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Parsons Expands Artificial Intelligence Portfolio to Support US Army’s Project Linchpin

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Parsons (NYSE: PSN) has entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Army C5ISR Center to support Project Linchpin, the Army's emerging Artificial Intelligence and Machine Learning (AI/ML) Program. Under the agreement, Parsons will analyze datasets, models, and deployment scenarios to establish metrics, specifications, and governance for AI/ML operational use cases.

The company will collaborate with C5ISR and Project Linchpin to develop deployment and model monitoring standards, supporting streamlined ML operations across the Army community. Project Linchpin, led by the Army's Program Executive Office for Intelligence, Electronic Warfare, and Sensors, aims to deliver trusted AI capabilities across the Army enterprise through its AIOps+ ecosystem.

Parsons brings experience from previous AI/ML implementations, including Project Maven from 2017, and has a history of supporting the Army and other DoD partners in integrating emerging technologies.

Parsons (NYSE: PSN) ha stipulato un Accordo di Ricerca e Sviluppo Cooperativo (CRADA) con il Centro C5ISR dell'Esercito degli Stati Uniti per supportare Project Linchpin, il programma emergente di Intelligenza Artificiale e Apprendimento Automatico (AI/ML) dell'Esercito. In base all'accordo, Parsons analizzerà dataset, modelli e scenari di implementazione per stabilire metriche, specifiche e governance per i casi d'uso operativi di AI/ML.

La società collaborerà con C5ISR e Project Linchpin per sviluppare standard di monitoraggio dei modelli e di implementazione, supportando operazioni ML semplificate in tutta la comunità dell'Esercito. Project Linchpin, guidato dall'Ufficio Esecutivo del Programma per l'Intelligenza, la Guerra Elettronica e i Sensori dell'Esercito, mira a fornire capacità di AI affidabile in tutta l'impresa dell'Esercito attraverso il suo ecosistema AIOps+.

Parsons porta con sé esperienza da implementazioni precedenti di AI/ML, incluso Project Maven del 2017, e ha un passato di supporto all'Esercito e ad altri partner del DoD nell'integrazione di tecnologie emergenti.

Parsons (NYSE: PSN) ha firmado un Acuerdo de Investigación y Desarrollo Cooperativo (CRADA) con el Centro C5ISR del Ejército de los EE. UU. para apoyar Project Linchpin, el programa emergente de Inteligencia Artificial y Aprendizaje Automático (AI/ML) del Ejército. Según el acuerdo, Parsons analizará conjuntos de datos, modelos y escenarios de implementación para establecer métricas, especificaciones y gobernanza para los casos de uso operativos de AI/ML.

La empresa colaborará con C5ISR y Project Linchpin para desarrollar estándares de monitoreo de modelos y despliegue, apoyando operaciones de ML optimizadas en toda la comunidad del Ejército. Project Linchpin, liderado por la Oficina Ejecutiva del Programa de Inteligencia, Guerra Electrónica y Sensores del Ejército, tiene como objetivo proporcionar capacidades de AI confiables en toda la empresa del Ejército a través de su ecosistema AIOps+.

Parsons aporta experiencia de implementaciones previas de AI/ML, incluyendo Project Maven de 2017, y tiene un historial de apoyo al Ejército y otros socios del DoD en la integración de tecnologías emergentes.

Parsons (NYSE: PSN)는 미국 육군 C5ISR 센터와 협력 연구 및 개발 협정(CRADA)을 체결하고 Project Linchpin을 지원하게 되었습니다. 이는 육군의 신흥 인공지능 및 기계 학습(AI/ML) 프로그램입니다. 이 협정에 따라 Parsons는 데이터 세트, 모델 및 배포 시나리오를 분석하여 AI/ML 운영 사용 사례에 대한 메트릭, 사양 및 거버넌스를 설정합니다.

