Parsons Corporation Receives $350 Million Seabed to Space ISR Contract from Naval Information Warfare Center Pacific
Parsons Corporation has been awarded a $350 million indefinite delivery indefinite quantity contract by the Naval Information Warfare Center Pacific for its Seabed to Space Intelligence Surveillance Reconnaissance (ISR) program. Under this contract, Parsons will provide research, development, test, and evaluation, and technical engineering services to enhance maritime ISR and Information Operations capabilities for the U.S. Navy. The company will deliver end-to-end support for ISR systems across multiple domains, including space, air, land, and maritime, strengthening the Navy's ability to counter evolving threats.
Parsons Corporation Senior Product Manager Salaries in Mobile, AL
This article provides detailed salary information for Senior Product Managers at Parsons Corporation in Mobile, AL. It states the average annual compensation is $170,286, including a base salary and bonus, which is higher than the US average for this role. The article also breaks down compensation by department, gender, ethnicity, and employee satisfaction with pay and benefits.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Parsons Corporation - PSN
Pomerantz LLP is investigating potential securities fraud claims against Parsons Corporation (NYSE: PSN) following a significant drop in its stock price. This investigation comes after Parsons reported lower-than-expected Q2 2026 revenues, missing consensus estimates by $30 billion, and subsequently lowered its full-year revenue, adjusted EBITDA, and cash flow guidance. The company attributed these revisions to divesting certain contracts and exiting two programs due to staffing, supply-chain, and management challenges, leading to a 35% stock price fall on July 29, 2026.
Parsons wins $350M Navy contract for intelligence systems
Parsons Corporation has been awarded a $350 million multiple-award indefinite delivery indefinite quantity contract by the Naval Information Warfare Center Pacific. This contract supports the Seabed to Space Intelligence Surveillance Reconnaissance program, focusing on advancing maritime intelligence, surveillance, and reconnaissance capabilities for the U.S. Navy across various domains. Parsons will provide technical, operational, and cybersecurity services from development to sustainment for these critical ISR systems.
The Navy picks Parsons to support intelligence systems from seabed to space
Parsons (NYSE: PSN) has been selected by Naval Information Warfare Center (NIWC) Pacific for a $350 million multiple-award, indefinite-delivery/indefinite-quantity (IDIQ) contract to support Seabed to Space Intelligence, Surveillance, and Reconnaissance (S2ISR) efforts. This contract involves providing full lifecycle services, from RDT&E to deployment and sustainment, across space, air, land, and maritime domains. Parsons will deliver technical, operational, and cybersecurity support to enhance the U.S. Navy's maritime ISR and Information Operations capabilities in contested environments.
Parsons Wins Spot on Space Force’s NITE-STAR Program
Parsons Corp. has secured a spot on the U.S. Space Force’s National Space Test and Training Complex Innovative Technology & Engineering – Space Test and Range Capability Development (NITE-STAR) program. This multiple-award, indefinite delivery, indefinite quantity contract has a shared ceiling value of $981 million. Parsons will leverage its expertise in space systems, mission engineering, and digital technologies to develop and integrate advanced space test and training capabilities for the Space Force.
Parsons wins spot on $981M U.S. Space Force contract vehicle
Parsons Corporation has been selected as an awardee on the U.S. Space Force’s NITE-STAR contract vehicle, which has a shared ceiling value of $981 million over two five-year periods. Parsons will contribute its expertise in space systems, mission engineering, and digital technologies to advance space test and training capabilities for the U.S. Space Force. This initiative aims to address evolving threats by developing, integrating, and deploying space vehicle and ground system technologies.
The Space Force selected Parsons for a space program with a shared $981 million ceiling
Parsons (NYSE: PSN) has been selected by the U.S. Space Force as an awardee for the National Space Test and Training Complex (NSTTC) Innovative Technology & Engineering – Space Test and Range (NITE-STAR) Capability Development multiple-award IDIQ contract. This contract has a shared ceiling of $981 million over two five-year ordering periods and aims to accelerate the development of advanced space test and training capabilities for Space Force Guardians. Parsons, along with its team including Blue Canyon Technologies and Intuitive Machines, will support the rapid development and deployment of innovative space vehicle and ground system technologies to enhance operational effectiveness in contested space environments.
