Parsons and V2X Form Joint Venture for National Science Foundation Antarctica Contract

PSN
September 21, 2025
Parsons Corporation announced on December 10, 2024, that it has formed a joint venture with V2X named Polar Science Alliance (PSA), LLC. This new entity is established to pursue the National Science Foundation’s (NSF) Antarctic Science and Engineering Support Contract (ASESC). The ASESC contract has an $8 billion ceiling value, indicating a substantial long-term opportunity. The PSA joint venture is a wholly dedicated entity designed to enable world-class scientific research support services for the United States Antarctic Program (USAP) over the next two decades. This strategic partnership leverages the combined expertise of Parsons and V2X to address the complex requirements of operating in extreme environments. The pursuit of this contract highlights Parsons' commitment to expanding its federal solutions portfolio. This initiative positions Parsons to play a critical role in supporting scientific research and engineering in Antarctica. The potential contract would involve providing comprehensive services essential for the USAP's mission. This collaboration underscores Parsons' capabilities in delivering mission-critical solutions for specialized government programs. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.