Parsons Corporation Awarded Position On $151 Billion MDA SHIELD Contract
Rhea-AI Summary
Parsons (NYSE: PSN) announced on Dec 22, 2025 that it was awarded a position on the Missile Defense Agency (MDA) SHIELD indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151 billion. The IDIQ covers a broad range of work areas to support rapid delivery of innovative capabilities to the warfighter with increased speed and agility. The announcement highlights Parsons' national security and infrastructure capabilities across cyber, electronic warfare, space and missile defense, transportation and critical infrastructure protection.
Positive
- Selected on MDA SHIELD IDIQ with a $151B contract ceiling
- Covers broad work areas enabling rapid delivery of capabilities
Negative
- Revenue contingent on government budgetary approvals
- Contract revenue timing depends on award orders and execution
Market Reaction 15 min delay 7 Alerts
Following this news, PSN has gained 5.05%, reflecting a notable positive market reaction. Our momentum scanner has triggered 7 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $65.31. This price movement has added approximately $318M to the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
Key peers (EPAM, KD, G, GDS, EXLS) show modest gains between 0.36% and 4.27%, suggesting a generally positive sector tone but not a confirmed momentum-driven sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 18 | Air Force MATOC award | Positive | +0.6% | Won seat on U.S. Air Force construction & engineering MATOC with $15B ceiling. |
| Dec 17 | Cyber contract mod | Positive | -2.4% | Contract modification for Joint Cyber Hunt Kit prototype continuation with defense customers. |
| Dec 10 | ABAD task order | Positive | +2.9% | Awarded $88M task order for Air Base Air Defense systems engineering and integration. |
| Dec 08 | Space award recognition | Positive | -5.2% | TraCSS program won SpaceNews Icon Award for Civil Space Achievement of the Year. |
| Dec 05 | I-70 design-build role | Positive | -5.2% | Selected as lead designer for $441M I-70 Rocheport to Columbia reconstruction project. |
Recent positive contract and award announcements have produced mixed reactions, with more instances of selling or weakness than follow-through strength after good news.
Over the past month, Parsons reported multiple defense and infrastructure wins, including a $15 billion Air Force MATOC seat and an $88 million ABAD task order that lifted 24-hour performance by 2.85%. Other positive items, such as design leadership on a $441 million I-70 project and a major space award, coincided with -5.22% moves, showing that favorable headlines sometimes met selling pressure. Today’s large MDA SHIELD IDIQ position continues this pattern of strategic contract wins within a stock trending below its 200-day MA.
Market Pulse Summary
The stock is up +5.0% following this news. A strong positive reaction aligns with Parsons’ pattern of winning sizable defense and infrastructure work, including prior multi-billion-dollar contract vehicles and large task orders. However, past good news sometimes coincided with pullbacks of around 5%, indicating investors have previously used strength to take profits. With shares already trading below the 200-day MA, sustainability of any sharp move would depend on how much revenue ultimately flows from this $151B SHIELD IDIQ ceiling.
Key Terms
indefinite-delivery/indefinite-quantity (IDIQ) regulatory
AI-generated analysis. Not financial advice.
CHANTILLY, Va., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is pleased to announce it was awarded a contract for the Missile Defense Agency (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of
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:
Angie Benfield
+1 803.334.5277
Angie.Benfield@parsons.com
Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
Dave.Spille@Parsons.us