Parsons(PSN)

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Parsons Wins Seat on $225M U.S. Army Corps of Engineers Contract for Environmental Remediation
GlobeNewswire News Room· 2024-10-17 10:25
CHANTILLY, Va., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on a $225 million multiple award task order contract (MATOC) by the United States Army Corps of Engineers (USACE) Kansas City District. The contract for environmental remediation activities has a one-year base period and four one-year option periods and represents new work for the company. The contract includes projects funded by the Infrastructure Investment and Jobs Act in ...
Parsons Awarded $25M Contracts for Middle East Transportation Projects
GlobeNewswire News Room· 2024-10-16 10:00
CHANTILLY, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company has been awarded two contracts worth $25 million to perform design engineering for a Middle East transportation customer. With the same customer, Parsons has won more than $90 million in contract awards over the last 9 months. Under these contracts, Parsons will lead the design engineering and construction supervision of transportation infrastructure enhancements. The scope includes the developm ...
Parsons Leading PFAS Groundwater Treatment at Burlington Air National Guard Installation
GlobeNewswire News Room· 2024-10-03 20:05
CHANTILLY, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced that the company was selected by the National Guard Bureau to manage the operation and maintenance of a per-and polyfluoroalkyl substances (PFAS) groundwater treatment system at Burlington Air National Guard Base, Vermont. The two-year task order is new work for the company. As part of the contract, Parsons will work to optimize the existing granular activated carbon treatment system by utilizing the company's Water ...
3 Reasons Why Growth Investors Shouldn't Overlook Parsons (PSN)
ZACKS· 2024-10-03 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks G ...
Are You Looking for a Top Momentum Pick? Why Parsons (PSN) is a Great Choice
ZACKS· 2024-10-03 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...
Parsons Awarded Position on $4B Defense Threat Reduction Agency Contract
GlobeNewswire News Room· 2024-10-02 20:05
CHANTILLY, Va., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) by the Defense Threat Reduction Agency (DTRA) to support Countering Weapons Of Mass Destruction (CWMD) objectives. The $4 billion ceiling value contract includes a five-year base period and one five-year option period and is new work for the company. Under this contract, Parso ...
Parsons Delivers Critical Milestone for NOAA's TraCSS Program
GlobeNewswire News Room· 2024-09-30 14:10
CHANTILLY, Va., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), a leading national security solutions company in the space domain, is proud to announce the successful delivery of Phase 1.0, the initial capabilities release for the National Oceanic and Atmospheric Administration's (NOAA) Office of Space Commerce's (OSC) Traffic Coordination System for Space (TraCSS) program. Parsons is the system integration and cloud management services lead for TraCSS, a modern, cloud-based IT system th ...
Parsons to Announce Third Quarter 2024 Financial Results on October 30, 2024
GlobeNewswire News Room· 2024-09-30 11:25
Core Viewpoint - Parsons Corporation is set to release its third quarter 2024 financial results on October 30, 2024, before market opening, followed by a conference call to discuss earnings and strategic initiatives [1]. Group 1: Financial Results Announcement - The third quarter 2024 financial results will be released before the markets open on October 30, 2024 [1]. - A conference call is scheduled for 8:00 a.m. Eastern Time on the same day to discuss the earnings results [1]. Group 2: Investor Relations - Access to the live conference call can be obtained through the Investor Relations section of the company's website [3]. - A replay of the conference call will be available on the company's website approximately two hours after the call and will continue for one year [3]. Group 3: Company Overview - Parsons Corporation is a leading provider of disruptive technology in national security and global infrastructure markets, with capabilities in various sectors including cyber and intelligence, space and missile defense, and critical infrastructure protection [4].
Parsons Corporation Named to S&P MidCap 400
GlobeNewswire News Room· 2024-09-09 20:05
CHANTILLY, Va., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been named to S&P Dow Jones Indices prestigious S&P MidCap 400 Index, effective prior to the open of trading on September 23, 2024. The company, which celebrated its 80th anniversary earlier this year, is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transporta ...
Parsons Supports U.S. Indo-Pacific Defense With $68.5 Million U.S. Army Infrastructure Contract
GlobeNewswire News Room· 2024-09-09 10:25
CHANTILLY, Va., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract by the United States Army Corps of Engineers (USACE) Honolulu District to provide the design-bid-build delivery of new U.S. Army housing units in the Kwajalein Atoll in the Republic of the Marshall Islands. The three-year, $68.5 million single-award contract is new work for the company. Parsons was also selected by the USACE Honolulu District as a successful offeror on t ...