Parsons Corp is a technology-driven engineering and construction firm that specializes in providing services to the defense, security, and infrastructure sectors. The company focuses on delivering innovative solutions to complex challenges, leveraging advanced technologies and data analytics to enhance project outcomes. Parsons’ expertise spans a wide range of capabilities, including cybersecurity, intelligence analysis, and systems engineering, thereby playing a pivotal role in modernizing critical infrastructure and safeguarding national interests. With a commitment to sustainability and community engagement, Parsons aims to create lasting impacts through its projects and solutions, contributing to the safety and resilience of communities worldwide. Read More
CHANTILLY, 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.
CHANTILLY, 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 battlespace.
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CHANTILLY, 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 management and final design.
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CHANTILLY, Va., May 12, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the United States Air Force (USAF) and its 75th Civil Engineer Group at Hill Air Force Base for a multiple award task order contract (MATOC) to provide architect-engineer services across the installation. The $136 million ceiling value contract consists of an 8.5-year performance period and represents new work for the company.
CHANTILLY, Va., May 11, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders Conference on Wednesday, May 13, 2026, at approximately 2:55 p.m. Eastern Time.
CHANTILLY, Va., May 07, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Defense Threat Reduction Agency (DTRA) has exercised Option Year 3 on the Vulnerability Assessments task order under the agency’s $170 million ceiling value Assessments, Exercises, Modeling and Simulation Support (AEMSS) IDIQ. The option year has a value of $34 million, with a one-year performance period. Originally awarded in 2023, DTRA has now exercised three of the four option years available on the IDIQ.
CHANTILLY, Va., May 05, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on a $2 billion multiple award task order contract (MATOC) by the U.S. Army Corps of Engineers (USACE) to deliver energy resilience and infrastructure modernization projects at military installations nationwide. The contract supporting the Department of War (DoW) Energy Resilience and Conservation Investment Program (ERCIP) has a three-year base performance period and seven one-year option periods. This award represents new work for the company.
CHANTILLY, Va., May 04, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a contract by The Boring Company (TBC) to provide professional services in support of the Dubai Loop project, an underground transportation initiative being developed in Dubai, United Arab Emirates. This 9-month contract represents new work for Parsons.
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CHANTILLY, Va., April 27, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) joined the Georgia Department of Transportation (GDOT), the State Road and Tollway Authority (SRTA), project partners, and community leaders to mark the groundbreaking of the State Route 400 (SR 400) Express Lanes Project on April 22. SR 400 is the largest transportation infrastructure project in Georgia’s history and the largest transportation public-private partnership (P3) project in the United States.
CHANTILLY, Va., April 20, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the Los Angeles Department of Water & Power (LADWP) to provide demand response technology, integration, and services to help manage and optimize the operation of distributed energy sources within the electrical grid.
