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Stock impact report

Parsons Awarded Contract to Modernize U.S. Coast Guard Biometrics System

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded an indefinite delivery indefinite quantity contract to modernize the U.S. Coast Guard’s (USCG) Biometrics at Sea System (BASS 2.0). The BASS platform is a critical tool for maritime law enforcement operations and enables the Coast Guard to collect and analyze biometric data, including fingerprints and facial recognition, to verify identities, recognize threats, and enhance security by connecting to national and international databases. This award has a five-year performance period and represents new work for the company. “Parsons is proud to partner with the U.S. Coast Guard on this vital modernization effort that will enhance operational efficiency and expand biometric capabilities to meet the evolving needs of maritime law enforcement and national security,” said Jon Moretta, president, Engineered Systems for Parsons. “Our team is committed to delivering Show less Read more
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