Altamira, a Parsons Company, Awarded $63 Million NOVASTAR Contract
The four-year task order represents new work for Parsons, with $63 million stated as its ceiling value.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Parsons (PSN) subsidiary Altamira won a task order with a $63 million ceiling value from the National Air & Space Intelligence Center.
The four-year task order represents new work for the company and supports the Collaboration Collection under the Services of Common Concern program. Altamira will develop, deliver, maintain and enhance collaboration capabilities, including operational software and related maintenance activities.
Parsons acquired Altamira in January 2026. Altamira will fully integrate into Parsons in 2027.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointNew four-year NASIC task order adds work with a $63 million ceiling value. 1.2% of market cap
- Minor point. Forward-looking: it has not happened yet and may not happen.Altamira integration into Parsons is planned for 2027.
Negative
- None.
Key Figures
- Task order ceiling
- $63 million
- New NASIC task order
- Task order term
- four years
- NASIC task order
Key Terms
signals intelligence technical
intelligence, surveillance and reconnaissance technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Key Takeaways:
- Parsons’ subsidiary Altamira was awarded a
$63 million , four-year task order from the National Air & Space Intelligence Center (NASIC) to support and enhance the Collaboration Collection under the Services of Common Concern program. - The work includes sustaining, maintaining, and advancing secure collaboration software and services that enable effective information sharing across mission-critical intelligence environments.
- The award builds on the company’s technical expertise and focuses on evolving collaboration capabilities to be more interoperable, scalable, and mission-focused while meeting changing operational needs.
CHANTILLY, Va., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Altamira, a Parsons company, was awarded a task order supporting the National Air & Space Intelligence Center (NASIC) to support the development, delivery, maintenance, sustainment, and enhancement of capabilities within the Collaboration Collection under the Services of Common Concern (SoCC). The
“Our customers trust Parsons and Altamira to deliver secure, reliable, and mission-focused capabilities,” said Mike Kushin, president, Defense & Intelligence for Parsons. “We are proud to support NASIC’s Collaboration Collection, helping advance technologies and services that enable timely, effective information sharing across mission critical environments.”
Under the contract, Altamira will sustain and enhance operational software, including operations and maintenance activities, in alignment with the government’s vision for the Collaboration Collection.
“This award builds on Altamira’s deep technical expertise and our understanding of the mission environment,” added Cassie Kurtz, vice president for Altamira. “Our focus is not simply sustaining today’s capabilities but continuously evolving them to improve how mission users collaborate, share information, and respond to changing operational needs. We’re excited to continue delivering capabilities that are secure, scalable, and built for the mission.”
This task order also includes development activities focused on advancing the Collaboration Collection. Together, these efforts will support the continued evolution of interoperable, secure, scalable, and mission-focused collaboration capabilities and enable more effective information sharing across mission environments.
Parsons acquired Altamira Technologies Corporation in January 2026 to strengthen its position in the defense, intelligence, cyber, and space markets. Altamira brings highly specialized capabilities in signals intelligence (SIGINT), intelligence, surveillance and reconnaissance (ISR), cyber operations, missile warning, AI/ML-enabled analytics, and space-based mission support, along with deep relationships across the U.S. Intelligence Community. Combined with Parsons’ strengths in all-domain technology integration, electronic warfare, missile defense, biometrics, cyber, and operational mission delivery, the acquisition creates a more comprehensive national security platform capable of delivering intelligence-driven solutions across all domains. The combination enhances Parsons’ ability to rapidly transition advanced technologies into operational capabilities, expand its Intelligence Community footprint, and provide customers with end-to-end mission solutions that accelerate decision-making, improve threat detection, and strengthen warfighter readiness. Altamira will fully integrate into Parsons Corporation in 2027.
To learn more about Parsons’ national security solutions, visit parsons.com/national-security/.
About Parsons:
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.
Media Contact:
Bernadette Miller
+1 980.253.9781
bernadette.miller@parsons.com
Investor Relations Contact:
Dave Spille
+1 703.775.6191
Dave.Spille@parsons.us
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the value and duration of Altamira’s NOVASTAR contract for Parsons (PSN)?
The NASIC task order has a $63 million ceiling value and a four-year term. It represents new work for Parsons and supports the Collaboration Collection under the Services of Common Concern program.