Parsons Corp Sees Insider Buying as George Ball Invests in 20,000 Shares
Director George L. Ball purchased 20,000 shares of Parsons (NYSE:PSN) common stock for $47.97 per share, increasing his direct ownership by 13%. This insider buying signals confidence in the company despite a 40% stock price decline over the past year and a recent revenue slump. Parsons, a global provider of technology solutions in defense and critical infrastructure, reported a $9.3 billion backlog, suggesting potential future growth.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corporation (PSN) And Encourages Shareholders to Connect
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Parsons Corporation (PSN) following a significant stock price drop. The investigation stems from Parsons' second-quarter 2026 financial results, which reported a $77 million loss on two nonstrategic remote contracts due to staffing, supply chain challenges, and increased costs. The law firm is encouraging shareholders who purchased Parsons securities to join the investigation.
Top Contracts Execs to Watch in 2026: Parsons Corp.’s Jai Spivey
Jai Spivey, Senior Vice President of Contracts, Federal Solutions at Parsons Corp., is recognized as a top contracts executive to watch in 2026. She is focused on "smart compliance" and has developed training sessions and an acquisition reform site to support her team in adapting to changes in acquisition. Spivey emphasizes collaboration and providing proactive recommendations as Parsons Corp. navigates the evolving government contracting landscape.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corpo
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Parsons Corporation (NYSE: PSN) following a significant drop in its stock price. This investigation comes after Parsons reported a $77 million loss on two nonstrategic remote contracts in its second-quarter 2026 financial results, which the company subsequently decided to sell due to staffing, supply chain challenges, and disproportionate management attention. The law firm encourages affected shareholders to connect and assist with the investigation.
Parsons wins Knoxville modernisation contract
Parsons has secured a five-year contract with the Metropolitan Knoxville Airport Authority to provide program and construction management (PM/CM) services for the McGhee Tyson Airport (TYS) Terminal Area Development Plan in Knoxville, Tennessee. This initiative aims to modernize the terminal, accommodate passenger growth, and enhance the overall traveler experience through strategic development and the use of digital program management technologies. The company will oversee cost, schedule, stakeholder coordination, and FAA funding compliance for the complex capital improvement program.
Parsons Awarded Contract to Help Modernize Knoxville’s McGhee Tyson Airport Terminal
Parsons Corporation has secured a five-year contract with the Metropolitan Knoxville Airport Authority to provide program and construction management services for the McGhee Tyson Airport Terminal Area Development Plan. This initiative aims to modernize aging infrastructure, accommodate passenger growth, and improve the traveler experience at Knoxville Airport. Parsons will leverage its expertise in aviation program delivery, digital management tools, and FAA funding compliance to ensure transparent and data-driven project execution.
Parsons wins Knoxville airport terminal development contract
Parsons Corporation has secured a five-year contract with the Metropolitan Knoxville Airport Authority to provide program and construction management services for the McGhee Tyson Airport Terminal Area Development Plan. This contract marks new business for Parsons and expands its aviation infrastructure portfolio with a new customer. The company will oversee terminal modernization and passenger growth, implementing digital program management tools and ensuring compliance with FAA funding requirements.
Knoxville airport plans five-year terminal upgrades to accommodate more passengers
Parsons (NYSE: PSN) has secured a five-year contract with the Metropolitan Knoxville Airport Authority to provide program and construction management services for the McGhee Tyson Airport Terminal Area Development Plan in Knoxville, Tennessee. This new work for Parsons focuses on modernizing the terminal, accommodating passenger growth, and enhancing the overall traveler experience. The company will offer centralized oversight, ensure FAA funding compliance, and utilize digital program management tools to streamline project delivery.
