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home / articles / PSN - Parsons Awarded $160 Million Intelligence Contract | Benzinga


PSN - Parsons Awarded $160 Million Intelligence Contract | Benzinga

  • CHANTILLY, Va., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was awarded a competitively-bid, single-award $160 million contract by the Intelligence Community to develop hardware and software solutions that enable intelligence applications. The classified contract includes a one-year base period plus six one-year option periods.

    "Parsons' technical solutions expertise helps empower the Intelligence Community to continue defending and advancing national security interests around the world," said Mike Kushin, president of Parsons' Defense and Intelligence sector. "Our incredible people are transforming the battlespace every day and ensuring the success of our customer's missions."

    Parsons operates in every aspect of the all-domain battlespace and addresses emerging threats by fusing technologies across the now-connected warfighting domains (land, air, sea, space, cyberspace) and incorporates information operations, intelligence, data analytics, electronic warfare, multi-echelon command and control, and kinetic operations into a unified approach.

    To unlock Parsons' national security capabilities, visit https://www.parsons.com/national-security/

    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 ...

    Full story available on Benzinga.com

  • Stock Information

    Company Name: Parsons Corporation
    Stock Symbol: PSN
    Market: NYSE
    Website: parsons.com

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