Parsons

PSN

Market cap $5.97B

U.S. defense spending is rising sharply. Specialized contractors are positioned to benefit the most from rising demand for AI hardware and software, cybersecurity, and missile tracking technology.

During the quarter, we initiated new positions in Semtech, Tradeweb Markets and SiTime. We also added to Edwards Lifesciences, Waters and Arthur J. Gallagher during the quarter. We ended our investment campaigns in Ares, CCC Intelligent Solutions and Parsons during the quarter.

CHANTILLY, Va., April 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company's joint venture (JV) with GSI Americas Inc. (GSIA) was awarded a $25 million contract by the United States Coast Guard (USCG) for program management services. This new work for the company includes a one-year base period of performance and four one-year option periods.

CHANTILLY, Va., April 14, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the New York City Department of Environmental Protection (DEP) to provide construction management services for the Newtown Creek Combined Sewer Overflow Storage Tunnel project in New York City.

Parsons Corp (NYSE:PSN) shares rose Monday after the company was selected to lead the design of the $409 million Roosevelt Bridge Replacement Project in Oklahoma.

Parsons was selected to lead the design of the $409 million Roosevelt Bridge Replacement Project over Lake Texoma in Bryan and Marshall Counties, Oklahoma.

CHANTILLY, Va., April 10, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce the company's Europe Middle East and Africa team received two awards at the Big Project Middle East Awards 2026 marking the third consecutive year the team has been recognized by the awarding body for exceptional work.

CHANTILLY, Va., April 08, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), a leading provider of national security and global infrastructure solutions, today announced the unification of its aviation capabilities into a single, integrated North American Aviation organization.

CHANTILLY, Va., April 06, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced that the company has been selected by the Utah Department of Transportation (UDOT) to develop, implement, and maintain a statewide Vehicle-to-Everything (V2X) Maintenance and Management System, further expanding the company's leadership in connected vehicle technologies and intelligent transportation.

CHANTILLY, Va., April 01, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release first quarter 2026 financial results before the markets open on Wednesday, April 29, 2026. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and guidance, followed by a question-and-answer session.