Parsons Strengthens Leadership in Global Counter-Nuclear Smuggling Mission with Two New NNSA Task Orders
Parsons (NYSE: PSN) announced two new task orders, Middle East 3 (ME3) Region and Africa 2 Region, under the U.S. Department of Energy NNSA’s Counter Nuclear Smuggling Systems Deployment (CNSSD) contract.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Parsons (NYSE: PSN) announced two new task orders, Middle East 3 (ME3) Region and Africa 2 Region, under the U.S. Department of Energy NNSA’s Counter Nuclear Smuggling Systems Deployment (CNSSD) contract. The awards cover counter-nuclear smuggling system design and deployment across 25 countries.
According to Parsons, the task orders run through a base period ending July 2027, with four option periods extending potential work to July 2031. These additions bring Parsons’ CNSSD portfolio to seven task orders totaling approximately $90 million in awarded value, building on its March 2024 selection for one of two positions on the CNSSD MATOC with a $1 billion ceiling.
Positive
- CNSSD portfolio expanded to seven task orders with approximately $90 million in awarded value
- New ME3 and Africa 2 task orders include options extending work potentially through July 2031
- Parsons holds one of two positions on the $1 billion ceiling CNSSD MATOC
Negative
- None.
Details
News Market Reaction – PSN
On Aug 28, the first trading day after this news, PSN closed 0.55% below the previous close.
Data tracked by StockTitan Argus for the Aug 28 session.
Key Figures
- New task orders
- 2 task orders
- CNSSD awards
- CNSSD portfolio
- 7 task orders
- Total portfolio after awards
- Awarded value
- approximately $90 million
- CNSSD portfolio awarded value to date
- Countries supported
- 25 countries
- Middle East and Africa regions
- Base period
- through July 2027
- Two CNSSD task orders
- Option periods
- 4 option periods
- CNSSD task orders
- Option-period extension
- through July 2031
- CNSSD task orders
- CNSSD MATOC ceiling
- $1 billion
- Ceiling value awarded in March 2024
Historical Context
-
Awarded position on COMET contract with more than $14 billion combined ceiling
-
Received five-year sole-source JCHK production contract with up to $750 million ceiling
-
Secured two-year $514 million Missile Defense Agency contract option
-
Selected for $350 million Seabed to Space ISR multiple-award contract
-
Selected as Space Force NITE-STAR multiple-award IDIQ contract participant
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Key Takeaways:
- Parsons secured two new NNSA CNSSD task orders for design and deployment of counter-nuclear smuggling systems across the Middle East and Africa.
- The awards bring Parsons' total CNSSD portfolio to seven task orders and approximately
$90 million in awarded value. - Parsons continues to advance global nonproliferation efforts by delivering end-to-end counter-nuclear smuggling solutions to international partners.
CHANTILLY, Va., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it was awarded the Middle East 3 (ME3) Region and Africa 2 Region task orders under the U.S. Department of Energy National Nuclear Security Administration's (NNSA) Counter Nuclear Smuggling Systems Deployment (CNSSD) contract.
The Middle East Region 3 and Africa 2 Region task orders support counter-nuclear smuggling initiatives across 25 countries, including design and deployment in both regions. The two awards include a base period through July 2027, with four option periods extending through July 2031. This brings Parsons’ total CNSSD portfolio to seven task orders with approximately
"The threat of nuclear and radiological smuggling remains a critical global security challenge that requires strong international partnerships and proven technical expertise," said Martin Boson, president of Engineered Systems for Parsons. "These awards reflect our longstanding commitment to advancing U.S. nonproliferation objectives and national security by equipping partner nations with the technologies and capabilities needed to detect and deter illicit trafficking activities. We are proud to continue supporting NNSA's mission across strategically important regions around the world."
In March 2024, NNSA awarded Parsons one of two positions on the
Parsons leverages decades of experience in nuclear security, systems integration, and international program delivery to help governments detect, disrupt, and interdict the illicit trafficking of radioactive and nuclear materials. 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.