Parsons Awarded Seat On $10 Billion Ceiling Value U.S. Navy Integration and Logistics Support Contract
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: GlobeNewswire
CHANTILLY, Va., Oct. 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on the Worldwide Expeditionary Multiple Award Contract (WEXMAC), Territorial Integrity of the U.S. (TITUS) 2.1 by the U.S. Naval Supply Systems Command. This $10 billion ceiling value Indefinite Delivery Indefinite Quantity (IDIQ) contract provides critical supplies and services to support U.S. military and coalition partner operations, humanitarian assistance, and disaster relief and consists of a five-year base period and one five-year option period. Under this contract, Parsons will compete for task orders to support key U.S. Navy operational requirements such as theater opening, sustainment, distribution, stability operations, and civil support, including Defense Support of Civil Authorities. “This integration and logistics support contract reflects Parsons’ dedication to supporting the U.S. military and its coalition partners in achieving missi
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News
- Parsons (NYSE:PSN) had its price target lowered by analysts at Truist Financial Corporation from $100.00 to $90.00. They now have a "buy" rating on the stock.MarketBeat
- Parsons (NYSE:PSN) was downgraded by analysts at Raymond James Financial, Inc. from a "strong-buy" rating to a "market perform" rating.MarketBeat
- Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency's Efforts to Counter and Mitigate Weapons of Mass Destruction [Yahoo! Finance]Yahoo! Finance
- Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency’s Efforts to Counter and Mitigate Weapons of Mass DestructionGlobeNewswire
- Parsons to Present at Goldman Sachs Industrials and Materials ConferenceGlobeNewswire
PSN
Earnings
- 11/5/25 - Beat
PSN
Sec Filings
- 12/3/25 - Form 8-K
- 11/12/25 - Form SCHEDULE
- 11/5/25 - Form 10-Q
- PSN's page on the SEC website