Parsons Increasing Production of U.S. Air Force's RADBO System [Yahoo! Finance]
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: Yahoo! Finance
CHANTILLY, Va., April 25, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been awarded a $63 million, firm-fixed-price contract modification to its Recovery of Airbase Denied by Ordnance (RADBO) production contract by the U.S. Air Force Life Cycle Management Center. This modification brings the total number of Air Force RADBO systems to 29. The RADBO system, which includes Parsons' ZEUS® directed energy system, provides explosive ordnance personnel improved safety by allowing the destruction of unexploded ordnance from the interior of Mine-Resistant Ambush Protected (MRAP) vehicles at distances that can exceed 300 meters in optimal conditions. The system was recently used operationally at the trilateral joint exercise Cope North 24 in the Indo-Pacific region, where it demonstrated 100 percent effectiveness and successful mission accomplishment of rapid airfield clearance after an attack. The system's history underscores its precision at
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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