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News · 26 weeks102-38%
2026-01-182026-07-12
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Latest news
25 items- PRParsons Awarded $245 Million Naval Research Laboratory Satellite Ground Systems ContractKey Takeaways: Space Ground System Solutions, Inc., a wholly owned Parsons’ subsidiary, secured a five-year, $245 million contract with the U.S. Naval Research Laboratory to advance mission-critical satellite ground systems software and operations.This award continues a 30-year legacy supporting the Blossom Point Tracking Facility.Parsons is a trusted provider of end-to-end space and ground system solutions, including mission engineering, DevSecOps, and secure software-defined architectures. CHANTILLY, Va., July 14, 2026 (GLOBE NEWSWIRE) -- Space Ground System Solutions, Inc (SGSS), a wholly owned Parsons Corporation (NYSE:PSN) subsidiary, announced today that it has been awarded a $245
- PRParsons Launches AresNXT™ Biometrics PlatformKey Takeaways: Parsons announces the launch of AresNXT™, a next-generation biometrics platform that enables secure, scalable identity management across critical infrastructure, national security operations, and large-scale events.The platform delivers true cross-platform compatibility across iOS, Android, and Windows, enabling rapid deployment on existing devices and supporting the shift to iOS environments.AresNXT™ is already demonstrating mission impact through real-world pilot deployments. CHANTILLY, Va., July 08, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) today announced the launch of AresNXT™, a next-generation biometrics platform designed to enable secure, scalable id
- PRParsons Awarded Program and Construction Management Contract for Lusail Development in QatarKey Takeaways: Parsons has been awarded a three-year contract to provide program management, construction management, and construction supervision for the Lusail City Infrastructure Program in Qatar, one of the Middle East’s most significant master-planned developments.At 38 square kilometers, Lusail’s 19 districts position it as a key driver of investment, tourism, and sustainable growth in Qatar.The award extends Parsons’ nearly 20-year relationship with Qatari Diar, delivering complex urban development programs across the region. CHANTILLY, Va., July 07, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been selected by Lusail Real Estate Development
- PRParsons Pioneering Integrated Technology Solutions for PFAS RemediationKey Takeaways: Parsons is a leading PFAS solutions provider in North America.The company combines science-based strategies, in-house R&D, and an advanced contaminants elimination program to develop tailored, cost-effective solutions for customers.Parsons’ four core PFAS solutions include Hot ISCO, UV PFAS Destruction, Thermal Desorption, and AFFF Cleanout. CHANTILLY, Va., July 06, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) today announced the expansion of its comprehensive solutions to mitigate the impacts of per- and polyfluoroalkyl substances (PFAS) on the environment. A leading provider of PFAS services across the United States and Canada, Parsons leverages 20 years of
- INSIDERDirector Wajsgras David C was granted 604 shares, increasing direct ownership by 2% to 40,684 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
- INSIDERDirector Leer Steven F was granted 837 shares, increasing direct ownership by 3% to 34,238 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
- PRParsons to Announce Second Quarter 2026 Financial Results on July 29, 2026CHANTILLY, Va., July 01, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release second quarter 2026 financial results before the markets open on Wednesday, July 29, 2026. 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 conference call can be obtained through the Investor Relations section of the company's website (https://investors.parsons.com). Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here. A replay will be available on the company's website approximat
- PRRaft and Parsons Highlight Participation in Strategic Partner Program to Accelerate Modernization and Operational Advantage Across the Indo-PacificMCLEAN, Va., June 30, 2026 /PRNewswire/ -- Raft and Parsons Corporation (NYSE:PSN) today announced Parsons' participation in Raft's Partner Program to accelerate the delivery of data, artificial intelligence, and mission-critical capabilities to military operators across the Indo-Pacific. Together, Raft and Parsons are committed to helping the joint force increase lethality, accelerate decision-making, and maintain a decisive advantage in contested environments. As the Indo-Pacific remains the world's most strategically significant theater, military forces face unprecedented dem
- PRParsons' Differentiated Cyber and Electromagnetic Capabilities Deliver Dominance by Design to Department of WarKey Takeaways: Parsons provides full-spectrum cyber and electromagnetic solutions that enhance spectrum superiority, cyber resilience, and multi-domain operations.Artificial intelligence and machine learning are foundational across the company's portfolio, powering automation, decision support, offensive and defensive cyber operations, and advanced signal/data analysis to improve speed, precision, and mission effectiveness.Parsons delivers scalable, mission-ready solutions that strengthen warfighter lethality, situational awareness, and readiness in complex, high-threat environments. CHANTILLY, Va., June 17, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) delivers full-spectrum c
