Parsons Awarded $88M to Provide Systems Engineering and Integration Solutions for U.S. Air Forces in Europe and Africa Air Base Air Defense
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: GlobeNewswire
CHANTILLY, Va., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded an $88 million single-award Task Order contract over three years to support the U.S. Air Forces in Europe - Air Forces Africa (USAFE-AFAFRICA) Air Base Air Defense (ABAD) mission at Ramstein Air Base, Germany. This award brings the company’s total value under the ABAD contract to $192 million in 2025. “Our success on the ABAD mission draws from our team’s experience and proven track record, with this task order reinforcing our commitment to delivering cutting-edge technology solutions and expert support,” said Mike Kushin, president, Defense and Intelligence for Parsons. “We are a trusted leader in enhancing air base security and effectiveness, and we are dedicated to continuing that legacy to secure America’s assets and defend our soldiers overseas.” The company will deliver a comprehensive scope of work encompassing advanced equipment procurement and configuration, seamless systems
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PSN
News
- Parsons (NYSE:PSN) had its price target lowered by analysts at Stifel Nicolaus from $94.00 to $90.00. They now have a "buy" rating on the stock.MarketBeat
- Parsons (NYSE:PSN) was upgraded by analysts at Barclays PLC to a "strong-buy" rating.MarketBeat
- Parsons Selected to Design San Antonio’s New VIA Rapid Silver LineGlobeNewswire
- Parsons Corporation Awarded Position On $151 Billion MDA SHIELD ContractGlobeNewswire
- Parsons Awarded $30M Contract to Enhance Support to DARPA Blackjack Space MissionGlobeNewswire
PSN
Earnings
- 11/5/25 - Beat
PSN
Sec Filings
- 12/22/25 - Form 4
- 12/19/25 - Form 4
- 12/19/25 - Form 3
- PSN's page on the SEC website