Parsons Wins $185 Million Space Situational Awareness Task Order Contract

Parsons Wins $185 Million Space Situational Awareness Task Order Contract
CENTREVILLE, Va., May 17, 2021 (GLOBE NEWSWIRE) Parsons Corporation (NYSE: PSN) has been awarded a task order contract by the Space and Missile Systems Center Special Programs Directorate (SMC/SPG) for Integrated Solutions for Situational Awareness (ISSA) support, potentially worth up to $185 million. The cost-plus-fixed-fee (CPFF) contract has a one-year base period with four one-year options. It will provide SMC/SPG and its strategic partners with highly specialized services in IT engineering, space domain expertise, software development, scientific analysis, and data analytics to develop, maintain, sustain, and enhance the ISSA system.
“We are proud to support SMC in their mission to deliver resilient and affordable space capabilities by continuing to provide our specialized operational and technical expertise for ISSA,” said Rich Aves, executive vice president, Parsons’ space and geospati ....

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Parsons Reports First Quarter 2021 Results

Parsons Reports First Quarter 2021 Results
Q1 2021 Financial Highlights
- Net income of $9 million and margin of 1.0%
- Adjusted EBITDA of $69 million and margin of 7.9%
- Book-to-bill ratio of 1.2x, driven by Critical Infrastructure book-to-bill ratio of 1.4x
- Total backlog increased 4.7% from the first quarter of 2020
Strategic Highlights
- Strong Q1 2021 with six contract wins over $100 million; great start to Q2 2021 with approximately $1 billion in contract wins in the quarter
- Strong Braxton performance and integration
- Recognized as a top employer by leading minority, women, and human rights organizations
- Updated executive compensation policy to tie a portion to core values including diversity, integrity, safety, and sustainability ....

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