What to know about the air traffic control overhaul and the company FAA hired to manage it [Yahoo! Finance Canada]
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: Yahoo! Finance Canada
Transportation Secretary Sean Duffy said Thursday evening that Peraton was chosen in the hope that its innovative approach will make it possible to complete the upgrades within the next three years before the end of President Donald Trump's term in office ends. Peraton was chosen over Parsons Corp., which does have extensive experience with FAA contracts. “Working together, we are going to build on the incredible progress we've already made and deliver a state-of-the-art air traffic control system that the American traveling public — and our hard-working air traffic controllers — deserve,” Duffy said in the announcement. Here's what to know about the modernization project and the company hired to oversee it: A $12.5 billion down payment on the project Earlier this year, Congress approved $12.5 billion as a down payment on the project after technical problems twice knocked out the radar for air traffic controllers managing planes around Newark Liberty International Airport. Th
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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