Royal Commission for Riyadh City selects Parsons-Led Joint Venture for Riyadh Metro Red Line Extension

CHANTILLY, Va., Nov. 03, 2026 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN), shared that the Parsons-led joint venture, Riyadh Metro Transit Consultants (RMTC), in partnership with Systra and Egis, was selected in March 2026 to provide project and construction management (PMCM) services for the Royal Commission for Riyadh City (RCRC) on the Riyadh Metro Red Line Extension. This multi-year PMCM project represents new work for the company.

“We are honored to continue working on the Riyadh Metro, a transformative project that is redefining urban mobility in the Kingdom’s capital and enhancing quality of life,” said Pierre Santoni, President, Infrastructure EMEA at Parsons. “As a proud long-term partner of the RCRC, and the lead consultant for the delivery of this world-class system, we look forward to supporting the city of Riyadh and the Kingdom in successfully completing this extension and future phases of the metro, leveraging our global expertise and deep local knowledge to drive excellence at every stage of delivery.”

The Riyadh Metro Red Line Extension will run from the current King Saud University (KSU) terminus and end at Diriyah South. A cornerstone of Saudi Vision 2030, the Riyadh Metro Red Line Extension will connect Diriyah with the Riyadh Public Transport network and continue to transform the capital’s transportation landscape by leveraging cutting-edge technology to deliver a world-class transit experience while addressing critical traffic challenges, reducing commute times, alleviating congestion and fostering a more sustainable future for the rapidly evolving city.

The RMTC first began working on the Riyadh Metro in 2013 and delivered the first phase of the project which comprised of the Blue, Red and Orange Lines. The Red Line extension is 8.4 kilometers (km) long, of which 1.3km is elevated and 7.1km is underground. It includes five stations – two elevated and three underground.

Parsons has delivered rail and transit projects in more than 50 countries, working on large, complex brownfield expansion and greenfield projects globally, and has been involved in every major rail project in the Gulf region. With a presence in EMEA spanning more than 65 years, Parsons brings deep domain expertise across project and program management, urban development, transportation (including rail, metro, aviation, roads, and ports), smart mobility, asset management, and master planning.

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

To join Parsons in creating the future of the Middle East, visit parsons.com/emea

Media Contact:     
Lara Masri
+971 4 4029767
Lara.Masri@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
Dave.Spille@parsons.com

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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e330015c-3d86-4b71-97c0-ede53ae7bedb


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