PSN Parsons

New Jersey Department of Transportation Launches Statewide Advanced Traffic Management System Powered by Parsons’ Smart Mobility Solution, iNET®

New Jersey Department of Transportation Launches Statewide Advanced Traffic Management System Powered by Parsons’ Smart Mobility Solution, iNET®

CHANTILLY, Va., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today the successful go-live of the New Jersey Department of Transportation's (NJDOT) Statewide Advanced Traffic Management System (ATMS), powered by Parsons’ cutting-edge Intelligent NETworks (iNET®) smart mobility solution. Launched in collaboration with HNTB Corporation, this milestone marks a significant advancement in traffic management and operations across the state, offering a unified platform for complete transportation network management and operator communication and collaboration.

"We are thrilled to partner with NJDOT in delivering a state-of-the-art traffic management system that will significantly enhance transportation operations across New Jersey," said Mark Fialkowski, president of Infrastructure North America at Parsons. "NJDOT's deployment of iNET® underscores their dedication to leveraging innovative technology to improve the management, operations, and safety of their transportation networks.”

The deployment of iNET® is the first integrated statewide ATMS for NJDOT, which has historically relied on a variety of legacy and vendor-based software packages. With iNET®, NJDOT will benefit from a comprehensive suite of features designed to enhance traffic management capabilities, including ITS device control, automated incident detection and management, and integrated response plans. iNET® provides a robust and scalable solution that addresses the complex needs of modern traffic management, ensuring safer and more efficient travel for all road users.

Recognizing its innovation and impact, the ATMS project was honored with the 2025 Excellence in Engineering Award at the New Jersey Alliance for Action's 12th Annual Distinguished Engineering Awards.

Far from simply moving people from place to place, our smart corridors help move people into the future and connect our communities. To learn more about Parsons’ Intelligent NETworks (iNET®) smart mobility solution, 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:

Bernadette Miller

+1 980.253.9781

Investor Relations Contact:

Dave Spille

+1 703.775.6191



EN
21/08/2025

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

New Jersey Department of Transportation Launches Statewide Advanced Tr...

New Jersey Department of Transportation Launches Statewide Advanced Traffic Management System Powered by Parsons’ Smart Mobility Solution, iNET® CHANTILLY, Va., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today the successful go-live of the New Jersey Department of Transportation's (NJDOT) Statewide Advanced Traffic Management System (ATMS), powered by Parsons’ cutting-edge Intelligent NETworks (iNET®) smart mobility solution. Launched in collaboration with HNTB Corporation, this milestone marks a significant advancement in traffic management and operations...

4h / 10m 1 EN
 PRESS RELEASE
Free
PSN PARSONS

Parsons Awarded C5ISR Radar Contract by Army DEVCOM

Parsons Awarded C5ISR Radar Contract by Army DEVCOM CHANTILLY, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $30 million recompete contract by U.S. Army DEVCOM’s (Combat Capabilities Development Command) C5ISR Center. The contract, which Parsons has held for three years, includes a 12-month base performance period and four 12-month option periods to deliver critical radar development engineering efforts necessary for C5ISR Radar to meet its mission needs. “This mission-critical program enables the U.S. Army to anticipate and prepare for threats...

August 11, 2025 1 EN
 PRESS RELEASE
Free
PSN PARSONS

Parsons Reports Strong Second Quarter 2025 Results

Parsons Reports Strong Second Quarter 2025 Results Q2 2025 Financial Highlights Q2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basisRevenue growth of 13% excluding confidential contract; 8% on an organic basisQ2 net income of $55 million decreased $14 million year-over-year, includes $2 million of M&A transaction-related expenses associated with the CTI acquisitionQ2 adjusted EBITDA decreased 1% to $149 million; adjusted EBITDA margin of 9.4% increased 40 basis pointsBook-to-bill ratio of 1.0x and continued streak of TTM book-to-bill ratio of 1.0x or greate...

August 6, 2025 1 EN
 PRESS RELEASE
Free
PSN PARSONS

Parsons-Versar Joint Venture Awarded $75 Million U.S. Army Corps of En...

Parsons-Versar Joint Venture Awarded $75 Million U.S. Army Corps of Engineers Construction Management Contract CHANTILLY, Va., July 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company’s joint venture (JV) with Versar was awarded a $75 million single award delivery order contract by the United States Army Corps of Engineers (USACE) Middle East District for construction phase support services (CPSS). The contract includes a three-year base period of performance and a two-year option period. Parsons serves as the JV managing partner. Under this cont...

July 24, 2025 1 EN
 PRESS RELEASE
Free
PSN PARSONS

Parsons Corporation Launches BlueFly™

Parsons Corporation Launches BlueFly™ A Game-Changing Search and Rescue Tool Revolutionizing Emergency Response Operations CHANTILLY, Va., July 21, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), a leader in technology-driven solutions, is proud to announce the development of BlueFly™, an innovative search and rescue sensor that enhances the capabilities of emergency response teams. Designed with state-of-the-art technology and affordability in mind, BlueFly™ aims to revolutionize how agencies conduct search and rescue missions in challenging and remote environments. Devel...

July 21, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch