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CENTREVILLE, Va., June 16, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) was selected by the U.S. Defense Health Agency (DHA) to provide health-related research and development and additional activities of interest for the Department of Defense and the Military Healthcare System....
Parsons (NYSE:PSN) said on Wednesday it had opened a laboratory in Maryland to develop and deliver operational technology to the nation’s Department of Defense, Intelligence Community, and Federal Civilian markets in an open, experimental environment. The Paladin Lab offers scalable an...
CENTREVILLE, Va., June 08, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today the opening of an innovation laboratory focused on rapidly developing and delivering operational technology to the nation’s Department of Defense (DoD), Intelligence Community, and Fede...
Shares of Parsons Corporation (NYSE:PSN) traded at a new 52-week high today of $41.35. This new high was reached on below average trading volume as 58,000 shares traded hands, while the average 30-day volume is approximately 402,000 shares. In the past 52 weeks, shares of Parsons Corpora...
CENTREVILLE, Va., June 02, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, Chairwoman, President, and Chief Executive Officer, and Matt Ofilos, Executive Vice President of Finance, will present at the Stifel 2022 Cross Sector Insight Conference on ...
CENTREVILLE, Va., June 01, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it completed the previously communicated acquisition of Xator Corporation in a deal valued at $400 million. The strategic acquisition expands Parsons’ presence within the U.S. Spec...
Parsons will acquire mission-focused solutions provider Xator Corporation in a ~$400m deal. The relatively undemanding transaction multiple highlights management's M&A discipline and should support a favorable financial outcome. The deal also offers an expanded customer base a...
Parsons has seen lackluster operating performance in 2020 and 2021. The prospects have improved following recent geopolitical tension, but this still has to materialize in the actual results and backlog. Bolt-on dealmaking continues, overshadowed by modest operating performance, a...
BWX Technologies has done well in recent months, especially considering the uncertainty of the broader market. Sales continue to climb, but profitability looks to be under pressure, with only EBITDA likely to rise this year. Though still a healthy business, much of the value that ...
Parsons (NYSE:PSN) has been awarded a contract to provide AI-based regional border transportation management system to the Niagara International Transportation Technology Coalition (NITTEC). The contract includes the design, development, implementation, and maintenance of a multi-agency, inte...
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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...
CHANTILLY, Va., July 24, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), a leader in infrastructure, defense, security, transportation, and engineering is proud to announce its readiness to meet the growing demand for infrastructure deployment for global events. With a rich decades-long...