Parsons’ Unleashing The Future Of Military Cyber Infrastructure Company Wins DARPA SMOKE Contract

Rhea-AI Summary

Parsons Corporation (NYSE: PSN) announced that its BlackHorse Solutions subsidiary secured a $12 million contract from DARPA for the Signature Management using Operational Knowledge and Environments (SMOKE) program. This competitive, cost-plus-fixed-fee contract involves developing automated tools for cyber network security assessments. The SMOKE program aims to create data-driven infrastructures for identifying cyber threats, enhancing network defenses. Parsons continues to deliver innovative solutions to military and intelligence sectors, addressing next-generation challenges in multi-domain operations.

Positive

• Secured a $12 million contract from DARPA for the SMOKE program.
• Contract won through a competitive acquisition process.
• Development of advanced tools for automated cyber threat assessments enhances market position.

Negative

• None.

CENTREVILLE, Va., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company’s BlackHorse Solutions subsidiary won a $12 million contract from the Defense Advanced Research Projects Agency (DARPA) for a research project under the Signature Management using Operational Knowledge and Environments (SMOKE) program. The cost-plus-fixed-fee contract represents new work for the company and was secured through a competitive acquisition process.

As cyber networks are under persistent threat from malicious cyber actors, Parsons will develop data-driven tools to automate the planning and execution of threat-emulated cyber infrastructure needed for network security assessments under the SMOKE program.

“Our offensive and defensive cyberspace operations combine leading edge technical innovations, mission planning and automation solutions, cyber threat intelligence, and advanced cyber threat hunting and incident response to protect networks and enhance mission effectiveness,” said Mike Kushin, Parsons’ executive vice president of high consequence missions. “We look forward to advancing DARPA’s mission through a comprehensive, converged offering of technologies and tools that expose and enable system and network vulnerabilities to anticipate and neutralize threats across the multi-domain battlespace.”

The SMOKE program will explore the development of data-driven tools to automate the discovery of distinguishable patterns of sophisticated cyber threat infrastructure, while prototyping components that enable red teams to plan, build, and deploy cyber infrastructure that is informed by machine-readable signatures of sophisticated cyber threats to anticipate network defenders’ readiness.

Parsons’ high consequence missions sector delivers disruptive digital capabilities and products that address next-generation military, intelligence, and space operations for the Department of Defense and Intelligence Community and accelerate the warfighter’s decision chain in the joint multi-domain battlespace. The company operates in every aspect of the multi-domain battlespace and addresses emerging threats by fusing technologies across the now-connected warfighting domains (land, air, sea, space, cyberspace) and incorporating information operations, intelligence, data analytics, electronic warfare, multi-echelon command and control, and kinetic operations.

To learn more about how Parsons is transforming the cyber battlespace, please visit https://www.parsons.com/markets/cyber/.

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, C5ISR, transportation, environmental remediation, and water/wastewater treatment. Our solutions around the globe help make the world safer, healthier, and more connected Please visit parsons.com, and follow us on LinkedIn and Facebook to learn how we’re making an impact.

Disclaimer: The views, opinions and/or findings expressed are those of the author and should not be interpreted as representing the official views or policies of the Department of Defense or the U.S. Government.

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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 the $12 million contract awarded to Parsons Corporation (PSN) for?

The contract is for the Signature Management using Operational Knowledge and Environments (SMOKE) program under DARPA.

When was the contract for the SMOKE program announced by Parsons (PSN)?

The contract was announced on January 5, 2023.

What will Parsons Corporation (PSN) develop under the DARPA SMOKE program?

Parsons will develop data-driven tools to automate planning and execution for cyber security assessments.

How does the SMOKE program impact Parsons Corporation's business?

The SMOKE program enhances Parsons' capabilities in delivering disruptive digital solutions for cybersecurity, thereby strengthening its market position.