BAE Systems Selects Parsons For Modernization Project At Radford Army Ammunition Plant; Under This 2-Year, $15.4M Contract, Parsons Will Prepare A Series Of Preliminary Design Packages For The RFAAP Manufacturing Facility

7/16/24 3:19:48 PM ET

EDP Services

Technology

Get the next $PSN alert in real time by email

BAE Systems (LON: BA) has selected Parsons Corporation (NYSE:PSN), a leading national security and global infrastructure company, to begin initial designs for the modernization of the Alternate Nitrate Ester Manufacturing Facility at the Radford Army Ammunition Plant (RFAAP). Under this two-year, $15.4 million contract, Parsons will prepare a series of preliminary design packages for the RFAAP manufacturing facility.

Get the next $PSN alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$PSN

Date	Price Target	Rating	Analyst
1/23/2025		Outperform → Mkt Perform	William Blair
1/2/2025		Outperform → Mkt Perform	Raymond James
12/12/2024	$103.00 → $111.00	Neutral → Buy	Goldman
10/23/2024	$115.00	Strong Buy → Outperform	Raymond James
5/3/2024	$77.00 → $90.00	Hold → Buy	TD Cowen
5/1/2024	$82.00 → $95.00	Outperform → Strong Buy	Raymond James
1/16/2024	$68.00 → $75.00	Neutral → Outperform	Robert W. Baird
1/10/2024	$74.00	Overweight	KeyBanc Capital Markets

More analyst ratings

$PSN
Financials

Live finance-specific insights

Parsons Acquires TRS Group, Inc.
CHANTILLY, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has acquired TRS Group, Inc. (TRS), an environmental solutions firm that specializes in remediation technology, in an all-cash transaction valued at $36 million. This transaction benefits both Parsons' Federal Solutions and Critical Infrastructure segments. Formed in 2000, TRS is an industry leader in per and polyfluoroalkyl substances (PFAS), thermal, and holistic environmental remediation, having cleaned hazardous and toxic substances from soil, groundwater, and fire suppression systems for global clients. The company has successfully completed more than 160 in situ thermal remediati
2/4/25 7:00:00 AM ET
$PSN
EDP Services
Technology
Parsons Awarded Option Year on Confidential Program
CHANTILLY, Va., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was awarded a contract for a one-year option period on a confidential program in January 2025. This contract was noted as pending during the company's third quarter 2024 earnings conference call. About Parsons Parsons (NYSE:PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit parsons.com and follow us on LinkedIn and Facebook to lea
1/23/25 9:26:43 AM ET
$PSN
EDP Services
Technology
Parsons to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 19, 2025
CHANTILLY, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release fourth quarter and fiscal year 2024 financial results before the markets open on Wednesday, February 19, 2025. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives. 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
1/6/25 7:25:00 AM ET
$PSN
EDP Services
Technology

$PSN
Press Releases

Fastest customizable press release news feed in the world

SealingTech Enhances Global Security with New Collaboration in Poland
COLUMBIA, Md., Feb. 13, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE:PSN), and trusted partner in providing powerful edge computing hardware and cybersecurity solutions to protect government entities and private enterprises, proudly announces it has signed an agreement with MAW Telecom International, S.A. (MAW Telecom), a Polish company, to serve as its authorized agent in Poland. This collaboration reinforces SealingTech's commitment to strengthen our international allies' interoperability.The U.S. Department of Commerce and the
2/13/25 8:28:00 AM ET
$PSN
EDP Services
Technology
Parsons Acquires TRS Group, Inc.
CHANTILLY, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has acquired TRS Group, Inc. (TRS), an environmental solutions firm that specializes in remediation technology, in an all-cash transaction valued at $36 million. This transaction benefits both Parsons' Federal Solutions and Critical Infrastructure segments. Formed in 2000, TRS is an industry leader in per and polyfluoroalkyl substances (PFAS), thermal, and holistic environmental remediation, having cleaned hazardous and toxic substances from soil, groundwater, and fire suppression systems for global clients. The company has successfully completed more than 160 in situ thermal remediati
2/4/25 7:00:00 AM ET
$PSN
EDP Services
Technology
SealingTech Achieves Record Production of Cyber-Fly-Away Kits in Q4
The company has delivered more than 500 cyber kits in total COLUMBIA, Md., Jan. 27, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE:PSN), and trusted partner in providing powerful edge computing hardware and cybersecurity solutions to protect U.S. national security and private enterprises, has successfully delivered more than 500 Cyber-Fly-Away kits to U.S. defense and intelligence customers, including record production numbers during its fiscal fourth quarter, ending Dec. 31, 2024. SealingTech has successfully delivered more than 5
1/27/25 4:05:00 PM ET
$PSN
EDP Services
Technology

