PSN News

Parsons to Announce Fourth Quarter 2025 and Fiscal Year 2025 Financial Results on February 11, 2026

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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.

January 13, 2026
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Parsons Awarded $392 Million Federal Contract

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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.

January 5, 2026
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Parsons Awarded $30M Contract to Enhance Support to DARPA Blackjack Space Mission

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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.

December 22, 2025
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Parsons Awarded $88M to Provide Systems Engineering and Integration Solutions for U.S. Air Forces in Europe and Africa Air Base Air Defense

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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.

December 10, 2025
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Parsons Corporation Celebrates TraCSS Victory with Space News Icon Award for Civil Space Achievement of the Year

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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 operations in an increasingly congested orbital environment.

December 8, 2025
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Parsons Selected As Lead Designer For $441 Million I-70 Rocheport To Columbia Design-Build Project

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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.

December 5, 2025
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Parsons to Present at the Raymond James TMT and Consumer Conference

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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.

December 5, 2025
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Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency’s Efforts to Counter and Mitigate Weapons of Mass Destruction

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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 (MATOC) has a ceiling value of $3.5 billion and includes a five-year base period with one five-year option period.

December 5, 2025
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Parsons Awarded Contract to Modernize U.S. Coast Guard Biometrics System

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CHANTILLY, Va., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded an indefinite delivery indefinite quantity contract to modernize the U.S. Coast Guard’s (USCG) Biometrics at Sea System (BASS 2.0). The BASS platform is a critical tool for maritime law enforcement operations and enables the Coast Guard to collect and analyze biometric data, including fingerprints and facial recognition, to verify identities, recognize threats, and enhance security by connecting to national and international databases. This award has a five-year performance period and represents new work for the company.

November 10, 2025
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Parsons Secures $81 Million C5ISR Radar Contract from Army DEVCOM

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(NYSE:PSN) CHANTILLY, Va., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded an $81 million Task Order under the Responsive Strategic Sourcing for Services (RS3) contract vehicle by the U.S. Army Combat Capabilities Development Command’s (DEVCOM), Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, and Reconnaissance (C5ISR). This recompete contract includes a 12-month base performance period and four 12-month option periods to deliver critical radar engineering solutions necessary for the C5ISR to meet its mission needs.

September 4, 2025Contracts
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New Jersey Department of Transportation Launches Statewide Advanced Traffic Management System Powered by Parsons’ Smart Mobility Solution, iNET®

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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.

SealingTech Launches First-Ever AI Hunt Kit Assistant Optimized for Defensive Cyber

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Designed to transform how cyber operators respond to threats, Operator X™ represents a leap forward in AI-enabled cyber defense for tactical environments. COLUMBIA, Md., Aug. 18, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN) and leading...

Parsons Awarded C5ISR Radar Contract by Army DEVCOM

PSN

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.

August 11, 2025Contracts
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Parsons Awarded $94.5M Ceiling Value Task Order Under Air Base Air Defense Indefinite Delivery, Indefinite Quantity Contract

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June 10, 2025
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Goldman Sachs Maintains Buy on Parsons, Lowers Price Target to $80

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June 4, 2025
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Forecasting The Future: 7 Analyst Projections For Parsons

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June 3, 2025
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B of A Securities Maintains Buy on Parsons, Lowers Price Target to $95

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June 3, 2025
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Parsons Corp Removes Confidential Contract From 2025 Guidance; Lowers FY25 Total Revenue Guidance To $6.45B-$6.65B; FY25 Revenue Excluding Confidential Contract Guidance $6.165B-$6.365B; Lowers FY25 Adj EBITDA Guidance To $590M-$630M

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June 2, 2025
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Parsons Awarded Two Delivery Partner Contracts From King Salman International Airport Development Company

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May 13, 2025
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Jefferies Downgrades Parsons to Hold, Lowers Price Target to $65

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May 5, 2025
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Truist Securities Reiterates Buy on Parsons, Raises Price Target to $80

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May 1, 2025
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Baird Downgrades Parsons to Neutral, Lowers Price Target to $69

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May 1, 2025
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Parsons Affirms FY2025 Sales Guidance of $7.00B-$7.50B vs $7.16B Est

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April 30, 2025
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Parsons Corp Q1 Adj. EPS $0.78 Beats $0.74 Estimate, Sales $1.55B Miss $1.63B Estimate

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April 30, 2025
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Parsons Corporation Awarded Contract For Project Management Office Services By The King Salman Park Foundation For King Salman Park.

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April 23, 2025
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Keybanc Maintains Overweight on Parsons, Lowers Price Target to $73

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April 16, 2025
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Parsons Selected By Lee County Port Authority For Southwest Florida International Airport Terminal Overhaul Project

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April 16, 2025
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Parsons' Sealing Technologies Launches Two Edge Computing Nodes, GN 7100 And GN 9000

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April 15, 2025
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Parsons Lands Spot On $1.5 Billion Air Force Environmental Contract Targeting PFAS Cleanup

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Parsons Corp (NYSE: PSN) gains from $1.5B US Air Force contract for environmental services. Also awarded $24M contract for Naval Medical Research Command's biological defense mission.

April 14, 2025
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Truist Securities Maintains Buy on Parsons, Lowers Price Target to $70

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April 14, 2025
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Parsons Wins $1.5B Air Force Contract to Address Environmental Issues, Including PFAS Contamination

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April 14, 2025
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Parsons Lands $24M Navy Contract to Advance US Biological Defense Research

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April 7, 2025
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Parsons Corporation Wins Contract For PFAS Investigation At Tucson International Airport

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April 2, 2025
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Beyond The Numbers: 7 Analysts Discuss Parsons Stock

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April 1, 2025
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B of A Securities Maintains Buy on Parsons, Lowers Price Target to $110

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April 1, 2025
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Parsons' Board Approves $250M Share Repurchase Authorization

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March 24, 2025
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Parsons' SealingTech Awarded Agreement From The Department Of Defense Innovation Unit To Support The Development Of Their Joint Cyber Hunt Kit Prototype

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March 12, 2025
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Benchmark Reiterates Buy on Parsons, Maintains $90 Price Target

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February 26, 2025
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Goldman Sachs Maintains Buy on Parsons, Lowers Price Target to $98

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February 25, 2025
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William Blair Downgrades Parsons to Market Perform

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February 21, 2025
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Baird Maintains Outperform on Parsons, Lowers Price Target to $78

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February 20, 2025
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Parsons Expects FY25 Revenue Of $7B - $7.5B, Est $7.372B

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February 19, 2025
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Parsons Corp Q4 2024 Adj EPS $0.78 Misses $0.91 Estimate, Sales $1.73B Miss $1.76B Estimate

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February 19, 2025
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Beyond The Numbers: 5 Analysts Discuss Parsons Stock

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February 18, 2025
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Parsons Announced That It Has Initiated A Task Order Extension Supporting The San Diego Pure Water Program

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January 15, 2025
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Tutor Perini-O&G Joint Venture Secures $1.18B Contract For AirTrain Newark Replacement Project, Including 2.5-Mile Automated Train System And Three New Stations At Newark Liberty Airport

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November 18, 2024
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Keybanc Maintains Overweight on Parsons, Raises Price Target to $122

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October 31, 2024
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Baird Maintains Outperform on Parsons, Raises Price Target to $125

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October 31, 2024
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Parsons Secures Spot in LAWA's $1B Multiple Award Task Order Contract Covering LAX And Van Nuys Airport

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May 22, 2024
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