Price$59.95+0.66 (+1.11%)
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News · 26 weeks111-57%
2025-12-072026-05-31
Mix6190d
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- Insider22(36%)
- SEC Filings5(8%)
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Latest news
25 items- 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)
- PRParsons Awarded Position on $136 Million Air Force ContractCHANTILLY, 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. Under the contract, Parsons will compete for task orders to deliver architect-engineer services supporting a range of infrastructure needs at Hill AFB. The scope of work includes the design, alteration, and repair of airfields, grounds, ro
- INSIDERPresident & CEO Smith Carey A. bought $624,645 worth of shares (12,500 units at $49.97), increasing direct ownership by 2% to 575,376 units (SEC Form 4)4 - PARSONS CORP (0000275880) (Issuer)
- PRParsons to Present at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders ConferenceCHANTILLY, 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. The presentation will be available live via webcast on the investor relations section of Parsons' website (https://investors.parsons.com). A replay of the webcast will be available on the website following the presentation for 30 days. About Parsons Corporation Parsons
- PRParsons Secures $34 Million DTRA Award to Continue Nuclear Enterprise Mission Assurance SupportCHANTILLY, 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. Under the exercised option, Parsons will continue supporting DTRA's Nuclear Enterprise Mission Assurance (NE‑MA) Department through vulnerability assessments, technical support pro
- PRParsons Awarded Position on $2B Military Energy Resilience ProgramCHANTILLY, 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. "Energy resilience is not just an infrastructure priority; it is a mission imperative," said Martin Boson, pres
- PREVERYWHERE Communications Partners with Parsons to Enable Resilient, Beyond-Line-of-Sight Autonomous Drone Operations Under SBIR InitiativeANNAPOLIS, Md., May 4, 2026 /PRNewswire/ -- EVERYWHERE Communications today announced a strategic partnership with Parsons Corporation (NYSE:PSN) to advance next-generation autonomous drone capabilities under a Small Business Innovation Research (SBIR) initiative, focused on enabling reliable operations in disconnected and austere environments. Modern drone systems often depend on continuous connectivity for control and data transmission, limiting their effectiveness in real-world conditions where networks are degraded, denied, or unavailable. This constraint restricts beyond-li
- PRParsons Awarded Contract To Support The Boring Company's Innovative Dubai Loop ProgramCHANTILLY, 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. Under the contract, Parsons will act as TBC's delegated program manager, supporting design-build activities for the project. As part of this agreement, Parsons will provide integrated services, directly supporting TBC with Independent Design Verification, Stakeholder Management, Permitting and NOC Support for the Dubai Loop pilot phase. Parsons
- SECParsons Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - PARSONS CORP (0000275880) (Filer)
- SECSEC Form 10-Q filed by Parsons Corporation10-Q - PARSONS CORP (0000275880) (Filer)
- PRParsons Reports First Quarter 2026 ResultsQ1 2026 Financial Highlights Q1 revenue of $1.5 billion decreased 4% year-over-year and 8% on an organic basisRevenue growth of 8% excluding confidential contract; 3% on an organic basisNet income of $53 million decreased $13 million year-over-yearAdjusted EBITDA increased 1% to $151 million, a Q1 recordAdjusted EBITDA margin expanded 50 basis points to a record 10.1%Cash flow used in operating activities of $4 million, a Q1 recordBook-to-bill ratio of 1.4x in both segments extends company streak of TTM book-to-bill ratio of 1.0x or greater in every quarter since IPOTotal and funded backlog increased to a record $9.3 billion and $6.6 billion, respectivelyReiterating fiscal year 2026 guid
- PRParsons Marks Groundbreaking of SR 400 Express Lanes Project in GeorgiaCHANTILLY, 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. Parsons serves as the lead designer on the SR 400 Peach Partners team, supporting delivery of the approximately $4.6 billion project. The project will add new, dynamically priced express lanes along a 16-mi
- PRThe Three-Layer Counter-UAS Stack: VisionWave Assembles RF + Computer Vision + AI Video Analytics Architecture with Foresight InvestmentIssued on behalf of VisionWave Holdings, Inc.VisionWave Holdings (NASDAQ:VWAV) signs a non-binding term sheet to acquire up to 51% of Foresight Autonomous Holdings (NASDAQ:FRSX), adding camera-based stereo vision and thermal perception to its existing RF sensing core and the xClibre™ AI video intelligence platform — building toward a three-layer counter-UAS architecture targeting its Argus™ platform and intended to reduce false-positive engagement rates.Companies mentioned in this article:VisionWave Holdings, Inc. (NASDAQ:VWAV), Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX), L3Harris Technologies, Inc. (NYSE:LHX), Teledyne Technologies Incorporated (NYSE:TDY), Elbit Systems Ltd. (NASDAQ:E
- PRParsons Demand Response Technology to Optimize and Enable Los Angeles Department of Water & Power's Operations and Strategic PlanCHANTILLY, 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. "Utility providers around the world are reshaping their capacity plans to meet the growing needs driven by the boom of artificial intelligence and data centers," said Mark Fialkowski, president, Infrastructure North America for Parsons. "We take great pride in helping cities around the world deliver resilient energy systems for their populati
- PRMerlin Names Board of Directors Including Former Secretary of the Navy, Amazon's First Chief Accounting Officer, and Former Blue Origin CEOBOSTON, April 16, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (NASDAQ:MRLN), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced the composition of its Board of Directors following the closing of Merlin Labs, Inc.'s business combination with Inflection Point Acquisition Corp. IV and the commencement of trading on the Nasdaq Global Market on March 17, 2026. The Board is composed of seven directors, including founder and CEO Matt George as Chairman, and six directors determined to be independent under Nasdaq listing rules. "Each of our directors brings a distinct and complementary perspective, from serving as Secretary of the
- INSIDERSEC Form 4 filed by Wajsgras David C4 - PARSONS CORP (0000275880) (Issuer)
- INSIDERSEC Form 4 filed by Vautrinot Suzanne M4 - 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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