회사는 C5ISR 및 Project Linchpin과 협력하여 모델 및 배포 모니터링 표준을 개발하여 육군 커뮤니티 전반에 걸쳐 간소화된 ML 작업을 지원합니다. Project Linchpin은 육군의 정보, 전자전 및 센서 프로그램 집행 사무소에서 주도하며, AIOps+ 생태계를 통해 육군 전반에 신뢰할 수 있는 AI 기능을 제공하는 것이 목표입니다.

Parsons는 2017년의 Project Maven을 포함한 이전 AI/ML 구현 경험을 보유하고 있으며, 신기술 통합에 있어 육군 및 기타 국방부 파트너를 지속적으로 지원해 왔습니다.

Parsons (NYSE: PSN) a conclu un Accord de recherche et de développement coopératif (CRADA) avec le Centre C5ISR de l'Armée américaine pour soutenir Project Linchpin, le programme émergent d'intelligence artificielle et d'apprentissage automatique (AI/ML) de l'Armée. Dans le cadre de cet accord, Parsons analysera des ensembles de données, des modèles et des scénarios de déploiement afin d'établir des métriques, des spécifications et une gouvernance pour les cas d'utilisation opérationnels de l'AI/ML.

L'entreprise collaborera avec C5ISR et Project Linchpin pour développer des normes de surveillance des modèles et de déploiement, soutenant ainsi des opérations de ML rationalisées au sein de la communauté militaire. Project Linchpin, dirigé par le Bureau exécutif du programme pour le renseignement, la guerre électronique et les capteurs de l'Armée, vise à fournir des capacités d'IA fiables dans toute l'entreprise de l'Armée via son écosystème AIOps+.

Parsons apporte une expérience issue de précédentes mises en œuvre de l'AI/ML, y compris Project Maven de 2017, et possède un historique de soutien à l'Armée et à d'autres partenaires du DoD dans l'intégration des technologies émergentes.

Parsons (NYSE: PSN) hat eine Kooperative Forschungs- und Entwicklungsvereinbarung (CRADA) mit dem C5ISR-Zentrum der US-Armee unterzeichnet, um Project Linchpin, das aufkommende Programm für Künstliche Intelligenz und Maschinelles Lernen (AI/ML) der Armee, zu unterstützen. Im Rahmen der Vereinbarung wird Parsons Datensätze, Modelle und Einsatzszenarien analysieren, um Metriken, Spezifikationen und Governance für AI/ML-Betriebsanwendungsfälle festzulegen.

Das Unternehmen wird mit C5ISR und Project Linchpin zusammenarbeiten, um Standards für die Modellüberwachung und den Einsatz zu entwickeln, die optimierte ML-Operationen in der gesamten Armee-Gemeinschaft unterstützen. Project Linchpin, das vom Programm-Managementbüro für Intelligenz, elektronische Kriegsführung und Sensoren der Armee geleitet wird, hat sich zum Ziel gesetzt, im gesamten Unternehmung der Armee zuverlässige AI-Funktionen über sein AIOps+-Ökosystem bereitzustellen.

Parsons bringt Erfahrungen aus früheren AI/ML-Implementierungen mit, einschließlich Project Maven von 2017, und hat eine Geschichte der Unterstützung der Armee und anderer DoD-Partner bei der Integration aufkommender Technologien.

Positive
  • Expansion into strategic AI/ML military contracts
  • Building on existing defense relationships and Project Maven experience
  • Partnership with key military technology center (C5ISR)
Negative
  • None.

Insights

The newly announced Cooperative Research and Development Agreement (CRADA) between Parsons and the U.S. Army's C5ISR Center marks a strategic expansion in the rapidly growing defense AI sector. This partnership positions Parsons to play a important role in shaping the Army's AI/ML implementation standards through Project Linchpin, potentially leading to significant long-term revenue opportunities.

The defense AI market context is particularly noteworthy - the Department of Defense's AI spending is projected to exceed $1.5 billion annually, with substantial growth expected in the coming years. Project Linchpin represents a critical component of the Army's modernization strategy, as it aims to standardize AI integration across military operations. Parsons' involvement in establishing these standards could create a strong competitive moat, potentially leading to preferred vendor status for future AI implementation contracts.

