News · 26 weeks101+9%
2026-03-012026-08-23
Mix3990d
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Latest news
25 items- PRSealingTech, a Parsons Corporation company, receives $750 Million Joint Cyber Hunt Kit (JCHK) Full-Rate Production Award from USCYBERCOMKey TakeawaysSealingTech, a Parsons company, is the sole prime contractor awardee for USCYBERCOM's JCHK. The agreement is for five years with a ceiling value of $750M.This effort reflects SealingTech's broader expertise in rapid design, integration, and ability to deliver deployable hardware technologies that enable organizations to operate effectively in connected, disconnected, and contested environments in the cyber domain.Leveraging years of experience designing portable edge compute and Cyber Fly-Away Kit technologies, SealingTech created a modular, transportable hardware platform.COLUMBIA, Md., Aug. 25, 2026 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation comp
- PRParsons Secures $514 Million Missile Defense Agency Contract OptionKey Takeaways: Parsons secured a $514 million, two-year contract option of its existing Technical, Engineering, Advisory, and Management Support (TEAMS) – Next Missile Defense System Engineering contract from the Missile Defense Agency.The company will continue providing engineering, technical, analytical, and oversight support for the nation’s integrated Missile Defense System.Parsons is continuing to support the Missile Defense Agency in helping ensure the effectiveness and readiness of U.S. missile defense capabilities against rapidly evolving threats. CHANTILLY, Va., Aug. 24, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation announced today it has been awarded a $514 million contract op
- ANALYSTParsons upgraded by Robert W. Baird with a new price targetRobert W. Baird upgraded Parsons from Neutral to Outperform and set a new price target of $57.00
- PRParsons Selected for $350M Seabed to Space ISR EffortCompany will support NIWC in advancing next-generation intelligence, surveillance, and reconnaissance systems to strengthen maritime and information operations Key Takeaways: Parsons was selected for a $350 million multiple award IDIQ Seabed to Space ISR (S2ISR) contract supporting NIWC Pacific.The work spans full lifecycle engineering, from RDT&E to deployment and sustainment of ISR systems.The contract enhances Navy capabilities across space, air, land, and maritime domains to counter evolving threats. CHANTILLY, Va., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was selected by Naval Information Warfare Center (NIWC) Pacific to prov
- PRParsons Selected for Space Force’s NITE-STAR CapabilityKey Takeaways: Parsons was selected for the U.S. Space Force's National Space Test and Training Complex (NSTTC) Innovative Technology & Engineering – Space Test and Range (NITE-STAR) Capability Development Multiple Award IDIQ.NITE-STAR aims to ensure Space Force Guardians are prepared for realistic operational scenarios and engagements against peer adversaries in increasingly contested space environments, and awardees had to meet strict qualification criteria including successful delivery of operational space vehicles and ground systems.The multiple-award IDIQ has a shared ceiling value of $981 million across all awardees and spans two five-year ordering periods, providing a pathway for fut
- PRParsons Awarded Contract to Help Modernize Knoxville’s McGhee Tyson Airport TerminalKey Takeaways: Parsons was selected by the Metropolitan Knoxville Airport Authority to provide PM/CM services for the Knoxville Airport Terminal Development Program.The five-year program will help Knoxville Airport safely accommodate passenger growth, modernize aging infrastructure, and improve traveler experience.Parsons’ aviation program delivery experience, digital program management tools, and Federal Aviation Administration funding compliance expertise will support transparent, data-driven project delivery. CHANTILLY, Va., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been selected by the Metropolitan Knoxville Airport Authority to prov
- PRParsons Awarded $70M to Advance Air Base Air Defense Capabilities Across Europe and AfricaKey Takeaways: Parsons was awarded a $70 million task order under the U.S. Air Force's Air Base Air Defense (ABAD) contract to provide integration, testing, deployment, maintenance, and operational transition support for U.S. Air Forces in the Europe-Air Forces Africa (USAFE-AFAFRICA) region.The company will provide integration, testing, deployment, maintenance, and operational transition of Point Defense capabilities. CHANTILLY, Va., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been awarded a $70 million ceiling task order under the U.S. Air Force's Air Base Air Defense (ABAD) contract to provide integration, testing, deployment, maintenan
