Parsons Corporation Common Stock (PSN)
58.38
+0.87 (1.51%)
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.

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Parsons Corporation and Perpetua Resources Corp. (NASDAQPPTA). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
By Bragar Eagel & Squire · Via GlobeNewswire · March 3, 2025

AI-Powered Targeting Sensor Enhances Rapid and Precise Target Identification
By Parsons Services Company · Via GlobeNewswire · March 3, 2025

NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Parsons Corporation (“Parsons” or the “Company”) (NYSEPSN) on behalf of Parsons stockholders. Our investigation concerns whether Parsons has violated the federal securities laws and/or engaged in other unlawful business practices.
By Bragar Eagel & Squire · Via GlobeNewswire · February 21, 2025

Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Parsons Corporation (“Parsons” or the “Company”) (NYSEPSN) investors concerning the Company’s possible violations of the federal securities laws.
By Glancy Prongay & Murray LLP · Via Business Wire · February 20, 2025

Law Offices of Howard G. Smith announces an investigation on behalf of Parsons Corporation (“Parsons” or the “Company”) (NYSEPSN) investors concerning the Company’s possible violations of federal securities laws.
By Law Offices of Howard G. Smith · Via Business Wire · February 20, 2025

The Law Offices of Frank R. Cruz announces an investigation of Parsons Corporation (“Parsons” or the “Company”) (NYSEPSN) on behalf of investors concerning the Company’s possible violations of federal securities laws.
By The Law Offices of Frank R. Cruz · Via Business Wire · February 19, 2025

Fourth Quarter Financial Highlights
By Parsons Services Company · Via GlobeNewswire · February 19, 2025

Acquisition strategically enhances Parsons’ cross-segment environmental remediation capabilities
By Parsons Services Company · Via GlobeNewswire · February 4, 2025

CHANTILLY, Va., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) 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.
By Parsons Services Company · Via GlobeNewswire · January 23, 2025

The scope includes standards for AI/ML adoption and integration into the Army’s Multi-Domain Intelligence Framework and Operations
By Parsons Services Company · Via GlobeNewswire · January 22, 2025

CHANTILLY, Va., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) announced today that it has initiated a task order extension supporting the San Diego Pure Water program. This task order is a component of the eight-year, $110 million contract the Parsons-led joint venture with Black & Veatch was awarded in 2018 to provide comprehensive construction management services for treatment plants and associated facilities integral to the Pure Water Program.
By Parsons Services Company · Via GlobeNewswire · January 15, 2025

CHANTILLY, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) 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.
By Parsons Services Company · Via GlobeNewswire · January 6, 2025

CHANTILLY, Va., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) announced today that a team consisting of AECOM, Parsons, STV, Turner & Townsend, Ardmore Roderick, and CAS Consulting (LINC Austin) was selected by the Austin Transit Partnership as Delivery Partner for the $7 billion Austin Light Rail project. Under the initial four-year contract, LINC Austin will provide program and project management, construction management, and technical expert services during the planning, design, procurement, construction, and post-construction phases of the Austin Light Rail project.
By Parsons Services Company · Via GlobeNewswire · December 30, 2024

CHANTILLY, Va., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) announced today that the company was awarded the LTC Hernan G. Pesquera Army Reserve Center Microgrid contract by the United States Army Corps of Engineers (USACE) Louisville District. The $20 million contract, including base plus options, to enhance energy resilience and sustainability for the Pesquera Army Reserve Center in Puerto Rico consists of a 610-day period of performance and is new work for the company.
By Parsons Services Company · Via GlobeNewswire · December 18, 2024

Milestone Event Combines Autonomous Systems and Threat Emulation Capabilities
By Parsons Services Company · Via GlobeNewswire · December 16, 2024

CHANTILLY, Va. , Dec. 11, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) announced today that California Department of Transportation (Caltrans) has selected the company to perform professional and technical services. This $23 million contract will provide “as needed” engineering and inspection services for structure construction projects in Caltrans Districts 1, 2, and 3-North.
By Parsons Services Company · Via GlobeNewswire · December 11, 2024

CHANTILLY, Va., Dec. 10, 2024 (GLOBE NEWSWIRE) -- (December 10, 2024) – Parsons Corporation (NYSEPSN) announced today that the company has formed a joint venture with V2X named Polar Science Alliance (PSA), LLC to pursue the National Science Foundation’s (NSF) Antarctic Science and Engineering Support Contract (ASESC). This mission-critical $8 billion ceiling value single-award indefinite-delivery, indefinite-quantity contract will enable world-class scientific research support services for the United States Antarctic Program (USAP) over the next two decades.
By Parsons Services Company · Via GlobeNewswire · December 10, 2024

CHANTILLY, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) 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.
By Parsons Services Company · Via GlobeNewswire · December 9, 2024

CHANTILLY, Va., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) announced today that the Port Authority of New York and New Jersey (PANYNJ) has selected the Tutor/O&G joint venture (JV) team, with Parsons as the lead designer, for the Newark AirTrain Replacement Program – Guideway and Stations project. The $1.18 billion project is a critical component of the modernization of Newark Liberty International Airport (EWR) and will replace the existing, aging AirTrain system with a state-of-the-art automated people mover (APM) to better serve the airport's growing passenger needs.
By Parsons Services Company · Via GlobeNewswire · December 5, 2024

CHANTILLY, Va., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) and Globalstar (NYSE American: GSAT) announce their exclusive partnership to support the public, government, and defense sectors. The partnership also includes the successful demonstration of Parsons’ software-defined satellite communications solution using Globalstar’s Low Earth Orbit (LEO) satellite constellation.
By Parsons Services Company · Via GlobeNewswire · December 3, 2024

CHANTILLY, Va., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN), 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.
By Parsons Services Company · Via GlobeNewswire · December 2, 2024

CHANTILLY, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) announced today that Kicking Horse Canyon Phase 4 (KHCP4), a transformative infrastructure initiative in British Columbia (BC), Canada, has been awarded the prestigious 2024 Global Best Project Award in the Road/Highway category by Engineering News-Record (ENR). Led by Kicking Horse Canyon Constructors – a joint venture between Aecon Constructors, Parsons Corporation, and Emil Anderson Construction – the project was delivered in partnership with the Transportation Investment Corporation and the BC Ministry of Transportation and Infrastructure.
By Parsons Services Company · Via GlobeNewswire · November 19, 2024

CHANTILLY, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) announced today that the Tennessee Department of Transportation (TDOT) has selected the company to serve as lead designer for the proposed America’s River Crossing project, a pivotal infrastructure project aimed at enhancing transportation connectivity and economic growth in the Memphis region. This contract win marks a significant milestone for Parsons, further solidifying its position as a leader in long-span bridge design.
By Parsons Services Company · Via GlobeNewswire · November 13, 2024

CHANTILLY, Va., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSEPSN) has launched the latest version of its DERMS solutions platform, a distributed energy resource (DER) management system and IoT platform. This open standards-based system, available as SaaS or enterprise landed, revolutionizes the integration and realization of the environmental and economic benefits of renewable energy also known as DERs that include solar panels, wind turbines, energy storage, electric batteries, thermostat controllers and building energy systems.
By Parsons Services Company · Via GlobeNewswire · November 12, 2024

Acquisition strategically enhances Parsons’ infrastructure capabilities in the Southeast U.S.
By Parsons Services Company · Via GlobeNewswire · November 1, 2024