- PRParsons Awarded Multiple Contracts for $1.4B John A. Blatnik Bridge ReplacementCHANTILLY, Va., June 16, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been selected for the design oversight and construction oversight contracts on the estimated $1.1 to $1.4 billion design-build John A. Blatnik Bridge Project by the Minnesota and Wisconsin Departments of Transportation. The John A. Blatnik Bridge connects the City of Duluth, Minnesota and Superior, Wisconsin over the Port of Duluth/Superior, which is the most inland ocean vessel harbor in the world and the terminus of the St Lawrence Seaway. Parsons previously provided preliminary engineering design for replacement of the Blatnik Bridge and with this contract will continue their ser
- PRParsons Awarded $184 Million Navy Intelligence Carry-On Program ContractCHANTILLY, Va., June 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), today announced it has been awarded a $184 million ceiling value single-award, indefinite-delivery/indefinite-quantity (IDIQ) contract to support the Department of the Navy's Intelligence Carry-On Program (ICOP). "This award reflects the trust our customer places in Parsons to deliver adaptable, mission-focused solutions," said Mike Kushin, President of Defense and Intelligence for Parsons. "We are proud to support capabilities that help operators perform more effectively at the tactical edge." The contract supports a broad range of work areas focused on the rapid delivery of innovative capabilities that en
- PRParsons Awarded $22M Contract for Los Angeles' I-605 Multimodal Corridor ImprovementsCHANTILLY, Va., June 11, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that Los Angeles County Metropolitan Transportation Authority (Metro) has awarded a $22 million contract amendment for multimodal improvements along the I-605 corridor in Los Angeles, which extends Parsons' existing contract for 3.5-years. These improvements are part of the Metro's Board adopted Multimodal Highway InvestmentObjectives, which will add bicycle lanes, improve sidewalks, and enhance transit access for the community. It will also provide managed lanes on I-605 and improve connectivity between freeway ramps and local streets to reduce traffic. "For over 20 years, Parsons has long be
- PRParsons' CUAS Solutions Strengthen National Security and Protect Critical InfrastructureKey Takeaways: Parsons recently demonstrated AI-enabled CUAS solutions which integrated sensor and kinetic effectors.Parsons' expertise in non-kinetic effects (NKE) detect, disrupt, and mitigate single, multi and swarm drone or missile threats.The company delivers CUAS capabilities that are part of a broader C5ISR portfolio, with solutions that scale from site-level defense to regional, theater, and homeland architectures. CHANTILLY, Va., June 10, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) has successfully demonstrated integrated counter-unmanned aircraft system (CUAS) capabilities, showcasing how the company delivers layered, scalable, AI-driven defense that enables autono
- PRParsons Secures a Total of $218 Million on AFRL GARDEM ContractsCHANTILLY, Va., June 09, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), today announced it has secured an additional $73 million contract in support of the Air Force Research Laboratory's (AFRL) Global Application Research, Development, Engineering and Maintenance (GARDEM) mission. The contract is the fourth in support of GARDEM in 2026, bringing Parsons' total awards to $218 million and reinforcing the company's role as a provider of mission-critical digital and data-centric capabilities for the U.S. Air Force. The latest award expands Parsons' responsibilities for research and development and operations and maintenance (O&M) across GARDEM 2 enterprise platform and mission appl
- PRParsons Marks Groundbreaking of Major Interchange Improvements Project in ConnecticutCHANTILLY, Va., June 08, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) recently joined the Connecticut Department of Transportation (CTDOT), federal partners, and community leaders to mark the groundbreaking of the I-91/I-691/Route 15 Interchange Improvements Project in Meriden, Connecticut. Parsons is serving as the engineer of record and the prime design consultant, providing comprehensive engineering services from final design through design services during construction support. The company is working closely with CTDOT and project partners to ensure design integrity, efficient issue resolution, and alignment with rigorous safety, quality, and performance standards by applyin
- PRParsons Accelerates Mission Success with Advanced AIKey Takeaways: Parsons is a proven AI leader with 20+ years of operational experience.Parsons delivers scalable, real‑world AI applications across national security and infrastructure.AI‑enabled solutions such as autonomous cyber, counter‑UAS detection, electronic warfare planning, and the intelligent network (iNET®) smart mobility platform are generating revenue, driving margin expansion, and strengthening Parsons' competitive positioning. CHANTILLY, Va., June 04, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) today spotlighted its expanding suite of artificial intelligence (AI) capabilities that are accelerating mission outcomes and driving growth across its Federal Solutions
