Parsons Awarded Position on $1B NNSA Counter Nuclear Smuggling System Deployment Contract
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: GlobeNewswire
CHANTILLY, Va., April 03, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on an indefinite-delivery, indefinite-quantity multiple award task order contract by the National Nuclear Security Administration’s (NNSA’s) Office of Nuclear Smuggling Detection and Deterrence (NSDD). The $1 billion ceiling value contract to deploy advanced counter-nuclear smuggling systems globally includes a three-year base period of performance and two, two-year option periods and is new work for the company. Parsons has already been awarded two task orders under this contract, enabling NSDD to build international partner capabilities that prevent radioactive and nuclear material acquisition by malign actors. The contract scope includes tasks associated with design, integration, implementation, communications, logistics, training, and equipment procurement to support the systems’ deployment. “Parsons is a leader in providing innovative nati
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News
- Parsons Co. (NYSE: PSN) was upgraded by analysts at TD Cowen from a "hold" rating to a "buy" rating. They now have a $90.00 price target on the stock, up previously from $77.00.MarketBeat
- Parsons Corporation (NYSE:PSN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Parsons Co. (NYSE: PSN) had its price target raised by analysts at Robert W. Baird from $85.00 to $89.00. They now have an "outperform" rating on the stock.MarketBeat
- Parsons Co. (NYSE: PSN) was upgraded by analysts at Raymond James from an "outperform" rating to a "strong-buy" rating. They now have a $95.00 price target on the stock, up previously from $82.00.MarketBeat
- Parsons (PSN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
PSN
Earnings
- 5/1/24 - Beat
PSN
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/22/24 - Form 8-K
- PSN's page on the SEC website