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Parsons (PSN) Stock News

PSN NYSE

Welcome to our dedicated page for Parsons news (Ticker: PSN), a resource for investors and traders seeking the latest updates and insights on Parsons stock.

Parsons Corporation provides technology-driven solutions for national security and global infrastructure markets through Federal Solutions and Critical Infrastructure activities. Company news commonly covers U.S. government and defense contract awards, nuclear enterprise mission assurance support, energy resilience and microgrid work, program management, transportation design, and digital infrastructure technologies such as demand response systems and TAK-as-a-Service.

Updates also report quarterly results, backlog, book-to-bill trends, guidance, acquisitions, and project milestones across cyber and electronic warfare, space and missile defense, transportation, water, environment, urban development, and critical infrastructure protection.

Rhea-AI Summary

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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FAQ

What is the current stock price of Parsons (PSN)?

The current stock price of Parsons (PSN) is $59.95 as of June 3, 2026.

What is the market cap of Parsons (PSN)?

The market cap of Parsons (PSN) is approximately 6.5B.