- PRParsons Secures $28 Million U.S. Air Force Task Order Supporting AFRL's GARDEM MissionCHANTILLY, Va., June 03, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), a leading disruptive technology provider supporting national security missions across all domains, announced today it has been awarded a $28 million task order from the U.S. Air Force to provide comprehensive Field Site Support under the Global Application Research, Development, Engineering, and Maintenance (GARDEM) 2 program. This task order is one of the four Parsons secured in 2026 in support of the AFRL's GARDEM program, bringing Parsons' total awards to $218 million and reinforcing the company's role as a provider of mission-critical digital and data-centric capabilities for the U.S. Air Force. Under th
- PRSealingTech, a Parsons' company, Amplifies Operator Performance and Automation at the Edge with Zepharis™ Software Suite and AIHighlightsZepharis Software Suite advances SealingTech's approach to delivering "deployable anywhere" solutions by bringing a unified software line to our high-performance edge compute products.Within the suite, Zepharis AI incorporates powerful agents and retrieval-augmented generation (RAG) technology, improving efficiency and operational success.Zepharis Kit Deployer accelerates deployment from days to hours, resulting in faster mission readiness.COLUMBIA, Md., June 2, 2026 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE:PSN), and trusted provider of high-performance hardware and deployable technologies, introduces the Zepharis™ Software Suite. Zeph
- SECSEC Form SD filed by Parsons CorporationSD - PARSONS CORP (0000275880) (Filer)
- PRParsons Advances U.S. Air Force Innovation With $99 Million Task OrderCHANTILLY, Va., June 01, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was awarded a $99 million single-award task order to provide research, development, engineering, prototyping, integration, testing, and demonstration of technologies in support of Global Application Research, Development, Engineering and Maintenance 2 (GARDEM 2) Command and Control, Space and Intelligence, Surveillance & Reconnaissance (C2-SpISR) software baselines. The award from the U.S. Air Force Research Laboratory (AFRL) includes a five-year plus two-month performance period and expands Parsons' leadership in delivering advanced software solutions across the all-domain bat
- ANALYSTBNP Paribas Exane initiated coverage on ParsonsBNP Paribas Exane initiated coverage of Parsons with a rating of Underperform
- PRParsons Celebrates the Opening of D Line Subway Extension Section 1CHANTILLY, Va., May 19, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the Los Angeles County Transportation Authority (Metro) has opened the D Line Subway Extension Section 1 project. The D Line Extension project is being built in three sections and will ultimately extend the transit system westward for about nine miles under Wilshire Boulevard. Section 1 includes the design and construction of 3.9 miles of subway from the current terminus at Wilshire/Western in the city of Los Angeles to the city of Beverly Hills with three new underground stations at La Brea, Fairfax, and La Cienega. Parsons served as lead designer for Section 1 and performed design managem
- INSIDERDirector Ball George L. bought $500,000 worth of shares (10,000 units at $50.00), increasing direct ownership by 7% to 150,383 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
- INSIDERDirector Holdsworth Mark Keith bought $512,673 worth of shares (10,000 units at $51.27), increasing direct ownership by 33% to 39,918 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
- INSIDERDirector Mcmahon Harry T. bought $491,400 worth of shares (10,000 units at $49.14), increasing direct ownership by 19% to 61,582 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
PSN FAQ
7 questionsWhat does Parsons Corporation do?
Parsons Corporation provides technology based solutions in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cyber security and intelligence services, as well as offensive and defensive cybersecurity platforms, tools, and operations to U.S. Department of Defense and the United States intelligence community; space and geospatial solutions, such as geospatial intelligence, threat analytics, space situational awareness, small...Where does PSN stock trade?
Parsons Corporation (PSN) is listed on NYSE.What sector and industry is PSN in?
Parsons Corporation operates in the Technology sector, EDP Services industry.When did Parsons Corporation go public?
Parsons Corporation (PSN) completed its IPO in 2019.What are analysts saying about PSN?
Parsons Corporation has had 8 recent analyst actions on file. The most recent action was from BNP Paribas Exane: Underperform on 2026-05-26.What companies are similar to PSN?
Notable peers in the same industry include NEE (NextEra Energy Inc.), PDD (PDD Holdings Inc.), INFY (Infosys Limited), WDAY (Workday Inc.), DASH (DoorDash Inc.). Compare PSN side-by-side with any of them on Quantisnow.How can I track PSN on Quantisnow?
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