Overview
- NAVFAC granted Parsons a place on the Pacific Deterrence Initiative Multiple Award Construction Contract valued at $15 billion.
- The vehicle is intended to speed delivery of Indo-Pacific military infrastructure that supports deterrence, readiness, and allied security across sites such as Australia, the Philippines, and U.S. territories.
- The contract structure includes a five-year base with three one-year options.
- Task orders will be competed, with eligible projects above $100 million covering runways, hangars, waterfront facilities, warehousing, and energy or fuel storage.
- Placement on the vehicle enables bidding but does not assure awards or revenue for Parsons.