Parsons Selected by Metropolitan Knoxville Airport Authority for McGhee Tyson Airport Terminal Development Program
Parsons Corporation has been chosen by the Metropolitan Knoxville Airport Authority to provide program and construction management services for the McGhee Tyson Airport Terminal Development Program. This five-year contract aims to modernize the airport's infrastructure, accommodate passenger growth, and enhance the overall traveler experience using Parsons' expertise in aviation program delivery and digital management tools. The company will provide centralized oversight for cost, schedule, stakeholder coordination, and FAA funding compliance, expanding its aviation infrastructure portfolio and strengthening its position in the market.
Parsons Wins $664.8 Million US Army Contract, Shares Rise
Parsons Corporation has secured a $664.8 million contract from the US Army. This positive development led to a rise in the company's shares. The article also provides recent news about other contracts awarded to Parsons and company financial details.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Parsons Corporation (PSN) and Encourages Shareholders to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into Parsons Corporation (PSN) following the company's announcement of a $77 million loss on two nonstrategic remote contracts in its Q2 2026 financial results. The firm is encouraging investors who purchased Parsons securities to join the investigation, which stems from the stock price drop after this news. The investigation aims to determine if there are potential claims on behalf of these purchasers.
How New Defense and Infrastructure Wins Could Shape Parsons’ (PSN) Evolving Investment Narrative
Parsons Corporation recently secured significant defense and infrastructure contracts, including a US$70 million Air Base Air Defense task order and a US$40 million electromagnetic warfare contract, alongside a role in a US$227 million infrastructure project. These wins reinforce Parsons' role in high-value defense technologies and contribute to its substantial government-heavy backlog. However, investors are advised to consider the company's exposure to federal funding shifts and the impact of a recent guidance cut, despite the positive contract momentum.
Parsons Wins $70M Air Base Air Defense Capabilities Contract
Parsons Corp. secured a $70 million contract from the U.S. Air Force's Air Base Air Defense program to enhance operational capabilities across the Air Forces in Europe – Air Forces Africa region. The contract, with a performance period of four years and three 12-month option periods, involves integrating, testing, deploying, and sustaining point defense systems against aerial threats. This award expands Parsons' existing involvement with the ABAD program, reinforcing protection for U.S. and allied forces.
Parsons wins $70m US Air Force contract for European and African bases
Parsons has been awarded a four-year task order worth up to $70 million by the US Air Force for its Air Base Air Defence (ABAD) program. The contract involves providing integration, testing, deployment, and sustainment support for air base defence systems across US Air Forces in Europe – Air Forces Africa (USAFE-AFAFRICA) bases. This aims to protect personnel, aircraft, and installations from evolving threats, particularly uncrewed aircraft systems.
Parsons to Support Air Base Defense Across Europe and Africa
Parsons (NYSE: PSN) has been awarded a $70 million ceiling task order under the U.S. Air Force’s Air Base Air Defense (ABAD) contract. This four-year order, with three 12-month option periods, involves integrating, testing, deploying, sustaining, maintaining, and operationally transitioning point defense systems, including counter unmanned aircraft systems, for U.S. Air Forces in Europe-Air Forces Africa (USAFE-AFAFRICA). The award expands Parsons' current ABAD work, strengthening its role in providing air and missile defense solutions for the U.S. Department of War in the region.
Parsons to Train Southeast Asian Partners on Chemical Threat Response
Parsons (NYSE: PSN) has secured the first task order under the Defense Threat Reduction Agency’s CTRIC IV contract, focusing on chemical security training in Southeast Asia. This initiative will enhance the capabilities of countries like Malaysia, Indonesia, and the Philippines to monitor, detect, and respond to chemical threats, supporting USPACOM priorities. The award reinforces Parsons' role in global threat reduction and countering weapons of mass destruction.
