DealsAug 11, 2026, 06:31 AM
Parsons Awarded $40M US Army Electromagnetic Warfare Contract
AI Summary
Parsons Corporation announced it has been awarded a $40 million Non-Kinetic Effects (NOKE) cost plus fixed fee contract by the U.S. Army. This contract, which includes a base year and four-and-a-half option years, is new work for the company and focuses on advancing next-generation electromagnetic warfare capabilities. Parsons will deliver advanced EW solutions to counter and disrupt adversary systems, enhancing the operational advantage of U.S. and allied forces.
Key Highlights
- Parsons awarded a $40 million Non-Kinetic Effects (NOKE) contract by the U.S. Army.
- The contract is for advancing next-generation electromagnetic warfare (EW) capabilities.
- It includes one base year and four-and-a-half option period years, representing new work.
- Parsons will deliver advanced EW solutions to counter and disrupt adversary systems.
- The capabilities aim to help U.S. and allied forces gain operational advantage.
Price Impact
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