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Parsons Corporation (NYSE: PSN) delivers cutting-edge engineering and technology solutions for critical infrastructure, defense systems, and global security challenges. This news hub provides investors and industry professionals with timely updates on Parsons' strategic developments, project milestones, and operational achievements.
Access official press releases covering federal contract awards, transportation innovations, cybersecurity advancements, and environmental remediation initiatives. Our curated collection includes earnings reports, acquisition announcements, and leadership updates essential for understanding Parsons' market position in the engineering services sector.
Discover updates on Parsons' Federal Solutions division supporting national security programs and Critical Infrastructure projects enhancing urban mobility. Track the company's integration of AI-driven design tools and sustainable construction practices across global operations.
Bookmark this page for reliable updates on Parsons' engineering breakthroughs, government partnerships, and technological investments. Check regularly for insights into how PSN addresses complex infrastructure demands through its employee-owned operational model.
Parsons (NYSE: PSN) has been awarded a major subcontract on NASA's Repairs, Operations, Maintenance, and Engineering (ROME) contract. The prime contractor, ASRC Federal Facilities Logistics, , will provide services at multiple NASA facilities through an IDIQ contract valued at $320 million over five years. Parsons' portion is estimated at up to $130 million, focusing on facilities construction management and engineering services.
The contract covers NASA's Goddard Space Flight Center in Maryland, the Wallops Flight Facility in Virginia, and associated facilities. Parsons will continue providing services similar to its previous FaCETS III contract at Goddard, with new work added at Wallops. This award extends Parsons' 28-year partnership with NASA, supporting the agency's space exploration, scientific discovery, and aeronautics research missions.
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