Welcome to our dedicated page for Parsons news (Ticker: PSN), a resource for investors and traders seeking the latest updates and insights on Parsons stock.
Parsons Corporation provides technology-driven solutions for national security and global infrastructure markets through Federal Solutions and Critical Infrastructure activities. Company news commonly covers U.S. government and defense contract awards, nuclear enterprise mission assurance support, energy resilience and microgrid work, program management, transportation design, and digital infrastructure technologies such as demand response systems and TAK-as-a-Service.
Updates also report quarterly results, backlog, book-to-bill trends, guidance, acquisitions, and project milestones across cyber and electronic warfare, space and missile defense, transportation, water, environment, urban development, and critical infrastructure protection.
Summary not available.
Parsons (NYSE: PSN) secured an additional $73 million contract supporting the Air Force Research Laboratory’s GARDEM mission, its fourth GARDEM award in 2026.
This brings total GARDEM 2 awards to $218 million, expanding R&D and O&M responsibilities and driving migration to Parsons’ LAMP platform for scalable, cost-efficient mission deployment.
Parsons (NYSE: PSN) is serving as engineer of record and prime design consultant for the I-91/I-691/Route 15 Interchange Improvements Project in Meriden, Connecticut.
The approximately $721 million, three-phase CTDOT program aims to improve mobility, enhance safety, reduce congestion, and strengthen long-term reliability along this key transportation corridor.
Parsons (NYSE: PSN) highlighted its expanding artificial intelligence portfolio that supports growth across Federal Solutions and Critical Infrastructure. The company embeds AI in mission‑critical areas like autonomous cyber, counter‑UAS detection, electronic warfare planning, and its iNET smart mobility platform, which has been deployed more than 40 times globally.
According to Parsons, AI‑enabled solutions are generating revenue, driving margin expansion, and contributing to recent $100M+ contract wins. The firm also showcased advanced ISR, Edge AI, spectrum dominance, and space situational awareness capabilities through its PALADIN Lab and Tech Demo Series.
Parsons (NYSE: PSN) received a new $28 million U.S. Air Force task order under the AFRL GARDEM 2 program. This is one of four GARDEM awards in 2026, bringing total awards to $218 million.
The five-year task covers onsite training, system enhancements, integration, testing, deployments, and lifecycle maintenance to support GARDEM 2 software baselines and accelerate advanced technology deployment for Air Force missions.
Parsons (NYSE: PSN) company SealingTech launched the Zepharis Software Suite, enhancing operator performance and automation at the edge in fully air-gapped environments.
The suite includes Zepharis AI for on-demand, context-aware assistance and Zepharis Kit Deployer, which cuts deployment timelines from days to hours.
Parsons (NYSE: PSN) received a $99 million, single-award task order from the U.S. Air Force Research Laboratory to support GARDEM 2 C2-SpISR software baselines.
The ALLIANT 2 follow-on runs for five years plus two months and extends Parsons’ role developing, integrating, testing, demonstrating, and sustaining command and control and space-based ISR technologies, including C2Core Air, C2Core NetOps, National Tactical Data Manager, and Integrated Solutions to Situational Awareness.
Parsons (NYSE: PSN) announced the opening of the Los Angeles Metro D Line Subway Extension Section 1, where the company served as lead designer. The 3.9-mile extension runs from Wilshire/Western to Beverly Hills with three new underground stations at La Brea, Fairfax, and La Cienega.
The full D Line Extension will span about nine miles under Wilshire Boulevard and is intended to ease congestion, improve air quality, and expand access to major cultural institutions, according to Parsons.
Parsons (NYSE: PSN) was selected by the U.S. Air Force and the 75th Civil Engineer Group at Hill Air Force Base for a multiple award task order contract to provide architect-engineer services.
The contract has a $136 million ceiling, an 8.5-year performance period, and is described as new work for the company. Parsons will compete for task orders covering design, alteration, and repair of infrastructure, plus feasibility, traffic, and cybersecurity-related design services that support secure, resilient installation operations.
Parsons (NYSE: PSN) announced that chair, president and CEO Carey Smith and CFO Matt Ofilos will join a fireside chat at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders Conference on May 13, 2026, at about 2:55 p.m. Eastern Time.
The session will stream live via webcast on Parsons’ investor relations website, with a replay available for 30 days.