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CENTREVILLE, Va., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on a $675 million indefinite-delivery, indefinite-quantity multiple award task order contract (MATOC) by the United States Army Corps of Engineers (USACE). T...
CENTREVILLE, Va., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at Cowen’s 44 th Annual Aerospace/Defense & Industrials Conference. Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participat...
Parsons ( NYSE: PSN ) said Wednesday that its contract as the Main Construction Manager of the Giant Mine Remediation Project has been amended. The company will continue providing construction management services until the completion of the remediation at the former gold mine in...
CENTREVILLE, Va., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company’s contract as the Main Construction Manager of the Giant Mine Remediation Project has been amended and will continue providing construction management services until the com...
Summary As discussions about the trillion-dollar debt ceiling question intensify on Capitol Hill, we bring you one of our budget-spending-oriented trading strategies. While the largest and most unique government contracts catch media outlets' attention, most contracts end up being out o...
CENTREVILLE, Va., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is leveraging its full spectrum of communications design, program and project management, radio frequency planning, and engineering expertise to help deliver broadband access across the United States. As part of t...
Parsons ( NYSE: PSN ) on Thursday said it was selected for a mega mixed-use real estate project in the city of Al-Madinah in Saudi Arabia. Rua Al-Madinah Holding Company has chosen Parsons to provide construction project management consultancy and contract administration ...
CENTREVILLE, Va., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Rua Al-Madinah Holding Company (RAM-H) to provide construction project management consultancy and contract administration services (PMCM) for the Rua Al-Madinah...
Summary There are multiple key drivers across all verticals that Parsons is present in. PSN's strong customer relationship and industry recognition are barriers to entry. I expect growth to decelerate in FY23, for which the market would attach a lower multiple to the business. ...
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 ...
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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...