The technical scope of this agreement is particularly valuable, encompassing AI/ML model monitoring, deployment standards and integration frameworks. These elements are important for military applications where reliability and security are paramount. Parsons' previous experience with Project Maven since 2017 provides them with unique insights into the challenges of deploying AI in military environments - a significant competitive advantage over newer entrants in the space.

From an investment perspective, this agreement has several positive implications: 1) It strengthens Parsons' position in the high-margin defense AI sector 2) Creates potential for follow-on contracts as the Army scales its AI implementation 3) Establishes Parsons as a key player in setting military AI standards, which could lead to additional opportunities across other defense branches.

The scope includes standards for AI/ML adoption and integration into the Army’s Multi-Domain Intelligence Framework and Operations

CHANTILLY, Va., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Army Command, Control, Communications, Computer, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) Center in support of Project Linchpin, the Army’s emerging Artificial Intelligence and Machine Learning (AI/ML) Program.

Under the CRADA, Parsons will examine diverse datasets, models, and deployment scenarios to determine the optimal metrics, specifications, and governance for AI/ML operational use cases provided by the Project Linchpin Program. The company will also collaboratively research with C5ISR and Project Linchpin, deployment and model monitoring standards to support streamlined ML operations across the Army community, fostering a mature and repeatable process to integrate AI/ML effectively into Army Systems of Record.

“Parsons is a leading provider of Artificial Intelligence integration and operational hardening across the national security enterprise,” said Ryan Gabriele, Senior Vice President and Chief Technology Officer for Parsons Defense and Intelligence market. “We bring technology innovation and a deep history of AI/ML implementation across warfighting functions, including Project Maven, which began in 2017. This cooperative agreement further enhances our growing portfolio in the rapidly maturing Department of Defense AI/ML community, and directly supports the Army’s Modernization Strategy.”

Project Linchpin (PL), led by the Army's Program Executive Office for Intelligence, Electronic Warfare, and Sensors (PEO IEW&S), is a program that aims to deliver trusted Artificial Intelligence (AI) capabilities across the Army enterprise. Through innovation within its Artificial Intelligence Operations and Services (AIOps+) ecosystem, PL provides a strategic framework that leverages partnerships, innovative acquisition processes, standardization, security, and regulatory compliance to ensure the effective and trustworthy integration of AI technologies.

Parsons has decades of experience supporting the Army and other DoD and Intelligence Community partners in integrating emergent technologies into their systems of record, from research and development, prototyping, integration, and test-and-evaluation to mission-critical deployments.

To learn more about Parsons’ AI/ML capabilities, please visit www.parsons.com/ai/.

About Parsons:
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

Forward-Looking Statements

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends and factors that are difficult to predict, many of which are outside of our control. Accordingly, actual performance, results and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the government’s budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations or cancellations caused by competitors’ protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train or retain employees with the requisite skills, experience and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews and investigations, which may result in materially adverse judgments, settlements or other unfavorable outcomes. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption “Risk Factors” in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws.

Media Contact:
Angie Benfield
+1 803.334.5277
Angie.Benfield@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
Dave.Spille@Parsons.com


FAQ

What is Parsons' (PSN) role in the US Army's Project Linchpin?

Parsons will examine datasets, models, and deployment scenarios to determine metrics, specifications, and governance for AI/ML operational use cases, while also developing deployment and model monitoring standards for ML operations.

How does Project Linchpin benefit Parsons' (PSN) defense portfolio?

The agreement enhances Parsons' growing portfolio in the DoD AI/ML community and builds upon their experience with Project Maven from 2017, supporting the Army's Modernization Strategy.

What is the scope of Parsons' (PSN) CRADA with the US Army?

The CRADA covers standards for AI/ML adoption and integration into the Army's Multi-Domain Intelligence Framework and Operations, including research on deployment and model monitoring standards.

How does Project Linchpin align with Parsons' (PSN) existing military contracts?

Project Linchpin builds upon Parsons' decades of experience supporting the Army and other DoD partners in integrating emerging technologies, from research and development to mission-critical deployments.

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