PSN Parsons

Parsons Delivers Critical Milestone for NOAA’s TraCSS Program

Parsons Delivers Critical Milestone for NOAA’s TraCSS Program

CHANTILLY, Va., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), a leading national security solutions company in the space domain, is proud to announce the successful delivery of Phase 1.0, the initial capabilities release for the National Oceanic and Atmospheric Administration’s (NOAA) Office of Space Commerce's (OSC) Traffic Coordination System for Space (TraCSS) program. Parsons is the system integration and cloud management services lead for TraCSS, a modern, cloud-based IT system that will provide space situational awareness (SSA) and space traffic coordination (STC) services to private and civil space operators.

Phase 1.0 provides the ‘beta user’ community access to conjunction data messages (CDMs) for evaluation while TraCSS runs in parallel with the Department of Defense (DoD) systems. This significant milestone supports the transition of the safety of flight mission from the DoD to the Department of Commerce.

“This important milestone is a significant step toward developing a robust and secure system for space situational awareness, which is vital for the safety of our shared space environment and its assets in orbit,” said Mike Kushin, President of Defense and Intelligence for Parsons. “OSC’s TraCSS program is a groundbreaking initiative that will navigate and deconflict the complexities of congested space traffic while driving innovation and collaboration between governments and industry in the space domain.”

The Parsons-developed system establishes the foundational platform for hosting services supporting the civil space SSA mission. These capabilities are designed to improve space traffic coordination for thousands of space vehicles, enabling safe space operations for the preservation of human lives, business assets, and the overall space environment.

"We are building TraCSS to become a foundational safety service that spacecraft operators around the world can depend on," said Dmitry Poisik, TraCSS Program Manager. "I'm thankful for the tremendously strong partnership that enabled the Parsons and OSC teams to launch this modern, reliable system."

As the system integrator, Parsons is developing the software platform for the operational TraCSS system. The company will integrate containerized, third-party software components from commercial companies into the TraCSS ecosystem. Following an agile development approach, the company is building the infrastructure for the TraCSS system that allows for continuous improvement and evolution to react to changing TraCSS mission needs. The company’s role also encompasses the management of cloud services, cybersecurity protection, and system administration for TraCSS operations.

For 30 years, Parsons has enabled the SSA mission for the U.S. government and allied partners by providing end-to-end customized mission solutions to meet customer needs in the rapidly evolving space domain. Parsons has also developed enterprise software solutions for multiple USG organizations, providing space catalog and space domain analytical services and solutions.

For more information about Parsons’ military space capabilities, please visit:

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

Media Contact:

Angie Benfield

+1 803.334.5277

Investor Relations Contact:

Dave Spille

+ 1 703.775.6191



EN
30/09/2024

Underlying

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

Reports on Parsons

 PRESS RELEASE

Parsons Leading PFAS Groundwater Treatment at Burlington Air National ...

Parsons Leading PFAS Groundwater Treatment at Burlington Air National Guard Installation CHANTILLY, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced that the company was selected by the National Guard Bureau to manage the operation and maintenance of a per-and polyfluoroalkyl substances (PFAS) groundwater treatment system at Burlington Air National Guard Base, Vermont. The two-year task order is new work for the company. As part of the contract, Parsons will work to optimize the existing granular activated carbon treatment system by utilizing the company’s...

 PRESS RELEASE

Parsons Awarded Position on $4B Defense Threat Reduction Agency Contra...

Parsons Awarded Position on $4B Defense Threat Reduction Agency Contract CHANTILLY, Va., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) by the Defense Threat Reduction Agency (DTRA) to support Countering Weapons Of Mass Destruction (CWMD) objectives. The $4 billion ceiling value contract includes a five-year base period and one five-year option period and is new work for the company. Under this contract, Parsons will...

 PRESS RELEASE

Parsons Delivers Critical Milestone for NOAA’s TraCSS Program

Parsons Delivers Critical Milestone for NOAA’s TraCSS Program CHANTILLY, Va., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), a leading national security solutions company in the space domain, is proud to announce the successful delivery of Phase 1.0, the initial capabilities release for the National Oceanic and Atmospheric Administration’s (NOAA) Office of Space Commerce's (OSC) Traffic Coordination System for Space (TraCSS) program. Parsons is the system integration and cloud management services lead for TraCSS, a modern, cloud-based IT system that will provide space...

 PRESS RELEASE

Parsons to Announce Third Quarter 2024 Financial Results on October 30...

Parsons to Announce Third Quarter 2024 Financial Results on October 30, 2024 CHANTILLY, Va., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release third quarter 2024 financial results before the markets open on Wednesday, October 30, 2024. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives. Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (). Those parties interested in participating via tele...

 PRESS RELEASE

Parsons Corporation Named to S&P MidCap 400

Parsons Corporation Named to S&P MidCap 400 CHANTILLY, Va., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been named to S&P Dow Jones Indices prestigious S&P MidCap 400 Index, effective prior to the open of trading on September 23, 2024. The company, which celebrated its 80th anniversary earlier this year, 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 ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch