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Parsons Awarded $2 Billion Ceiling Air Force Base Modernization Contract News provided by Share this article Share this article CENTREVILLE, Va., March 1, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) was awarded an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the U.S. Air Force Civil Engineer Center (AFCEC) for architecture engineering capabilities, including design, construction management, and the restoration and modernization of Air Force Bases worldwide. The potential 10-year contract has a five-year base period and an option for an additi...

Parsons Reports Fourth Quarter and Full Year 2020 Results Q4 2020 Highlights - Revenue of $964 million, includes $45 million of adverse impact from COVID-19 - Net income of $22 million and margin of 2.2%; adjusted EBITDA of $90 million and margin of 9.4% - Cash flow from operating activities of $176 million - Book-to-bill ratio of 1.1x for Q4 2020 and on a trailing 12-month basis - Closed Braxton acquisition; accelerates growth and expands margins in high-priority space market - Recognized by Forbes as one of the world's best employers and by Ethisphere as one of the world's most ethical comp...

Share this article Share this article CENTREVILLE, Va., Feb. 22, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) has won a seven-year contract with the  U.S. Postal Service's (USPS) Nationwide Program Management Services (PMS) worth a total potential value of $600 million. The deal is the company's third consecutive with the USPS. The seven-year timeframe assumes all option periods are exercised. "We look forward to continuing our 17-year relationship with the USPS and helping them deliver exceptional support to citizens around the country," said Chris Alexander, executive vice preside...

/PRNewswire/ -- Parsons Corporation (NYSE: PSN) has been awarded a task order by the National Geospatial-Intelligence Agency (NGA) on the MOJAVE Functional...

Share this article Share this article CENTREVILLE, Va., Feb. 9, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) was awarded a five-year $69 million contract by the U.S. Army Combat Capabilities Development Command (DEVCOM) Army Research Laboratory (ARL) to develop exploratory, disruptive technology that will provide United States warfighters with the technological edge as part of the Army's future vision. "Our mission is to enhance the Army's C5ISR capabilities with research, development, and innovative technology that increases the effectiveness and operational relevance of the end-us...