- PRParsons Awarded First Task Order Under DTRA CTRIC IV to Support Chemical Threat Reduction Efforts in Southeast AsiaKey Takeaways: Parsons secured the first task order issued under DTRA’s CTRIC IV contract, reinforcing the company’s position as a trusted partner in delivering integrated threat reduction solutions worldwide.The program supports U.S. Pacific Command (USPACOM) priorities by strengthening regional chemical threat monitoring and response capabilities.Parsons will deliver training, exercises, and workshops to enhance partner nation capabilities across Southeast Asia, including Malaysia, Indonesia, and the Philippines. CHANTILLY, Va., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today it has secured the first task order under the Defense Threat Reduction Agency
- PRParsons Awarded $40 Million Electronic Warfare National Security ContractKey Takeaways: Parsons was awarded a $40 million non-kinetic effects contract to advance next-generation electromagnetic warfare capabilities for U.S. Army national security missions.Parsons’ expertise in electromagnetic warfare, digital engineering, and rapid prototyping increases warfighter lethality and delivers mission-ready capabilities at speed. CHANTILLY, Va., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) today announced it has been awarded a $40 million Non-Kinetic Effects (NOKE) cost plus fixed fee contract to advance next-generation electromagnetic warfare (EW) capabilities in support of critical national security missions. This award includes one base year
- INSIDERDirector Ball George L. bought $959,400 worth of shares (20,000 units at $47.97), increasing direct ownership by 13% to 170,383 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
- ANALYSTParsons upgraded by Jefferies with a new price targetJefferies upgraded Parsons from Hold to Buy and set a new price target of $52.00
- PRParsons Selected to Lead Design of South Carolina's I-526 Long Point Road Interchange Improvements ProjectKey Takeaways Parsons will serve as lead designer for the Interstate 526 Long Point Road Interchange Improvements project as part of the Ames Construction design-build team.The design-build project will improve safety, reduce congestion, and strengthen freight mobility in the Charleston region.The award expands Parsons' portfolio of complex transportation infrastructure projects delivered through collaborative design-build partnerships. CHANTILLY, Va., Aug. 03, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was selected by the South Carolina Department of Transportation (SCDOT), as part of the Ames Construction design-build team, to provide lead
- SECSEC Form 10-Q filed by Parsons Corporation10-Q - PARSONS CORP (0000275880) (Filer)
- SECParsons Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - PARSONS CORP (0000275880) (Filer)
- PRParsons Reports Second Quarter 2026 ResultsKey Takeaways Continued strong demand with 24% year-over-year increase in contract awards and a 1.2x book-to-bill ratio for the quarter, positioning the company for continued successMiddle East resiliency with 10% organic revenue growth and a 1.1x book-to-bill ratioPortfolio-shaping initiatives implemented to prioritize profitable, sustainable growth and enhance long-term shareholder value Q2 2026 Financial Highlights Book-to-bill ratio of 1.2x, exceeded 1.0x in both segments and continued streak of TTM book-to-bill ratio of 1.0x or greater in every quarter since 2019 IPO. Federal Solutions bookings increase 51% year-over-yearSignificant Q2 2026 wins underscore Parsons strategic position
- PRParsons Celebrates the Opening of the Gordie Howe International BridgeKey Takeaways: The Gordie Howe International Bridge connects the cities of Detroit, Michigan and Windsor, Ontario, Canada through a 2,800-foot-long cable-stayed main span bridge.The new bridge will provide redundancy at the busiest trade corridor between Canada and the United States, providing significant increased economic and regional growth.Parsons served as the owner’s engineer for the $4.7 billion ($6.4 billion CAD) bridge. CHANTILLY, Va., July 27, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) recognized today that Windsor-Detroit Bridge Authority opened the Gordie Howe International Bridge, which connects Detroit, Michigan and Windsor, Ontario, Canada. The bridge is a 2,8
- PRParsons Expands Mission-Focused Product Portfolio Across Defense, Intelligence, and InfrastructureKey Takeaways Parsons’ expanding portfolio of mission-focused products – underpinned by artificial intelligence – complements and enhances the company's broader global solutions offerings across national security and critical infrastructure markets.Products including Cyber Fly-Away Kits, AresNXT™, Javelin®, DroneArmor™, TReX®, Peanut™, iNET®, BlueFly®, GOCaaS™, and OrbitXchange™ demonstrate the company's ability to innovate, commercialize, and scale technologies that support customer missions.Parsons continues to invest in product development and commercialization to deliver repeatable, high-value offerings that drive mission outcomes, long-term growth, and margin expansion. CHANTILLY, Va.
