reports
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 ...
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-...
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...
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 ...
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...
New Murabba Development Company Awards Parsons Design and Construction...
New Murabba Development Company Awards Parsons Design and Construction Management Contract in Saudi Arabia CHANTILLY, Va., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract by the Public Investment Fund (PIF)-owned, New Murabba Development Company to provide design and construction technical support. This 60-month contract represents new work for Parsons. Under the contract, as the Infrastructure Lead Design Consultant (ILDC), Parsons will provide design and engineering services for infrastructure, public buildings, ...
Parsons Awarded $392 Million Federal Contract
Parsons Awarded $392 Million Federal Contract CHANTILLY, Va., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was recently awarded a ten-year, $392 million single-award contract by a Federal customer. This represents new work for the company and leverages the company’s biometrics and network engineering capabilities. Parsons offers advanced biometrics and identity management solutions, combining hardware, software, and integration expertise to support federal, defense, and law enforcement missions. The company has delivered over 3,500 mo...
Parsons Remains a Top U.S. Military-Friendly Employer
Parsons Remains a Top U.S. Military-Friendly Employer CHANTILLY, Va., Dec. 29, 2025 (GLOBE NEWSWIRE) -- Today, Parsons Corporation (NYSE: PSN) is once again saluting military veterans, guard and reserve members, and their families, as the company celebrates additional recognition for its focus, investment, and commitment to employing military veterans. The company was recognized six times by various organizations for continued excellence and industry leadership in supporting the military community, including: 2025 Department of Labor HIRE Vets Gold Medallion Award, given for proven metri...
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...
Parsons Corporation Awarded Position On $151 Billion MDA SHIELD Contra...
Parsons Corporation Awarded Position On $151 Billion MDA SHIELD Contract CHANTILLY, Va., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is pleased to announce it was awarded a contract for the Missile Defense Agency (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151B. This contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility. About Parsons: Parsons (NYSE: PSN) is...
Parsons Awarded $30M Contract to Enhance Support to DARPA Blackjack Sp...
Parsons Awarded $30M Contract to Enhance Support to DARPA Blackjack Space Mission CHANTILLY, Va., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $30 million contract, along with a novation to the U.S. Space Development Agency (SDA), to enhance a previously awarded $11 million contract from 2021 by the Defense Advanced Research Projects Agency (DARPA) for the Blackjack flight demonstration. This substantial expansion underscores Parsons' dedication to delivering innovative and effective solutions for defense clients in the space sector. “Parsons is a ...
Parsons Awarded $100 Million Contract to Expand Defense Industrial Bas...
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 b...
Parsons Names John Martinez as the Company’s Next Chief Legal Officer
Parsons Names John Martinez as the Company’s Next Chief Legal Officer CHANTILLY, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) has named proven executive and legal expert John Martinez as the company’s next chief legal officer (CLO), effective February 16, 2026. The announcement follows the notification by current CLO Mike Kolloway to Parsons’ CEO and board of directors of his intent to retire in the second quarter of 2026; Kolloway will remain with the company as an advisor until his retirement to ensure a seamless transition. “John Martinez is one of the most pr...
Parsons Awarded Position on $15 Billion U.S. Air Force Comprehensive C...
Parsons Awarded Position on $15 Billion U.S. Air Force Comprehensive Construction & Engineering Contract CHANTILLY, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on the U.S. Air Force Comprehensive Construction & Engineering Multiple Award Task Order Contract (MATOC). Managed by the Air Force Civil Engineering Center (AFCEC), this $15 billion ceiling value contract will ensure the readiness and resilience of U.S. Air Force and Department of War facilities. Work will be performed globally, with an initial five-yea...
Parsons Awarded $88M to Provide Systems Engineering and Integration So...
Parsons Awarded $88M to Provide Systems Engineering and Integration Solutions for U.S. Air Forces in Europe and Africa Air Base Air Defense CHANTILLY, Va., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded an $88 million single-award Task Order contract over three years to support the U.S. Air Forces in Europe - Air Forces Africa (USAFE-AFAFRICA) Air Base Air Defense (ABAD) mission at Ramstein Air Base, Germany. This award brings the company’s total value under the ABAD contract to $192 million in 2025. “Our success on the ABAD mission draws from our team...
Parsons Corporation Celebrates TraCSS Victory with Space News Icon Awa...
Parsons Corporation Celebrates TraCSS Victory with Space News Icon Award for Civil Space Achievement of the Year CHANTILLY, Va., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), the systems integrator for the Office of Space Commerce’s (OSC) Traffic Coordination System for Space (TraCSS) program, is proud to announce that this groundbreaking advancement in space traffic coordination has been recognized with the esteemed 2025 SpaceNews Icon Award for Civil Space Achievement. This prestigious accolade underscores Parsons' commitment to advancing safe and efficient operation...
Parsons Selected As Lead Designer For $441 Million I-70 Rocheport To C...
Parsons Selected As Lead Designer For $441 Million I-70 Rocheport To Columbia Design-Build Project CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Missouri Highways and Transportation Commission has selected the Emery Sapp & Sons (ESS)-Parsons Team to deliver the Interstate 70 Rocheport to Columbia Design-Build project. The $441 million reconstruction effort will improve a vital segment of I-70 through Boone County, adding a third lane of travel in each direction, modernizing pavement and bridges, and enhancing interchange operat...
Parsons Selected for $1B Sound Transit MATOC to Support Regional Trans...
Parsons Selected for $1B Sound Transit MATOC to Support Regional Transit Expansion CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced the company has secured a position on Sound Transit’s 2025 $1 billion ceiling Multiple Award Task Order Contract (MATOC) for design services. This five-year contract, with two potential one-year extensions, will support Sound Transit’s $60 billion capital program—one of the largest transportation infrastructure initiatives in North America. Under this MATOC, Parsons will provide architecture, engineering, and relate...
Parsons to Present at the Raymond James TMT and Consumer Conference
Parsons to Present at the Raymond James TMT and Consumer Conference CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer will participate in a fireside chat question and answer session at the Raymond James TMT and Consumer Conference on Tuesday, December 9, 2025, at approximately 10:40 a.m. Eastern Time. The presentation will be available live via webcast on the investor relations section of Parsons’ website (). A replay of the webcast will be available on the website following th...
Parsons Positioned to Continue Advancing the Defense Threat Reduction ...
Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency’s Efforts to Counter and Mitigate Weapons of Mass Destruction CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Defense Threat Reduction Agency (DTRA) as an awardee for the Cooperative Threat Reduction Integration Contract (CTRIC) IV, a recompete contract that underscores Parsons’ continued leadership in global threat reduction and security. The indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (M...
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