Parsons Awarded Position on $15 Billion U.S. Air Force Comprehensive Construction & Engineering Contract
Rhea-AI Summary
Parsons (NYSE: PSN) was awarded a seat on the U.S. Air Force Comprehensive Construction & Engineering MATOC with a $15 billion ceiling, managed by the Air Force Civil Engineering Center. The contract features an initial five-year ordering period plus five one-year options and covers global work to support design, construction management, maintenance, renovation, and restoration of Air Force and Department of War facilities.
Scope includes administrative facilities, airfields, utilities, runways, power systems, water treatment, and communications systems. The award positions Parsons to compete for task orders and complements a separate $1.5 billion AFCEC environmental services award announced in April 2025.
Positive
- Awarded seat on $15 billion USAF MATOC ceiling
- Initial 5-year ordering period plus five 1-year options
- Scope covers runways, power, water treatment, and communications
- Adds to prior $1.5 billion AFCEC environmental services award (April 2025)
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus 2 Up
Key IT services peers like EPAM, KD, G, and EXLS showed small gains (up 0.38–1.48%), while GDS fell 3.36%. With PSN down 2.42% pre-news and no clear sector-wide downside, the move appears stock-specific.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 10 | Defense contract win | Positive | +2.9% | New <b>$88M</b> task order boosting ABAD contract value and mission support. |
| Dec 08 | Industry award | Positive | -5.2% | TraCSS civil space achievement award highlighting Parsons’ role in space traffic. |
| Dec 05 | Transportation project win | Positive | -5.2% | Lead designer role on <b>$441M</b> I-70 project supporting major reconstruction. |
| Dec 05 | Transit MATOC award | Positive | -5.2% | Position on <b>$1B</b> Sound Transit MATOC tied to <b>$60B</b> capital program. |
| Dec 05 | Investor conference | Positive | -21.1% | CEO fireside chat at Raymond James TMT and Consumer Conference webcast. |
Recent positive contract and recognition news often coincided with negative price reactions, with 4 of the last 5 upbeat headlines followed by declines.
Over the past weeks, Parsons announced several sizable wins and recognitions. A $953M ABAD IDIQ from 2021 and an added $88M task order lifted the ABAD total to $192M in 2025. The company also secured a $441M I-70 design-build role and a $1B Sound Transit MATOC, plus a civil space award for TraCSS. Despite these positives, shares often fell after news, so this new $15B USAF MATOC seat arrives against a backdrop of market skepticism toward prior wins.
Market Pulse Summary
This announcement adds a seat on a $15 billion USAF construction and engineering MATOC with a five-year base period and five option years, plus prior exposure to a $1.5 billion AFCEC environmental contract. Context from recent quarters, including lower revenue reported in the latest 10-Q, highlights the importance of how effectively Parsons converts these ceilings into task orders and revenue while managing integration of recent acquisitions.
Key Terms
multiple award task order contract technical
pfas medical
AI-generated analysis. Not financial advice.
CHANTILLY, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on the U.S. Air Force Comprehensive Construction & Engineering Multiple Award Task Order Contract (MATOC). Managed by the Air Force Civil Engineering Center (AFCEC), this
Under this contract, Parsons will compete for task orders to deliver a wide range of services to support the design and construction management of new facilities, as well as the maintenance, renovation, and restoration of existing infrastructure.
“We remain committed to delivering the technology and expertise in support of the U.S. Air Force and its continued efforts to enhance the resilience and operational readiness of our nation’s military installations,” said Jon Moretta, president, Engineered Systems for Parsons. “Our inclusion in this contract underscores Parsons’ long-standing partnership with the Air Force and highlights our proven capability in providing innovative, mission-critical solutions to the Department of War.”
The contract’s scope encompasses various projects, including administrative facilities, airfields, utilities, and other critical infrastructure. This work supports mission readiness by enhancing facilities like runways, power systems, water treatment plants, and communications networks, ensuring military installations meet modern operational demands.
The company provides infrastructure solutions and all-domain support that enhances operational readiness and helps ensure mission success. This MATOC positions Parsons for continued USAF work, in addition to contracts awarded in 2025. In April, the company announced it was awarded a seat on the
To learn more about Parsons’ federal infrastructure solutions, visit parsons.com/federal-infrastructure/.
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.
Forward-Looking Statements:
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends and factors that are difficult to predict, many of which are outside of our control. Accordingly, actual performance, results and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the government’s budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations or cancellations caused by competitors’ protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train or retain employees with the requisite skills, experience and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews and investigations, which may result in materially adverse judgments, settlements or other unfavorable outcomes. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption “Risk Factors” in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws.
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
What did Parsons announce on December 18, 2025 regarding the USAF contract (PSN)?
How long is the ordering period for the $15 billion USAF MATOC that involves PSN?
What types of projects will Parsons (PSN) compete for under the USAF MATOC?
Does the USAF MATOC award guarantee Parsons specific revenue under PSN?
How does the $15 billion MATOC relate to Parsons' other 2025 federal awards (PSN)?
