Parsons Selected for $1B Sound Transit MATOC to Support Regional Transit Expansion
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: GlobeNewswire
CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced the company has secured a position on Sound Transit’s 2025 $1 billion ceiling Multiple Award Task Order Contract (MATOC) for design services. This five-year contract, with two potential one-year extensions, will support Sound Transit’s $60 billion capital program—one of the largest transportation infrastructure initiatives in North America. Under this MATOC, Parsons will provide architecture, engineering, and related services for a wide range of projects, including light rail extensions, system resiliency and sustainability improvements, and state of good repair initiatives. "This award reflects our deep understanding of Sound Transit’s system and our proven ability to deliver innovative, cost-effective solutions for complex transit programs," said Mark Fialkowski, president, Infrastructure North America Parsons. "We’re proud to continue supporting the Puget Sound region’s ambitious mobilit
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News
- Parsons Selected for $1B Sound Transit MATOC to Support Regional Transit Expansion [Yahoo! Finance]Yahoo! Finance
- Parsons Selected As Lead Designer For $441 Million I-70 Rocheport To Columbia Design-Build ProjectGlobeNewswire
- Parsons to Present at the Raymond James TMT and Consumer Conference [Yahoo! Finance]Yahoo! Finance
- Parsons to Present at the Raymond James TMT and Consumer ConferenceGlobeNewswire
- 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
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