Parsons Stock Price, News & Analysis

Parsons (NYSE: PSN) will report third quarter 2025 financial results before market open on Wednesday, November 5, 2025.

The company will host an earnings conference call at 8:00 a.m. ET the same day and provide a live webcast via the Investor Relations site: https://investors.parsons.com. Telephone participants must register through the IR site. A replay will be available on the company's website about two hours after the call and will remain accessible for one year.

Parsons Corporation (NYSE: PSN) has acquired Applied Sciences Consulting, a Tampa-based engineering firm specializing in water and stormwater solutions. The all-cash transaction strengthens Parsons' water capabilities across Florida and aligns with their strategy of completing accretive acquisitions with revenue growth and adjusted EBITDA margins of at least 10%.

Applied Sciences, founded in 2005, will be integrated into Parsons' North America Infrastructure business unit. The acquisition positions Parsons to capitalize on Florida's significant water infrastructure investments and federal program backing, enhancing their ability to deliver innovative resilience solutions while expanding capabilities to global clients.

Parsons Corporation (NYSE: PSN) and its joint venture partners have secured a $665 million contract extension for the Hudson Tunnel Project (HTP), extending their role for 4.5 years. The transformational infrastructure project is progressing on schedule, with the new Gateway Tunnel expected to complete in 2035 and existing tunnel rehabilitation by 2038.

The project is projected to create over 95,000 jobs nationwide and generate more than $19 billion in economic activity. The scope includes constructing a new two-tube rail tunnel under the Hudson River, rehabilitating the existing 115-year-old tunnel, and adding nine miles of new passenger rail track between New York and New Jersey.

Parsons Corporation (NYSE: PSN) has secured a $13 million task order from the National Nuclear Security Administration (NNSA) for counter-nuclear smuggling systems deployment in the Indo-Pacific region. The contract includes a one-year base period with six one-year options.

This marks Parsons' fifth task order under the NNSA Office of Nuclear Smuggling Detection and Deterrence's CNSSD MATOC program. The company will provide comprehensive services across 18 countries, including project management, engineering, system design, and logistics support.

The award builds upon Parsons' previous selection as one of two contractors for the $1 billion ceiling value CNSSD MATOC in March 2024, reinforcing their role in advancing U.S. nonproliferation and nuclear security initiatives in the Indo-Pacific region.

Parsons Corporation (NYSE: PSN) has opened a new 27,000-square-foot facility at Redstone Gateway near Redstone Arsenal's Gate 9 in Huntsville. The facility features 21,000 square feet of high-bay space for advanced programs, with additional space for offices, collaboration areas, and secure environments.

The strategic location strengthens Parsons' position in defense, space, and missile systems, enabling closer collaboration with government, industry, and academic partners. The facility will support national security priorities, including the Golden Dome program, while enhancing the company's ability to deliver rapid development, testing, and deployment cycles.

Parsons Corporation (NYSE: PSN) has secured an $81 million Task Order from the U.S. Army Combat Capabilities Development Command's (DEVCOM) C5ISR under the RS3 contract vehicle. The recompete contract includes a 12-month base period with four 12-month option periods.

The contract focuses on delivering critical radar engineering solutions, with Parsons enhancing Army aerial and ground radar capabilities through advanced radio frequency technologies, AI integration, and systems engineering services. The scope includes operational support, program management, engineering, integration, prototype development, and fabrication, particularly addressing emerging hypersonic threats and battlefield communications needs.

Parsons Corporation (NYSE: PSN) has successfully launched New Jersey Department of Transportation's (NJDOT) first integrated Statewide Advanced Traffic Management System powered by their iNET® smart mobility solution. The system, implemented in partnership with HNTB Corporation, represents a significant upgrade from NJDOT's previous reliance on various legacy software packages.

The new ATMS provides comprehensive features including ITS device control, automated incident detection and management, and integrated response plans. The project's excellence was recognized with the 2025 Excellence in Engineering Award at the New Jersey Alliance for Action's Distinguished Engineering Awards.

Parsons Corporation (NYSE: PSN) subsidiary SealingTech has launched Operator X, the industry's first AI Hunt Kit Assistant designed specifically for defensive cyber operations at the Edge. This innovative platform integrates with SealingTech's Cyber-Fly-Away Kits and cyber hunt programs, enabling offline deployment in tactical environments.

Operator X serves as a command center that unifies cyber tools, featuring natural language querying for Splunk and Elastic, threat intelligence correlation, and automated task management. The platform operates completely offline from a single Kit laptop, supporting key network and security tools including Splunk®, Elastic, Security Onion, and VMware®.

Parsons Corporation (NYSE: PSN) has secured a $30 million recompete contract from the U.S. Army DEVCOM's C5ISR Center. The contract includes a 12-month base period with four 12-month option periods for radar development engineering.

Under this contract, Parsons will provide comprehensive support including program management, systems engineering, modeling and simulation, development, testing, integration, analysis, and prototype development. The company will focus on research, development, test, and evaluation (RDT&E) of technologies for ground-based and airborne radar systems.

The company's C5ISR capabilities encompass advanced sensors, non-kinetic warfare, missile defense, command and control systems, and Air Base Air Defense (ABAD) solutions, with ongoing integration work at Ramstein Air Base.