Parsons Awarded Contract to Compete for Potential $68 Million U.S. Navy Contract
Parsons Corporation (NYSE: PSN) has secured a contract to vie for a potential $68 million award supporting the Naval Information Warfare Center Pacific over a three-year period, with four possible one-year extensions. The contract focuses on enhancing command, control, communications, computer, and intelligence (C4I) systems. The company will utilize its technological expertise in areas like artificial intelligence and cyber operations to bolster military communications. CEO Christopher Bush emphasizes the importance of adapting to escalating threats for national security.
- Potential $68 million contract win supporting defense communications.
- Three-year base period with four optional extensions.
- Expansion of partnership with the Navy and Department of Defense.
- Utilization of advanced technologies like AI and cyber operations.
- None.
CENTREVILLE, Va., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has won a contract to compete for a potential
“As threats from the adversary become more complex, it is essential for our military’s strategic communications systems to be prepared across afloat, ashore, airborne, and submerged platforms,” said Christopher Bush, senior vice president of Parsons’ defense business. “We are excited to partner with the Navy, DoD, and other agencies as we expand our footprint with NIWC Pacific in support of the warfighter, national security, and the defense of our country.”
The Parsons team will leverage their broad experience in innovative technology to provide support in technology insertion, software and systems engineering, modeling and simulation, model-based systems engineering, network engineering, installation and testing, and integrated logistics in support of information technology, and C4I efforts.
Parsons has developed innovative technologies to enhance C4I and dominate the all-domain battlespace. Leveraging expertise in DevSecOps, artificial intelligence and machine learning, hypersonics, cyber, and space and geospatial operations, Parsons continues to provide integrated solutions to customers across the national security market.
To learn more about Parsons all-domain solutions, please visit: www.parsons.com/markets/defense/
About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we’re making an impact.
Forward-Looking Statements
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Media Contact:
Crystalyn Koch
+ 1 719.648.8320
Crystalyn.Koch@parsons.com
Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
Dave.Spille@parsons.com
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