Parsons Awarded First Task Order Under DTRA CTRIC IV to Support Chemical Threat Reduction Efforts in Southeast Asia

Parsons (NYSE: PSN) announced it has secured the first task order under the Defense Threat Reduction Agency’s CTRIC IV contract, supporting DTRA’s Global Threat Reduction directorate.

Rhea-AI Summary

Parsons (NYSE: PSN) announced it has secured the first task order under the Defense Threat Reduction Agency’s CTRIC IV contract, supporting DTRA’s Global Threat Reduction directorate. The work focuses on designing and delivering chemical security training, exercises, and workshops across Southeast Asia, including Malaysia, Indonesia, and the Philippines, to enhance monitoring, preparedness, detection, and response to chemical threats and support USPACOM priorities.

Argus Aug 13 session

-1.45% close to close Open Argus

Details

News Market Reaction – PSN

On Aug 13, the day this news came out, PSN closed 1.45% below the previous close.

Data tracked by StockTitan Argus for the Aug 13 session.

Historical Context

5 past events · Latest: Aug 11

5 events

1. Aug 11

   Electronic warfare contract

   24h Move

   +4.6%

   New defense contract supported electromagnetic warfare capabilities.

2. Aug 03

   Infrastructure project selection

   24h Move

   +7.7%

   Parsons selected as lead designer for South Carolina interchange improvements.

3. Jul 29

   Second-quarter earnings

   24h Move

   -35.0%

   Lowered guidance accompanied revenue pressure, charges, and reduced adjusted EBITDA.

4. Jul 27

   Bridge opening

   24h Move

   +1.3%

   Parsons highlighted the opening of the Gordie Howe International Bridge.

5. Jul 23

   Portfolio expansion

   24h Move

   +1.5%

   Company expanded its mission-focused product portfolio across multiple markets.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

weapons of mass destruction

1 terms

weapons of mass destruction regulatory

"countering weapons of mass destruction."

Weapons of mass destruction are arms—typically nuclear, chemical, biological, or radiological—that can kill or injure large numbers of people or cause widespread damage to infrastructure and the environment. For investors, mention or risk of WMDs matters because they trigger heavy government regulation, sanctions, military responses, and market disruption; think of them as a fast-moving wildfire that can rapidly change risk and value across entire industries and regions.

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Key Takeaways: 

• Parsons secured the first task order issued under DTRA’s CTRIC IV contract, reinforcing the company’s position as a trusted partner in delivering integrated threat reduction solutions worldwide.
• The program supports U.S. Pacific Command (USPACOM) priorities by strengthening regional chemical threat monitoring and response capabilities.
• Parsons will deliver training, exercises, and workshops to enhance partner nation capabilities across Southeast Asia, including Malaysia, Indonesia, and the Philippines.
  

CHANTILLY, Va., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today it has secured the first task order under the Defense Threat Reduction Agency’s (DTRA) Cooperative Threat Reduction Integration Contract (CTRIC) IV, marking an early milestone on the contract vehicle and reinforcing the company’s leadership in countering weapons of mass destruction.

Under the task order, Parsons will support DTRA’s Global Threat Reduction directorate by designing and delivering chemical security training across Southeast Asia. The effort will strengthen partner nation capabilities in countries such as Malaysia, Indonesia, and the Philippines through training courses, exercises, and workshops that enhance preparedness, detection, and response to chemical threats.

“This award reflects our long-standing partnership with DTRA and commitment to advancing global threat reduction programs,” said Martin Boson, president of Engineered Systems for Parsons. “By delivering scalable solutions, training, and mission support, we are helping allied nations strengthen detection, response, and mitigation capabilities while supporting broader security objectives in Southeast Asia.”

The program supports USPACOM priorities by enhancing partner-nation capacity to monitor and secure chemical materials of concern, helping reduce risk and improve collective security outcomes.

The award represents a significant milestone for Parsons as the first task order issued under the CTRIC IV contract, reinforcing the company’s position as a trusted partner in delivering integrated threat reduction solutions worldwide.

Parsons brings decades of experience supporting DTRA, and this award further positions the company to continue supporting the Global Threat Reduction Directorate in addressing evolving weapons of mass destruction threats worldwide.

To learn more about Parsons’ global security and mission solutions, visit parsons.com/security-and-mission-solutions/.

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 did Parsons (PSN) announce on August 13, 2026 regarding the DTRA CTRIC IV contract?

Parsons announced it secured the first task order under DTRA’s CTRIC IV contract. According to Parsons, this task order supports the Global Threat Reduction directorate with chemical security training in Southeast Asia, marking an early milestone that reinforces its role in countering weapons of mass destruction.

What is the focus of Parsons’ first CTRIC IV task order with DTRA in Southeast Asia?

The task order focuses on chemical security training, exercises, and workshops in Southeast Asia. According to Parsons, the effort aims to strengthen partner nations’ preparedness, detection, and response to chemical threats, enhancing monitoring and securing chemical materials of concern in the region.

Which countries in Southeast Asia will benefit from Parsons’ chemical threat reduction work under CTRIC IV?

Parsons will support partner nations such as Malaysia, Indonesia, and the Philippines. According to Parsons, these countries will receive chemical security training, exercises, and workshops designed to improve their capabilities to monitor, detect, and respond to chemical threats in line with USPACOM priorities.

How does Parsons’ DTRA CTRIC IV task order support USPACOM priorities and regional security?

The task order supports USPACOM priorities by enhancing partner-nation capacity to monitor and secure chemical materials. According to Parsons, this work helps reduce chemical threat risks and improve collective security outcomes across Southeast Asia through integrated training and mission support activities.

Why is the first task order under DTRA CTRIC IV significant for Parsons (NYSE: PSN)?

It represents the first task order issued under the CTRIC IV contract and an early program milestone. According to Parsons, this reinforces its position as a trusted partner for integrated threat reduction solutions and builds on decades of support to DTRA’s Global Threat Reduction Directorate.