- PRParsons Accelerates Industrial Base Modernization and Advanced Manufacturing to Deliver Mission Readiness at Speed and ScaleKey Takeaways: Parsons delivers integrated industrial base modernization and advanced manufacturing solutions that accelerate mission readiness across defense and infrastructure markets worldwide.Parsons’ enterprise-wide delivery model unites expertise across its Federal Solutions and Critical Infrastructure segments to deliver complete industrial ecosystems at speed and scale.With global execution and proven programs, Parsons supports urgent national security and economic priorities driven by rising demand and sustained government investment in industrial capacity. CHANTILLY, Va., July 21, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) today highlighted its delivery of integrat
- PRParsons To Modernize New York’s Intelligent Transportation SystemKey Takeaways: Parsons was awarded a $33 million contract to deploy its iNET® smart mobility system statewide to support design, development, integration, testing, operations, and maintenance for NYSDOT’s Transportation Systems Management and Operations (TSMO) software system.The award continues Parsons’ success in winning statewide advanced traffic management system deployments.Leveraging Parsons’ infrastructure market knowledge and technology solutions, the company delivers advanced digital solutions like iNET® to global customers. CHANTILLY, Va., July 20, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was selected by the New York State Depart
- PRParsons Awarded $245 Million Naval Research Laboratory Satellite Ground Systems ContractKey Takeaways: Space Ground System Solutions, Inc., a wholly owned Parsons’ subsidiary, secured a five-year, $245 million contract with the U.S. Naval Research Laboratory to advance mission-critical satellite ground systems software and operations.This award continues a 30-year legacy supporting the Blossom Point Tracking Facility.Parsons is a trusted provider of end-to-end space and ground system solutions, including mission engineering, DevSecOps, and secure software-defined architectures. CHANTILLY, Va., July 14, 2026 (GLOBE NEWSWIRE) -- Space Ground System Solutions, Inc (SGSS), a wholly owned Parsons Corporation (NYSE:PSN) subsidiary, announced today that it has been awarded a $245
- PRParsons Launches AresNXT™ Biometrics PlatformKey Takeaways: Parsons announces the launch of AresNXT™, a next-generation biometrics platform that enables secure, scalable identity management across critical infrastructure, national security operations, and large-scale events.The platform delivers true cross-platform compatibility across iOS, Android, and Windows, enabling rapid deployment on existing devices and supporting the shift to iOS environments.AresNXT™ is already demonstrating mission impact through real-world pilot deployments. CHANTILLY, Va., July 08, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) today announced the launch of AresNXT™, a next-generation biometrics platform designed to enable secure, scalable id
- PRParsons Awarded Program and Construction Management Contract for Lusail Development in QatarKey Takeaways: Parsons has been awarded a three-year contract to provide program management, construction management, and construction supervision for the Lusail City Infrastructure Program in Qatar, one of the Middle East’s most significant master-planned developments.At 38 square kilometers, Lusail’s 19 districts position it as a key driver of investment, tourism, and sustainable growth in Qatar.The award extends Parsons’ nearly 20-year relationship with Qatari Diar, delivering complex urban development programs across the region. CHANTILLY, Va., July 07, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been selected by Lusail Real Estate Development
- PRParsons Pioneering Integrated Technology Solutions for PFAS RemediationKey Takeaways: Parsons is a leading PFAS solutions provider in North America.The company combines science-based strategies, in-house R&D, and an advanced contaminants elimination program to develop tailored, cost-effective solutions for customers.Parsons’ four core PFAS solutions include Hot ISCO, UV PFAS Destruction, Thermal Desorption, and AFFF Cleanout. CHANTILLY, Va., July 06, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) today announced the expansion of its comprehensive solutions to mitigate the impacts of per- and polyfluoroalkyl substances (PFAS) on the environment. A leading provider of PFAS services across the United States and Canada, Parsons leverages 20 years of
- INSIDERDirector Wajsgras David C was granted 604 shares, increasing direct ownership by 2% to 40,684 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
- INSIDERDirector Leer Steven F was granted 837 shares, increasing direct ownership by 3% to 34,238 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
PSN FAQ
7 questionsWhat does Parsons Corporation do?
Parsons Corporation provides technology based solutions in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cyber security and intelligence services, as well as offensive and defensive cybersecurity platforms, tools, and operations to U.S. Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligence, threat analytics, space situational awareness, small...Where does PSN stock trade?
Parsons Corporation (PSN) is listed on NYSE.What sector and industry is PSN in?
Parsons Corporation operates in the Technology sector, EDP Services industry.When did Parsons Corporation go public?
Parsons Corporation (PSN) completed its IPO in 2019.What are analysts saying about PSN?
Parsons Corporation has had 8 recent analyst actions on file. The most recent action was from Robert W. Baird: Outperform on 2026-08-21.What companies are similar to PSN?
Notable peers in the same industry include NEE (NextEra Energy Inc.), PDD (PDD Holdings Inc.), INFY (Infosys Limited), WDAY (Workday Inc.), DASH (DoorDash Inc.). Compare PSN side-by-side with any of them on Quantisnow.How can I track PSN on Quantisnow?
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