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Parsons Corporation (PSN) Stock Forecasts
Argus has raised its target price for Parsons Corporation (PSN) to $52.00, with the company currently trading at $58.73. Parsons Corp is identified as a provider of technology-driven solutions within the defense, intelligence, and critical infrastructure markets. The report suggests upgrading to premium access …
Parsons expands AI-driven product portfolio to enhance defense, intelligence, and infrastructure solutions.
Parsons Corporation has expanded its AI-powered product portfolio to serve defense, intelligence, and critical infrastructure markets. New offerings like Cyber Fly-Away Kits, AresNXT™, and DroneArmor™ aim to improve cyber operations, biometric security, electronic warfare, and infrastructure protection. These innovations are designed to enhance decision-making, …
Parsons Expands Mission-Focused Product Portfolio Across Defense, Intelligence, and Infrastructure
Parsons Services Company Key Takeaways Parsons' expanding portfolio of mission-focused products – underpinned by artificial intelligence – complements and enhances the company's broader global solutions offerings across national security and critical infrastructure markets. Products including Cyber Fly-Away Kits, AresNXT™, Javelin®, DroneArmor™, TReX®, Peanut™, iNET®, …
Parsons’ AI portfolio covers cyber, drones and satellite operations
Parsons (NYSE: PSN) has expanded its AI-enabled product portfolio across defense, intelligence, and critical infrastructure, emphasizing a "One Parsons" approach to leverage shared expertise for scalable technologies. Key offerings span cyber, space, identity, counter-UAS, and transportation markets, with products evolving from specific customer missions …
Parsons Corp (PSN) Q4 2023 Earnings Report - Results, Call & Slides
Parsons Corp (PSN) released its Q4 2023 earnings report, exceeding analyst expectations with an actual EPS of $0.69 (versus a consensus of $0.63) and actual revenue of $1.49 billion (beating the expected $1.32 billion). This represents a significant year-over-year revenue growth of 35.46%. The …
Parsons (PSN) Projected to Announce Quarterly Earnings on Wednesday
Parsons (NYSE: PSN) is projected to report its Q2 2026 earnings before the market opens on Wednesday, July 29th, with analysts expecting $0.74 EPS and $1.6071 billion in revenue. The company's previous quarter exceeded EPS estimates, reporting $0.79, though revenue was slightly below consensus. …
ICF Awarded New $25 Million Agreement to Deliver Cyber Services to Army Research Lab
Cyber Technology and Research Support Will Advance Tactical Networks for Military Operations RESTON, Va., July 21, 2026 /PRNewswire/ -- ICF (NASDAQ: ICFI), a leading global solutions and technology provider, was recently awarded a new subcontract task order by Parsons Corporation to deliver cybersecurity technology …
Parsons accelerates industrial base modernizati...
Parsons Corporation is actively working to modernize industrial bases and advance manufacturing to bolster national security and infrastructure resilience globally. The company integrates engineering, manufacturing, and infrastructure solutions to enhance production scale and strengthen supply chains, focusing on critical government priorities. Notable projects include …
Parsons will deliver a $169.5M tank farm at Army ammunition plant
Parsons (NYSE: PSN) emphasizes its comprehensive approach to industrial base modernization and advanced manufacturing, supporting national security and infrastructure resilience. The company highlights a significant $169.5 million design-build contract for an Ammonium Nitrate Solution Tank Farm at Holston Army Ammunition Plant and its crucial …
Parsons Wins $33 Million Contract To Modernize New York’s Intelligent Transportation System
Parsons has secured a $33 million contract from the New York State Department of Transportation to implement a statewide transportation systems management and operations platform. The contract involves deploying Parsons' iNET intelligent transportation software, alongside design, development, integration, testing, operations, and maintenance services. This …
Parsons (PSN) Secures $33M NYSDOT Contract for Advanced Traffic Management System
Parsons Corporation (PSN) has secured a $33 million contract from the New York State Department of Transportation (NYSDOT) to implement a comprehensive TSMO Software System using its iNET platform. This initiative aims to enhance New York's transportation efficiency by integrating freeways and arterial roads …
Parsons wins $33M New York traffic management contract
Parsons Corporation has secured a $33 million contract from the New York State Department of Transportation to implement a statewide Transportation Systems Management and Operations software system. This involves deploying Parsons' iNET intelligent transportation software across 11 districts to centralize operations and upgrade traffic …
Parsons Wins $33 Million NYSDOT Contract to Deploy Statewide iNET Smart Mobility System
Parsons Corporation has secured a $33 million contract from the New York State Department of Transportation (NYSDOT) to implement its iNET® smart mobility system statewide. This initiative will centralize operations and enhance transportation efficiency across NYSDOT's 11 districts, including replacing CPU cards for over …
Parsons' $33M deal includes upgrades for 6,000 New York traffic controllers
Parsons (NYSE: PSN) has secured a $33 million contract from the New York State Department of Transportation (NYSDOT) to modernize its statewide Transportation Systems Management and Operations (TSMO) software system. This project involves the enterprise deployment of Parsons’ iNET intelligent transportation platform, along with …
Parsons Corporation $PSN Shares Purchased by Goodman Financial Corp
Goodman Financial Corp significantly increased its stake in Parsons Corporation (NYSE:PSN) by 44.7% in the first quarter, now holding 319,144 shares valued at $17.3 million. This reflects a broader trend of increased institutional ownership, with 98.02% of Parsons stock held by hedge funds and …
Parsons Subsidiary Wins $245 Million Naval Research Laboratory Space Contract
Parsons' subsidiary, Space Ground System Solutions Inc., has secured a five-year, $245 million indefinite delivery, indefinite quantity contract from the U.S. Naval Research Laboratory. The contract involves supporting satellite ground system operations, software development, and cybersecurity for satellite mission systems. This win continues Parsons' …
Is Naval Lab’s US$245 Million Satellite Contract Altering The Investment Case For Parsons (PSN)?
Parsons Corporation's subsidiary, Space Ground System Solutions, secured a five-year, US$245 million contract from the U.S. Naval Research Laboratory for satellite ground systems software. This contract reinforces Parsons' role in national security space programs and adds multi-year revenue visibility, supporting the company's investment narrative …
Parsons Jumps 5.4% Amid Sector-Wide Rally
Parsons Corporation (PSN) saw its stock surge by 5.4% to $56.96, participating in a broad sector-wide rally that also uplifted its peers within the IT services industry. This increase, observed on Wednesday, occurred on relatively light trading volume, suggesting a market shift towards the …