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Parsons Corp - PSN STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Parsons's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Parsons's position in the market.

News
Parsons Merges Artificial Intelligence To Deliver Combat Advantage
Rhea-AI Summary
Parsons Corporation (PSN) is leveraging artificial intelligence (AI) to optimize combat advantage for warfighters through the development of software to define advantageous placement and configuration of Cyber and Electromagnetic Activities (CEMA) sensors and effectors. The company's TEMPO software has been integrated into live events conducted by the U.S. Army, providing soldiers with a force-multiplier for planning real-time CEMA missions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
Tags
acquisition
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News
Parsons Awarded $21 Million U.S. Army Corps of Engineers Contract For Munitions Response Geophysics
Rhea-AI Summary
Parsons Corporation (PSN) has been awarded a $21 million contract by the United States Army Corps of Engineers (USACE) Los Angeles District for advanced geophysical classification (AGC) data collection and analysis at the Camp San Luis Obispo (CSLO) Munitions Response Site (MRS) 05. Parsons will serve as a subcontractor to the prime contractor PIKA-Insight joint venture (JV) LLC for a five-year contract, demonstrating its expertise in munitions response geophysics and AGC solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
none
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News
Parsons Wins 2023 National Design-Build Merit Award
Rhea-AI Summary
Parsons Corporation (PSN) wins the DBIA 2023 National Design-Build Merit Award for the SH 249 project in Texas, receiving praise for improving mobility and safety, connecting suburban communities, and achieving substantial completion nine months ahead of schedule.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
none
News
S&P Dow Jones and MSCI Change Parsons’ GICS Code to Research and Consulting Services
Rhea-AI Summary
Parsons Corporation (NYSE: PSN) has had its Global Industry Classifications Standard (GICS®) Code changed to Research and Consulting Services by S&P Dow Jones Indices and MSCI, recognizing its status as a leading professional services provider. This change reflects Parsons' commitment to environmental, social, and governance (ESG) and its dedication to maintaining high standards of performance, accuracy, and transparency while pursuing its climate goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
Tags
none
-
News
Parsons Earns Top Score in Human Rights Campaign Foundation’s Corporate Equality Index
Rhea-AI Summary
Parsons Corporation (PSN) has been recognized with a score of 100 on the 2023 - 2024 Corporate Equality Index (CEI) by the Human Rights Campaign Foundation for its active support and inclusion of the LGBTQ+ community. This marks the company's continuous leadership in LGBTQ+ rights and workplace equality. Parsons' commitment to diversity, equity, and inclusion is evident through its DEI program and employee resource groups, promoting collaboration and intersectionality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
none
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News
Parsons to Present at the Raymond James TMT & Consumer Conference
Rhea-AI Summary
Parsons Corporation (NYSE: PSN) to present at Raymond James TMT & Consumer Conference. Carey Smith, chair, president, and CEO, and Matt Ofilos, CFO, to participate in a fireside chat Q&A session on December 5, 2023, at 9:10 am ET. Webcast available on Parsons' investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
conferences
News
Parsons to Present at the UBS Industrials Summit
Rhea-AI Summary
Parsons Corporation (PSN) to participate in UBS Industrials Summit investor conference. CEO and CFO to present at fireside chat on November 29, 2023, with webcast available on company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
conferences
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News
InfiniteTactics, together with Sealing Technologies partner to introduce the Mobile Tactical Edge High-Performance Computing Solution for Defense and Law Enforcement
Rhea-AI Summary
Parsons Company (NYSE: PSN) and Sealing Technologies, a Parsons Company, have partnered to launch the Mobile Tactical Edge HPC, a cutting-edge platform for AI, ML, Modeling Simulation, and Analytics processing for national security and industry. The collaboration brings together the expertise of two veteran-founded businesses, empowering analytics teams with advanced AI and ML capabilities. The Mobile Tactical Edge HPC is equipped with the latest NVIDIA AI GPU, the A100, an NVIDIA BlueField-2 DPU, and a 64-core AMD processor, offering unmatched computational power in a compact form factor designed for ease of deployment. It revolutionizes frontline operations, real-time threat assessment, and global collaboration, setting a new standard in efficiency and security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
partnership
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News
Parsons Included on $5 Billion Contract to Revitalize Puerto Rico’s Power System
Rhea-AI Summary
Parsons Corporation (NYSE: PSN) secures $5 billion contract for Puerto Rico Power System Stabilization Project with the United States Army Corps of Engineers. The contract includes a base performance period of five years and represents new work for the company. Parsons will compete for task orders to provide temporary power generation for the stabilization of Puerto Rico’s power grid, supporting the government’s request for assistance and aiding residents of the island as they recover from natural disasters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
none
News
Ohio Department of Transportation Taps Honda to Lead Two-year Project to Advance Road Condition Management System
Rhea-AI Summary
Honda (NYSE: HMC) to pilot advanced prototype of road condition management system in partnership with i-Probe Inc., The University of Cincinnati, and Parsons Corporation, backed by a $700,000 investment from the Ohio Department of Transportation (ODOT). The system aims to use vehicle-generated data to identify and report hazardous road conditions in Ohio, enhancing safety and reducing vehicle damage costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
none
Stock PSN logo
Parsons Corp

NYSE:PSN

PSN Rankings

#887 Ranked by Market Cap
#966 Ranked by Stock Gains
N/A Ranked by Dividends

PSN Stock Data

8.51B
45.81M
0.87%
100.03%
4%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
US
Centreville

About PSN

founded in 1944, parsons is an engineering, construction, technical, and management services firm. our revenues in 2014 were $3.1 billion. we are 100% owned by our employee stock ownership trust. we conquer the toughest logistical challenges and deliver design/design-build, program/construction management, professional services, and innovative alternative delivery solutions to private industrial customers worldwide as well as to federal, regional, and local government agencies. parsons is a leader in many diversified markets with a focus on defense/security, industrial, and infrastructure. currently, more than 15,000 parsons employees are engaged in nearly 5,000 projects in 29 countries. collectively, our dedicated workers speak more than 80 languages and hold more than 11,800 college degrees and professional registrations. parsons' employees continue to go anywhere in the world, meet every technical and management challenge, and persevere until the job is done. social media house ru