MPA Delivery Partners Celebrate Full Funding for the Hudson Tunnel Project, the Most Urgent Infrastructure Project in the U.S.

MPA Delivery Partners, a joint venture of Mace, Parsons Corporation (NYSE: PSN) and Arcadis, congratulates the Gateway Development Commission on receiving full federal funding for the Hudson Tunnel rail megaproject: a critical link under the Hudson River that will improve reliability and resiliency of commuter and intercity rail transit on the busiest section of the Northeast Corridor, which serves 800,000 daily passengers from Washington, D.C. to New York, New Jersey, and New England.

A milestone project supported by the bipartisan Infrastructure Investment and Jobs Act (IIJA), the Hudson Tunnel project represents the largest investment in a mass transit project in modern history.

MPA was selected to serve as the delivery partner for this once-in-a-generation project in February 2024, and looks forward to working with the Gateway Development Commission on unlocking the full economic and societal potential of the Hudson Tunnel Project and delivering this important project for the people of New York and New Jersey.

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

###