SOURCE: Parsons

Parsons

February 22, 2010 13:04 ET

Parsons Concludes Transaction With Vasey Aviation Group LLC

Senior Aviation Specialists Strengthen Sector Capabilities

PASADENA, CA--(Marketwire - February 22, 2010) - Parsons today announced that it has concluded a transaction with Vasey Aviation Group LLC (VA) in which it has acquired from VA certain ongoing aviation services contracts. In addition, Andrew Vasey and Perry Martin from VA have joined Parsons' aviation management team.

"The addition of these two highly talented individuals to Parsons' management team will enhance our resources in the aviation industry and provide expanded opportunities for Parsons and our customers," stated Tom Barron, Parsons Group President.

VA is a specialized aviation-based professional services firm that has provided program management, operations, strategy, and capital planning services to the aviation industry, including airlines, airports, air cargo operators, and non-airline airport users throughout the world.

A veteran in aviation and design-build services, Parsons is currently working on numerous large airport programs worldwide, including the United States, Asia, the Middle East, and Europe.

Parsons, celebrating more than 65 years of setting industry standards, is a leader in many diversified markets such as communications, education, energy, environmental, facilities, federal government, healthcare, infrastructure, life sciences, transportation, vehicle inspection, and water/wastewater. Parsons provides technical and management solutions to private industrial customers worldwide, as well as federal, regional, and local government agencies. For more about Parsons, please visit www.parsons.com.