Parsons Corporation PSN

Parsons (PSN) just picked up a fresh US$85 million agreement tied to the new U.S. Space Command headquarters in Huntsville, Alabama. This long-duration advisory role gives investors another data point on its federal-focused business. Parsons shares trade at US$40.97 and have come under pressure recently, with the 30 day share price return down 15.77% and the year to date move lower by 34.14%. The 1 year total shareholder return has declined 51.94%, despite a positive 5 year total shareholder...

Parsons will oversee the development and delivery of a new command-and-control campus designed to support U.S. Space Command's operations.

Key Takeaways: Parsons awarded $85 million Other Transaction Authority (OTA) Agreement to deliver U.S. Space Command's new purpose-built Command and Control Facility at Redstone Arsenal in Alabama, further expanding Parsons’ growing defense infrastructure business.The 950,000-square-foot campus will support up to 1,800 personnel and include secure mission-critical facilities and infrastructure.Parsons will provide program and construction management expertise to help deliver a resilient headquar

As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the defense contractors industry, including Parsons (NYSE:PSN) and its peers.

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and the industry is currently lagging as its six-month return of 3.3% has trailed the S&P 500’s 14.2% gain.

Key Takeaways: Parsons secured nine “Awardable” designations across two leading Department of War digital marketplaces designed to rapidly deploy operational capabilities to warfighters at the edge.Three solutions were recognized in Platform One and six in Tradewinds, expanding Parsons' presence across the defense technology ecosystem.The designations enable faster evaluation, procurement, and deployment of innovative mission-focused capabilities. CHANTILLY, Va., Sept. 14, 2026 (GLOBE NEWSWIRE)

While profitability is essential, it doesn’t guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies — as Jeff Bezos said, “Your margin is my opportunity”.

Parsons stock has fallen sharply over the past year, yet some valuation checks still point to potential underpricing. This leaves investors weighing a weak share price record against a more constructive read from traditional multiples and a mixed overall value score. Over the past year, Parsons has declined 42.3%, which puts recent returns firmly in negative territory despite a longer term gain over five years. Large contract wins in areas such as missile defense, space intelligence and...

Parsons (NYSE: PSN) secured multiple multi-year, high-value U.S. government contracts in the past week across missile defense, intelligence, and counter-nuclear smuggling. New awards include work with the Missile Defense Agency on missile defense systems and analytics for the Defense Intelligence Enterprise. The company also won contracts tied to counter-nuclear smuggling with the Department of Energy and advanced maritime intelligence for the U.S. Navy. These contracts expand Parsons’ role...

CHANTILLY, Va., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session at the 2026 Jefferies Global Industrials Conference on Wednesday, September 9, 2026, at approximately 9:30 a.m. Eastern Time. The presentation will be available live via webcast on the investor relations section of Parsons’ websit

Parsons has gotten torched over the last six months - since March 2026, its stock price has dropped 32% to $46.15 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

Project Watershed 250 Parsons' Chair, President, and CEO Carey Smith joins Texas Governor Greg Abbott and other national leaders at the Project Watershed 250 launch in San Antonio, Texas. Critical infrastructure protection counters evolving threats to people, facilities, and vital systems whose disruption would jeopardize public safety. Our solutions detect, identify, track, and defeat these threats to help build a safer, more resilient world for communities worldwide. Key Takeaways: Today Parso

With capital chasing pure-play AI defense names, the market largely abandoned Parsons Corporation (NYSE:PSN). On July 29, 2026, the company lowered its full-year adjusted EBITDA guidance to $500–$560 million from an earlier $615–$675 million, triggering a rough 35% plunge to $40.32. Then by late August, the narrative shifted. On August 20, Parsons secured a $350 […]

Key Takeaways: Parsons secured two new NNSA CNSSD task orders for design and deployment of counter-nuclear smuggling systems across the Middle East and Africa.The awards bring Parsons' total CNSSD portfolio to seven task orders and approximately $90 million in awarded value.Parsons continues to advance global nonproliferation efforts by delivering end-to-end counter-nuclear smuggling solutions to international partners. CHANTILLY, Va., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:

Parsons Corporation (NYSE:PSN) shares gained 1. 8% on Wednesday after the defence contractor announced that it had secured a position on a $14 billion contract supporting U.

Award positions Parsons to compete for task orders supporting scientific and technical intelligence, foundational military intelligence, and analytical-enabling services across the Defense Intelligence Enterprise.Key Takeaways: Parsons was awarded a position on the COMET IDIQ contract with a combined ceiling value of more than $14 billion.The contract supports the Missile and Space Intelligence Center's mission to deliver scientific and technical intelligence and foundational military intelligen