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Parsons ( NYSE: PSN ) on Wednesday said it was chosen as a delivery partner for THE LINE in Saudi Arabia. THE LINE, a 170 km (106mi) long, 200m (656ft) wide and 500m (1640ft) tall linear urban development, is the Kingdom's centerpiece for NEOM, a futuristic city operating on ...
CENTREVILLE, Va., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was appointed as a delivery partner for THE LINE, the centerpiece project for NEOM – the ‘land of the future’ being developed in northwest Saudi Arabia. Envisa...
CENTREVILLE, Va., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release fourth quarter and fiscal year 2022 financial results before the markets open on Wednesday, February 15, 2023. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its ...
Parsons ( NYSE: PSN ) on Monday said its unit Xator won prime and major subcontractor positions on the United States Air Force Integrated Base Defense Security System task order contract. Under terms, Xator is eligible to receive up to $79.5 million of task order work and ...
CENTREVILLE, Va., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Xator, LLC, a Parsons company, won prime and major subcontractor positions on the United States Air Force (USAF) Integrated Base Defense Security System (IBDSS) task order contract, which will...
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 Manageme...
Science Applications International ( NYSE: SAIC ) on Tuesday was downgraded to Equal weight from Overweight and Parsons ( NYSE: PSN ) to Underweight from Equal weight by analysts at Morgan Stanley. They said the companies are less likely to rise in value after their recent perform...
Summary Shares of Parsons have done quite alright this year, as investors have priced in benefits from increased political tensions and related to that defense spending. While sales momentum is improving and deleveraging is delivered upon, earnings growth is a bit lackluster. Overal...
CENTREVILLE, Va., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on a $95 million indefinite-delivery, indefinite-quantity multiple award contract by Naval Facilities Engineering Systems Command (NAVFAC) Atlantic. The task...
CENTREVILLE, Va., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the US Army Operations and Intelligence Division of the C5ISR Center has selected the company to provide Intelligence Development Enabled Awareness (IDEA) research, development, integration, e...
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CHANTILLY, Va., July 29, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company will serve as lead designer and a subconsultant to Elevate Inglewood Partners (“EIP”), a public-private partnership consortium comprised of Plenary Americas US Holdings...
CHANTILLY, Va., July 26, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company, in a joint venture with Vanir , was selected by the Sacramento County Department of Airports to provide construction management and inspection (CMI) services in support of the S...
CHANTILLY, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Indiana Department of Transportation (INDOT) for continued support of the I-69 Ohio River Crossing (ORX) project. The five-year, $26 million contract was expanded...