Parsons wins first task order under DTRA threat reduction contract
Parsons Corporation has secured its first task order under the Defense Threat Reduction Agency’s Cooperative Threat Reduction Integration Contract IV. The company will provide chemical security training, exercises, and workshops in Malaysia, Indonesia, and the Philippines to enhance preparedness and response to chemical threats in Southeast Asia. This initiative supports U.S. Pacific Command priorities by bolstering partner nations' capacity to monitor and secure chemical materials.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Parsons Corporation - PSN
Pomerantz LLP is investigating potential securities fraud claims against Parsons Corporation (NYSE: PSN) on behalf of its investors. This investigation follows Parsons' Q2 2026 financial results, where the company missed revenue estimates and lowered its full-year guidance, leading to a significant 35% drop in its stock price. Investors are encouraged to contact Pomerantz LLP for more information regarding the potential class action lawsuit.
Parsons Secures First DTRA CTRIC IV Task Order for Chemical Security Training in Southeast Asia
Parsons Corporation has secured the first task order under the Defense Threat Reduction Agency's CTRIC IV contract, focusing on enhancing chemical threat response capabilities in Southeast Asia. This initiative involves providing training, exercises, and workshops to countries like Malaysia, Indonesia, and the Philippines, aligning with U.S. Pacific Command priorities. The contract reinforces Parsons' role as a key partner in global threat reduction and its expertise in countering weapons of mass destruction.
Parsons Awarded First Task Order Under DTRA CTRIC IV to Support Chemical Threat Reduction Efforts in Southeast Asia
Parsons Corporation has secured the first task order under the Defense Threat Reduction Agency's (DTRA) Cooperative Threat Reduction Integration Contract (CTRIC) IV. This award reinforces Parsons' leadership in countering weapons of mass destruction by delivering chemical security training, exercises, and workshops across Southeast Asia to strengthen partner nation capabilities in preparedness, detection, and response to chemical threats. This program supports U.S. Pacific Command (USPACOM) priorities and marks a significant milestone for Parsons as a trusted partner in integrated threat reduction solutions.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corporation (PSN) And Encourages Investors to Connect
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Parsons Corporation (NYSE: PSN) on behalf of investors. This investigation follows Parsons' announcement of a $77 million loss on two nonstrategic remote contracts in its second-quarter 2026 financial results, which led to a drop in the company's stock price. The firm encourages investors who purchased Parsons securities to contact them for more information and to assist in the investigation.
PSN Investors Have Opportunity to Join Parsons Corporation Fraud Investigation with SBS Law
Schall, Brown & Schwartz LLP (SBS) has initiated an investigation into Parsons Corporation (NYSE: PSN) on behalf of investors for potential securities law violations. This investigation follows Parsons' Q2 2026 financial report, which showed a sharp decline in EBITDA from the previous year, causing a significant drop in the company's stock. SBS encourages affected shareholders to contact them to discuss their rights and participation in the investigation.
Bronstein, Gewirtz & Grossman, LLC Encourages Parsons Corporation (PSN) Stockholders to Inquire about Securities Investigation
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation (NYSE:PSN) following a significant drop in its stock price. This drop occurred after Parsons announced a $77 million loss on two nonstrategic remote contracts in its second-quarter 2026 financial results. The firm encourages affected investors to seek more information and potentially assist in the investigation.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Parsons Corporation - PSN
Pomerantz LLP is investigating potential securities fraud claims against Parsons Corporation (PSN) after the company reported disappointing Q2 2026 financial results. Parsons missed revenue estimates by $30 billion, lowered its full-year guidance for revenue, adjusted EBITDA, and cash flow, leading to a 35% stock price drop. The investigation encourages affected investors to contact the firm.
Parsons wins $40M Army electromagnetic warfare contract
Parsons Corporation has secured a $40 million contract from the U.S. Army to develop electromagnetic warfare capabilities for national security missions. This new work involves delivering solutions to counter and disrupt adversary systems, supporting U.S. and allied forces in multi-domain operations. The company will focus on spectrum dominance, hardware development, RF spectrum exploitation, cyber-electromagnetic operations, signal processing, and software-defined solutions.
