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Stock impact report

Parsons Awarded $27 Million Defense Threat Reduction Agency Task Order for Proliferation Prevention

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a Defense Threat Reduction Agency (DTRA) Proliferation Prevention Program task order to reduce the threat of weapons of mass destruction (WMD) proliferation in Eastern Europe. The $27 million ceiling-value task order under the DTRA Cooperative Threat Reduction Integrating Contract (CTRIC) III is new work for the company and consists of a two-year period of performance and three one-year option periods. Under this task order, Parsons will provide expertise, training, and resources to allow partner nations in Eastern Europe to address existing and emerging security risks. The company will provide DTRA with program management, equipment procurement and delivery, training, sustainment, and design and construction management capabilities. “Our proven, best-in-class people and solutions are leading the charge for a safer world,” said Jon Moretta, President, Engi Show less Read more
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