Parsons Secures $91M Seventh-Year Extension on $1.12B OSIS II Security Contract
Parsons won a $91 million seventh-year extension on the State Department’s OSIS II security contract, lifting total contract value to $1.12 billion. The award adds recurring revenue from technical installations, C-UAS, biometric access control and integrated support across 265 diplomatic facilities, strengthening Parsons’ defense infrastructure backlog.
1. Contract Extension Overview
Parsons secured a $91 million seventh-option-year extension on the U.S. Department of State’s Overseas Security Installation Services II contract, raising the total ten-year framework to approximately $1.12 billion.
2. Service Scope and Reach
Under OSIS II, Parsons provides technical security installations, counter-unmanned aircraft systems, biometric access control and integrated operational support at over 265 U.S. diplomatic facilities worldwide.
3. Strategic Impact on Backlog
The extension reinforces Parsons’ recurring revenue stream, strengthens its defense infrastructure backlog and underscores its track record in government security solutions.