PSN Parsons

Parsons Awarded $91 Million Cyber Capabilities Contract

Parsons Awarded $91 Million Cyber Capabilities Contract

CHANTILLY, Va., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the United States Cyber Command (CYBERCOM) to provide services for the J9 PEO Cyber and Joint Cyber Warfighting Architecture Integration Office. The $91 million cost plus fixed-fee prime contract includes a 12-month base year and four 12-month option years including the Federal Acquisition Regulation (FAR) 52.217-8, Option to Extend Services, and is new work for the company.

“We’re committed to advancing CYBERCOM’s mission to defend and advance national interests through coordination of cyberspace planning and operations,” said Mike Kushin, president of Defense and Intelligence for Parsons. “Under this contract, we are using Parsons’ operationally proven Digital Engineering Framework (PDEF) and Model-Based Systems Engineering to support the analysis, integration, development, and delivery of the Joint Cyber Warfighting Architecture, including software-enabled systems, sensors, and tools that span the full spectrum of cyber operations. We look forward to partnering with CYBERCOM to continue defining and delivering enterprise architecture and governance in support of the cyber warfare mission.”

Parsons operates in every aspect of the all-domain battlespace and addresses emerging threats by fusing technologies across the now-connected warfighting domains (land, air, sea, space, cyberspace) and incorporates information operations, intelligence, data analytics, electronic warfare, multi-echelon command and control, and kinetic operations into a unified approach.

To unlock Parsons’ cyber capabilities, 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
09/11/2023

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 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
 PRESS RELEASE
Free
PSN PARSONS

Parsons Wins ACEC New York Diamond Award for Brooklyn Bridge Rehabilit...

Parsons Wins ACEC New York Diamond Award for Brooklyn Bridge Rehabilitation Project CHANTILLY, Va., July 17, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its leadership as prime design consultant on the Brooklyn Bridge Rehabilitation Project has been honored with the prestigious Diamond Award in the Structural Systems category from the American Council of Engineering Companies (ACEC) of New York (NY). This award represents the highest recognition given by ACEC NY and celebrates projects that demonstrate innovation, technical excellence, and benefit to...

July 17, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch