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Stock impact report

GSIA-Parsons Joint Venture Awarded $25 Million US Coast Guard Program Management Contract

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., April 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company’s joint venture (JV) with GSI Americas Inc. (GSIA) was awarded a $25 million contract by the United States Coast Guard (USCG) for program management services. This new work for the company includes a one-year base period of performance and four one-year option periods. Under this contract, the team will provide program management services that advance the USCG’s Force Design 2028 Execution Plan, the single largest capital investment in the Coast Guard’s history. The plan will deliver transformational upgrades across Coast Guard assets, technology, and shore infrastructure, supported by $24.5?billion to recapitalize platforms and systems, modernize training centers, and enhance mission-critical operational capacity. “We look forward to leveraging our team’s combined global program management experience and project delivery success to support the U.S. Coast Guard in th Show less Read more
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