Parsons Wins $40 Million Contract to Advance Next-Gen Electromagnetic Warfare Capabilities
Parsons Corporation secured a $40 million contract to advance next-generation electromagnetic warfare capabilities. The company is a technology provider in national security and global infrastructure, focusing on cyber and electronic warfare, space, and missile defense. This contract highlights Parsons' role in delivering advanced technical solutions for mission-critical projects to the U.S. government.
Parsons to Develop Tools to Disrupt Adversary Systems for U.S. Army
Parsons (NYSE: PSN) has been awarded a $40 million cost-plus-fixed-fee contract to develop next-generation electromagnetic warfare (EW) capabilities for the U.S. Army. This contract, spanning one base year and four-and-a-half option years, involves delivering advanced EW solutions to counter and disrupt adversary systems in contested environments. The company's focus is on enhancing warfighter lethality and ensuring operational advantage through spectrum dominance and AI-enabled analytics.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Parsons Corporation (PSN) and Encourages Investors to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into Parsons Corporation (PSN) following a reported $77 million loss on two nonstrategic remote contracts in its second-quarter 2026 financial results. The law firm is encouraging investors who purchased Parsons securities to learn more about the investigation and potentially participate in a class action to recover losses. The investigation focuses on the reasons behind the stock price drop after this announcement.
Parsons Corp (PSN) director George L. Ball buys 20,000 shares at $47.97
Parsons Corp director George L. Ball reported an open-market purchase of 20,000 shares of common stock on August 7, 2026, at $47.97 per share. Following this transaction, he directly holds 170,383 shares, with an additional 205,000 shares held indirectly through a family trust. The filing indicates a positive sentiment and does not show the use of a Rule 10b5-1 trading plan.
Parsons Corporation (PSN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Parsons Corporation (NYSE:PSN) following a $77 million loss announced in its second-quarter 2026 financial results related to two nonstrategic remote contracts. The law firm encourages shareholders who purchased Parsons securities to contact them to learn more about the investigation. This action comes after Parsons' stock price dropped subsequent to the news of these losses.
Parsons Stock Tumbles as Investor Probes Grow
Parsons Corporation (NYSE: PSN) is facing increased scrutiny from shareholders and multiple law firms following disappointing second-quarter financial results that led to a significant stock price decline. The company reported a net loss, lower profitability, and reduced financial guidance, prompting investigations into potential securities law violations. Despite the setbacks, Parsons continues to secure substantial government contracts, maintaining a strong demand for its engineering and defense services.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Parsons Corporation (PSN) And Encourages Stockholders to Connect
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Parsons Corporation (NYSE:PSN) after the company announced a significant loss on two nonstrategic contracts. The investigation stems from Parsons' second-quarter 2026 financial results, which reported a $77 million loss on two Federal Solutions programs, leading to a drop in the company's stock price. The firm encourages affected investors to contact them for more information.
Parsons (PSN) Is Up 18.5% After Cutting 2026 Guidance But Winning I-526 Design Contract – Has The Bull Case Changed?
Parsons Corporation reported a net loss and lowered its 2026 revenue guidance but simultaneously secured a significant design contract for the I-526 Long Point Road Interchange Improvements project. Despite the weaker earnings, the new contract underscores Parsons' continued success in winning transportation engineering work, which is crucial for its investment narrative focused on contract growth and margin improvement. Investors are left to weigh the increased earnings volatility from large government programs against the resilience of contract awards.
Parsons (PSN) Is Up 18.5% After Cutting 2026 Guidance But Winning I-526 Design Contract – Has The Bull Case Changed?
Parsons Corporation saw its stock rise by 18.5% despite reporting a Q2 net loss and lowering its 2026 revenue guidance. This increase is attributed to the company winning a significant design contract for the I-526 Long Point Road Interchange Improvements project in South Carolina, showcasing continued demand for its engineering expertise. While the earnings setback is meaningful, the ongoing contract wins suggest its core investment narrative, centered on contract growth and margin improvement, remains largely intact, though investors should be mindful of increased earnings volatility.
