PSN Parsons

Parsons Awarded $100 Million Contract to Expand Defense Industrial Base Munitions Capacity

Parsons Awarded $100 Million Contract to Expand Defense Industrial Base Munitions Capacity

Effort directly supports the DOW’s acquisition strategy by expanding the U.S. munitions production

CHANTILLY, Va., Dec. 19, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a task order exceeding $100 million by Nammo to provide design and program and construction management (PM/CM) for a new rocket motor manufacturing facility in Perry, Florida. This project directly supports the Department of War’s (DOW’s) Acquisition Transformation Strategy by expanding the United States’ munitions production capacity, strengthening supply chain resilience, and accelerating delivery of critical capabilities to the warfighter. The contract comprises a two-year construction period and represents new work for the company.

“Parsons is committed to fueling the arsenal of freedom and rapidly tackling the strategic challenges facing our nation,” said Jon Moretta, president, Engineered Systems for Parsons. “As the Department of War revitalizes the Defense Industrial Base, we are proud to leverage our technical design, engineering, and PM/CM expertise to accelerate production and strengthen supply chain resilience. By delivering increased capacity at the speed of combat, we ensure the warfighter has what they need when they need it.”

Parsons was ranked as the world’s top program management and a leading construction management firm by Engineering News-Record in 2025. Earlier this year, Nammo, an international aerospace and defense company, selected Parsons to help advance construction of the rocket motor facility in Perry, Florida. Together with industry partners, the two companies broke ground on the project in October, marking a critical step toward expanding the U.S. munitions industrial base. Nammo’s Perry site serves as a center of excellence for munitions and pyrotechnic products, from which the company provides energetic systems to the DOW. Parsons brings decades of experience managing complex military construction projects, including ammunition plants, arsenals, and depots.

To learn more about Parsons’ industrial base modernization solutions, visit .

About Nammo

Nammo is an international aerospace and defense company headquartered in Raufoss, Norway. With more than 4000 employees, 27 production sites and a presence in 12 allied countries, Nammo is one of the world’s leading providers of specialty ammunition, shoulder-fired systems and rocket motors.

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  and follow us on  to learn how we’re making an impact.

Media Contact:

Bernadette Miller

+1 980.253.9781

Investor Relations Contact:

Dave Spille

+1 703.775.6191



EN
19/12/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Parsons

 PRESS RELEASE

Parsons’ C-UAS DroneArmor™ Deployed to Protect U.S. Border and Nationa...

Parsons’ C-UAS DroneArmor™ Deployed to Protect U.S. Border and National Security CHANTILLY, Va., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that DroneArmor™, the company’s counter-unmanned aircraft system (C-UAS), has been deployed by a Federal national security customer to enhance security and protect personnel, communities, and critical infrastructure along the United States southern border. The proven, military-grade command and control (C2) system is purpose-built to provide streamlined and autonomous C-UAS protection. DroneArmor™, a Technology ...

 PRESS RELEASE

Parsons Awarded $60 Million Contract To Design Claremont Extension Of ...

Parsons Awarded $60 Million Contract To Design Claremont Extension Of Los Angeles’s Metro A Line Light Rail System CHANTILLY, Va., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been awarded a six-year, $60 million new contract by the Foothill Gold Line Construction Authority to complete design of phase 2B2 of the Foothill Gold Line project and provide design services during construction. As part of the longest linear light rail line in the world, phase 2B2 will complete the next segment of the Metro A Line light rail system, by adding a 2.3-...

 PRESS RELEASE

Parsons Awarded $593 Million Federal Aviation Administration Contract ...

Parsons Awarded $593 Million Federal Aviation Administration Contract Extension Early option exercise underscores Parsons’ critical role in FAA’s nationwide airspace modernization CHANTILLY, Va., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $593 million contract extension under the Federal Aviation Administration’s (FAA) Technical Support Services Contract 5 (TSSC 5). TSSC 5 has a $1.8 billion ceiling value with a four-year base period and two three-year option periods. This award exercises the first option period, exte...

 PRESS RELEASE

Parsons Acquires Altamira Technologies Corporation

Parsons Acquires Altamira Technologies Corporation Acquisition bolsters Parsons’ signals intelligence and space solutions for the U.S. Department of War CHANTILLY, Va., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has acquired Northern Virginia-based Altamira Technologies Corporation in a transaction valued up to $375 million. Founded in 1999, Altamira enhances Parsons’ defense and intelligence portfolio by delivering advanced analytics, signals intelligence (SIGINT), cyber, missile warning, and space capabilities, complementing the company’s ...

 PRESS RELEASE

Parsons to Announce Fourth Quarter 2025 and Fiscal Year 2025 Financial...

Parsons to Announce Fourth Quarter 2025 and Fiscal Year 2025 Financial Results on February 11, 2026 CHANTILLY, Va., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release fourth quarter and fiscal year 2025 financial results before the markets open on Wednesday, February 11, 2026. The company will also provide details related to 2026 guidance as part of the call. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and guidance, followed by a question-and-answer session. Access to a webcast of the live confere...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch