PSN Parsons

Parsons Selected to Design San Antonio’s New VIA Rapid Silver Line

Parsons Selected to Design San Antonio’s New VIA Rapid Silver Line

CHANTILLY, Va., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been selected by VIA Metropolitan Transit Authority (VIA) to complete the final design of the Advanced Rapid Transit (ART) program for the VIA Rapid Silver Line in San Antonio.

“Parsons has supported VIA for more than 25 years, and we’re proud to continue with a new phase of the ART program,” said Sean Tenney, vice president and Texas regional manager for Parsons. “The ART program is a modern public transportation solution that is helping better connect the San Antonio region, driving economic growth as the population continues to expand. This program extends our work with VIA, underscoring Parsons’ commitment to delivering high-quality transit.”

The 7.3-mile VIA Rapid Silver Line, with an estimated project cost of $322 million, will include 18 new or modified stations, providing more frequent and reliable service that connects employment and residential centers along the east and west sides of the city. The project will also improve connectivity to the larger VIA system. The ART system will provide fast, frequent, and reliable public transit by dedicating bus lanes outside regular traffic, using transit-friendly traffic signals, and offering off-board fare collection for faster boarding.

Parsons is also currently supporting VIA in delivering the final design of the ART program’s Green Line, which will connect the San Antonio International Airport through Downtown and south to the historic Missions area. The Green Line and Silver Line corridors will intersect in downtown San Antonio. Our rail and transit experts have been connecting communities across Texas for more than 50 years and have delivered numerous rapid transit projects nationwide, with a proven track record of quality, innovation, and operational excellence.

To learn more about Parsons’ rail and transit expertise, 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 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
23/12/2025

Underlying

PSNParsons

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

Reports on Parsons

 PRESS RELEASE
Free
PSN PARSONS

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 ...

February 4, 2026 1 EN
 PRESS RELEASE
Free
PSN PARSONS

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-...

February 2, 2026 1 EN
 PRESS RELEASE
Free
PSN PARSONS

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...

January 26, 2026 1 EN
 PRESS RELEASE
Free
PSN PARSONS

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 ...

January 15, 2026 1 EN
 PRESS RELEASE
Free
PSN PARSONS

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...

January 13, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch