Parsons Wins Spot on $3.5 Billion DTRA Cooperative Threat Reduction Contract
Parsons PSN | 56.32 | +2.23% |
Parsons Corporation announced that it has been selected by the Defense Threat Reduction Agency (DTRA) as an awardee for the Cooperative Threat Reduction Integration Contract (CTRIC) IV. This recompete contract is an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) with a ceiling value of $3.5 billion. The contract includes a five-year base period with one five-year option period. Under this contract, Parsons will compete for task orders supporting efforts to reduce threats from weapons of mass destruction, including chemical, biological, radiological, and nuclear threats. Activities covered by the contract include eliminating, securing, or consolidating WMD and related materials, assisting partner nations in operational capabilities, and preventing the illicit trafficking of WMD-related materials and technology.
