Parsons Corporation (PSN) Stock Analysis
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Sector: Technology
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Parsons Corporation (PSN) is listed in the Technology sector. The snapshot on this page updates daily; run a full report for the complete breakdown.
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Royal Commission for Riyadh City selects Parsons-Led Joint Venture for Riyadh Metro Red Line Extension
Tue, November 3, 2026 at 1:30 PM UTC 4 min read
Parsons Corporation (NYSE: PSN) announced that its joint venture, Riyadh Metro Transit Consultants (RMTC), has been selected to provide project and construction management services for the Riyadh Metro Red Line Extension. This multi-year project, part of Saudi Vision 2030, will extend the metro line by 8.4 kilometers, connecting Diriyah with the existing transport network. Parsons aims to leverage its global expertise to enhance urban mobility and quality of life in Riyadh.