$PSN
Leadership Updates

Live Leadership Updates

Parsons Ranks 8th on Forbes' Most Trusted Companies in America 2025 List
CHANTILLY, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) was named the 8th Most Trusted Company in America 2025 according to Forbes' listing of the Most Trusted Companies in America. Created in partnership with research companies HundredX, Signal AI and Glassdoor, Forbes' list combines data on a wide range of factors across four categories: employee trust, customer trust, investor trust, and media sentiment. More than 2,000 public companies based in the United States were eligible. Parsons is the only member of its peer group in the top 10. "Every day, our more than 19,000 global employees extend the company's outstanding 80-year history of excellence, innovation,
12/9/24 12:00:00 PM ET
$PSN
EDP Services
Technology
Parsons Awarded $53M 3-Year Contract For Roads Program In Riyadh, Saudi Arabia
CHANTILLY, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company has been awarded a $53 million, three-year contract by the Royal Commission for Riyadh City (RCRC) in Saudi Arabia for program management office (PMO) services on its Main and Ring Roads Program. "We are proud to call the RCRC a long-standing client of ours and are honored to be working on the Main and Ring Roads Program alongside them," said Martin Boson, Senior Vice President and General Manager of Parsons' Saudi Arabian operations. "With Riyadh being the most populated city in Saudi Arabia, the Program plays a fundamental role in facilitating the smooth mobility of people a
12/9/24 6:30:00 AM ET
$PSN
EDP Services
Technology
Riyadh Metro Successfully Delivered by Parsons-Led Joint Venture
CHANTILLY, Va., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), announced today that the official inauguration took place on 27 November 2024 for the $27 billion Riyadh Metro. Parsons is one of three consultants working as part of a Parsons-led joint venture known as the Riyadh Metro Transit Consultants (RMTC), along with Egis and SYSTRA, providing project and construction management on two of the Royal Commission for Riyadh City's (RCRC) Riyadh Metro contracts which Parsons has now successfully delivered. "From its inception, the Riyadh Metro was conceived as a transformative project to reshape urban mobility and dramatically improve the lives of residents and visitors
12/2/24 4:05:00 PM ET
$PSN
EDP Services
Technology

BAE Systems Selects Parsons For Modernization Project At Radford Army Ammunition Plant; Under This 2-Year, $15.4M Contract, Parsons Will Prepare A Series Of Preliminary Design Packages For The RFAAP Manufacturing Facility

Chat with this insight

Recent Analyst Ratings for
$PSN

$PSN
Financials

Live finance-specific insights

Parsons Acquires TRS Group, Inc.

Parsons Awarded Option Year on Confidential Program

Parsons to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 19, 2025

$PSN
Press Releases

Fastest customizable press release news feed in the world

SealingTech Enhances Global Security with New Collaboration in Poland

Parsons Acquires TRS Group, Inc.

SealingTech Achieves Record Production of Cyber-Fly-Away Kits in Q4

$PSN
SEC Filings

SEC Form 10-Q filed by Parsons Corporation

Parsons Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Parsons Corporation

$PSN
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Wajsgras David C was granted 320 shares, increasing direct ownership by 1% to 32,124 units (SEC Form 4)

Director Leer Steven F was granted 431 shares, increasing direct ownership by 2% to 24,720 units (SEC Form 4)

President & CEO Smith Carey A. covered exercise/tax liability with 7,541 shares, decreasing direct ownership by 2% to 318,764 units (SEC Form 4)

$PSN
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Parsons downgraded by William Blair

Parsons downgraded by Raymond James

Parsons upgraded by Goldman with a new price target

$PSN
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Parsons Corporation (Amendment)

SEC Form SC 13G/A filed by Parsons Corporation (Amendment)

SEC Form SC 13G/A filed by Parsons Corporation (Amendment)

$PSN
Leadership Updates

Live Leadership Updates

Parsons Ranks 8th on Forbes' Most Trusted Companies in America 2025 List

Parsons Awarded $53M 3-Year Contract For Roads Program In Riyadh, Saudi Arabia

Riyadh Metro Successfully Delivered by Parsons-Led Joint Venture

BAE Systems Selects Parsons For Modernization Project At Radford Army Ammunition Plant; Under This 2-Year, $15.4M Contract, Parsons Will Prepare A Series Of Preliminary Design Packages For The RFAAP Manufacturing Facility

Chat with this insight

Recent Analyst Ratings for $PSN

$PSN Financials

Live finance-specific insights

Parsons Acquires TRS Group, Inc.

Parsons Awarded Option Year on Confidential Program

Parsons to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 19, 2025

$PSN Press Releases

Fastest customizable press release news feed in the world

SealingTech Enhances Global Security with New Collaboration in Poland

Parsons Acquires TRS Group, Inc.

SealingTech Achieves Record Production of Cyber-Fly-Away Kits in Q4

$PSN SEC Filings

SEC Form 10-Q filed by Parsons Corporation

Parsons Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Parsons Corporation

$PSN Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Wajsgras David C was granted 320 shares, increasing direct ownership by 1% to 32,124 units (SEC Form 4)

Director Leer Steven F was granted 431 shares, increasing direct ownership by 2% to 24,720 units (SEC Form 4)

President & CEO Smith Carey A. covered exercise/tax liability with 7,541 shares, decreasing direct ownership by 2% to 318,764 units (SEC Form 4)

$PSN Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Parsons downgraded by William Blair

Parsons downgraded by Raymond James

Parsons upgraded by Goldman with a new price target

$PSN Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Parsons Corporation (Amendment)

SEC Form SC 13G/A filed by Parsons Corporation (Amendment)

SEC Form SC 13G/A filed by Parsons Corporation (Amendment)

$PSN Leadership Updates

Live Leadership Updates

Parsons Ranks 8th on Forbes' Most Trusted Companies in America 2025 List

Parsons Awarded $53M 3-Year Contract For Roads Program In Riyadh, Saudi Arabia

Riyadh Metro Successfully Delivered by Parsons-Led Joint Venture

Recent Analyst Ratings for
$PSN

$PSN
Financials

$PSN
Press Releases

$PSN
SEC Filings

$PSN
Insider Trading

$PSN
Analyst Ratings

$PSN
Large Ownership Changes

$PSN
Leadership Updates