STOCK TITAN

Parsons Awarded First DoD Ground-Based Directed Energy Contract

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Parsons Corporation (NYSE:PSN) has secured a $50.6 million contract from the U.S. Air Force to manufacture, integrate, and sustain 13 Recovery of Airbase Denied by Ordnance (RADBO) systems over six years. This innovative system utilizes the ZEUS™ directed energy weapon to safely neutralize unexploded ordnance in hazardous areas. RADBO features a mine-resistant vehicle equipped with a laser and robotic arm, allowing personnel to operate from a safe distance. This contract marks the first DoD ground-based laser system in production, enhancing explosive ordnance disposal capabilities.

Positive
  • Awarded $50.6 million contract from U.S. Air Force.
  • First DoD ground-based laser system in production.
  • ZEUS™ system enhances safety by allowing remote operation.
  • Improves explosive ordnance disposal efficiency.
Negative
  • None.

CENTREVILLE, Va., Oct. 1, 2020 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) has been awarded a $50.6 million, six-year contract by the U.S. Air Force for the manufacturing, integration and sustainment of 13 Recovery of Airbase Denied by Ordnance (RADBO) systems. RADBO employs the Parsons developed ZEUS™ directed energy system to destroy unexploded ordinance with extreme accuracy in previously denied areas and improves the safety of deployed warfighters.

"This is Parsons innovation: delivering a game changing warfighting product," said Hector Cuevas, Parsons executive vice president of missile defense and C5ISR. "We're proud to partner with the Air Force in deploying this critical force protection and mission enabling technology that will greatly increase safe and effective explosive ordnance disposal operations."

The program is the first Department of Defense (DoD) ground-based laser system placed into production. RADBO is comprised of three main components: the mine resistant ambush protected (MRAP) vehicle, a ZEUS™ laser, and an interrogation arm assembly. Air Force explosive ordnance disposal personnel can operate the laser and robotic arm from the safety of the MRAP to rapidly clear multiple unexploded ordnance from airfields. Parsons is the original equipment manufacturer of the ZEUS™ laser.

The ZEUS™ laser can hit targets more than 300 meters away from the vehicle and is powerful enough to detonate small submunitions from cluster bombs, land mines, general purposed bombs and thick-cased artillery rounds.

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.

Media Contact:
Bryce McDevitt
+1 703.851.4425
Bryce.McDevitt@Parsons.com

Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
Dave.Spille@parsons.com

Parsons Quest Mark Logo (PRNewsfoto/Parsons Corporation)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/parsons-awarded-first-dod-ground-based-directed-energy-contract-301144442.html

SOURCE Parsons Corporation

FAQ

What is the contract value awarded to Parsons Corporation by the U.S. Air Force?

Parsons Corporation was awarded a contract valued at $50.6 million.

What is the purpose of the RADBO systems awarded to Parsons?

The RADBO systems are designed for the manufacturing, integration, and sustainment of remote explosive ordnance disposal capabilities.

What technology does the RADBO system employ?

The RADBO system utilizes the ZEUS™ directed energy system for precise destruction of unexploded ordnance.

How does the RADBO system enhance safety for Air Force personnel?

The system allows personnel to operate the laser and robotic arm from a mine-resistant vehicle, ensuring they are at a safe distance.

What are the main components of the RADBO system?

The RADBO system includes a mine-resistant ambush protected (MRAP) vehicle, a ZEUS™ laser, and an interrogation arm assembly.

Parsons Corporation

NYSE:PSN

PSN Rankings

PSN Latest News

PSN Stock Data

10.33B
106.19M
0.88%
102.71%
2.93%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
CENTREVILLE