Parsons Corporation (PSN) Securities Investigation Notice - Levi & Korsinsky
Levi & Korsinsky is investigating Parsons Corporation (PSN) for potential securities law violations after the company reported a Q2 CY2026 net loss and cut its full-year 2026 revenue and adjusted EBITDA guidance. Parsons' shares dropped 35% following the announcement. Investors who suffered losses are encouraged to contact Levi & Korsinsky for a free evaluation.
Parsons Wins Design Role In $227 Million South Carolina Interchange Project
Parsons has been selected as the lead designer for the Interstate 526 and Long Point Road Interchange Improvements project in South Carolina, a $227 million contract awarded to a design-build team led by Ames Construction. Parsons' design services are estimated to be worth approximately $22.7 million, focusing on improving traffic flow, safety, and access to the Wando Welch Terminal. This project aims to enhance transportation infrastructure in the Charleston region amidst population and economic growth.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Parsons Corporation (PSN) and Encourages Stockholders to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into Parsons Corporation (NYSE:PSN) following a significant stock price drop. The investigation stems from Parsons' announcement of a $77 million loss on two nonstrategic remote contracts during its second-quarter 2026 financial results. Investors who purchased Parsons securities are encouraged to join the investigation.
Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Parsons Corporation (PSN)
Levi & Korsinsky is investigating Parsons Corporation (PSN) for potential securities law violations after the company missed Q2 CY2026 revenue estimates, reported a net loss, and a significant drop in adjusted EBITDA, leading to a 35% stock decline. The investigation focuses on whether Parsons made misleading statements regarding its 2026 financial outlook, which was subsequently cut. Investors who suffered losses after purchasing PSN stock are encouraged to contact the firm for a free case evaluation.
Parsons Selected as Lead Designer for I-526 Long Point Road Interchange Improvements in Charleston Region
Parsons Corporation has been selected as the lead designer for the Interstate 526 Long Point Road Interchange Improvements project in Charleston, South Carolina, a $227 million initiative. This project, in collaboration with Ames Construction and the South Carolina Department of Transportation, aims to enhance safety, alleviate congestion, and improve freight mobility in the rapidly growing Mount Pleasant area. Parsons will leverage its 80 years of experience to provide comprehensive engineering and design services, focusing on efficient project delivery and strengthening connectivity to the Wando Welch Terminal.
An approximately $227M South Carolina project targets safer travel
Parsons (NYSE: PSN) has been selected as the lead designer for the Interstate 526 Long Point Road Interchange Improvements project in South Carolina, a design-build contract totaling approximately $227 million. The project, where Parsons' design services account for about 10% of the value, aims to enhance safety, reduce congestion, and improve mobility in the Charleston region, including better connectivity to the Wando Welch Terminal. This award expands Parsons' portfolio in transportation infrastructure, reflecting a positive market reaction with PSN stock gaining 5.99% following the announcement.
Jefferies upgrades Parsons stock rating to buy, cuts target to $52
Jefferies upgraded Parsons Corp. (NYSE:PSN) to Buy from Hold, though it lowered its price target to $52 from $60. The upgrade comes despite recent financial turbulence for Parsons, including significant write-offs and a downward revision of its full-year guidance, which impacted its Q2 earnings below expectations. However, InvestingPro analysis suggests the stock is undervalued, and other firms like TD Cowen, Stifel, and William Blair maintained Buy or Outperform ratings, citing a strong backlog and growth in key segments.
PSN SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving Parsons Corporation
SueWallSt, powered by Levi & Korsinsky LLP, has initiated an investigation into Parsons Corporation (NYSE: PSN) following a significant 35% stock decline. This decline occurred after Parsons cut its full-year 2026 revenue and adjusted EBITDA guidance, just three months after reaffirming strong outlooks. The investigation aims to determine if the company made misleading statements that caused investors to purchase securities at inflated prices.
