PARSONS CORP

Parsons Corporation highlighted its integrated industrial base modernization and advanced manufacturing solutions, which strengthen national security and global infrastructure resilience. The company's end-to-end delivery model combines engineering expertise, advanced technologies, and global program delivery to transform industrial capacity. Parsons is actively involved in significant projects, including a $169.5 million contract for the Holston Army Ammunition Plant and supporting Nammo's new rocket motor production facility, demonstrating its role in critical national security and economic priorities.

Parsons Corporation announced it was awarded a $33 million contract by the New York State Department of Transportation (NYSDOT) to deliver the Statewide TSMO Software System. The contract involves the enterprise-level deployment of Parsons' iNET® intelligent transportation software, along with comprehensive services including design, development, integration, testing, operations, and maintenance. This significant win expands Parsons' statewide advanced traffic management system deployments, adding New York to its portfolio alongside Georgia and New Jersey.

Parsons Corporation's wholly owned subsidiary, Space Ground System Solutions, Inc. (SGSS), has been awarded a five-year, $245 million indefinite delivery, indefinite quantity (IDIQ) contract by the U.S. Naval Research Laboratory (NRL). This contract will provide software development, sustainment, and operations support for critical satellite mission systems. The award extends Parsons' 30-year history of supporting the Blossom Point Tracking Facility, reinforcing its role in delivering resilient space capabilities for national security.

Parsons Corporation announced the launch of AresNXT™, a new biometrics platform designed for secure, scalable identity management. This platform supports critical infrastructure, national security operations, and large-scale events by enabling fast and informed identity decisions through biometric and biographic data verification. AresNXT offers cross-platform compatibility, integrates AI-driven capabilities, and has already shown positive results in pilot deployments, including with a federal law enforcement client.

Parsons Corporation has secured a three-year contract from Lusail Real Estate Development Company (LREDC) to provide program management, construction management, and construction supervision for the Lusail City Infrastructure Program in Qatar. This significant award continues Parsons' nearly two-decade involvement in one of the Middle East's largest urban developments. The contract reinforces Parsons' role as a key partner in delivering complex, multi-stakeholder projects aligned with Qatar's national strategic frameworks.

Parsons Corporation announced the expansion of its comprehensive solutions to mitigate the impacts of per- and polyfluoroalkyl substances (PFAS) on the environment. Leveraging two decades of experience, the company strengthens its market position as a leading PFAS solutions provider in North America. Parsons' integrated suite of solutions includes four core technologies: Hot ISCO, UV PFAS Destruction, Thermal Desorption, and AFFF Cleanout, designed to address regulatory demands and deliver sustainable remediation. These technologies have already led to significant contract wins, demonstrating the company's technical leadership and ability to deliver results at scale.

Parsons Corporation announced it will release its second quarter 2026 financial results before market open on Wednesday, July 29, 2026. The company will host a conference call at 8:00 a.m. Eastern Time on the same day to discuss earnings and guidance, followed by a Q&A session. A webcast of the live call will be accessible via the Investor Relations section of Parsons' website, with a replay available for one year.

Parsons Corporation announced its delivery of full-spectrum cyber and electromagnetic (Cyber-EW) capabilities, leveraging advanced artificial intelligence (AI) and machine learning (ML). These integrated solutions are designed to enhance spectrum superiority, strengthen cyber resilience, and accelerate decision-making for government customers in contested environments. The company aims to improve warfighter lethality, situational awareness, and mission effectiveness by applying AI across defensive and offensive cyber operations and electromagnetic domains, addressing evolving threats and mission requirements.

Parsons Corporation announced it has been selected for the design oversight and construction oversight contracts on the estimated $1.1 to $1.4 billion John A. Blatnik Bridge Project. The contracts were awarded by the Minnesota and Wisconsin Departments of Transportation. Parsons, which previously handled preliminary engineering, will continue its services through the design and construction phases. The project, connecting Duluth, Minnesota, and Superior, Wisconsin, is slated to begin in Fall 2026 with traffic opening in 2031.

Parsons Corporation has been awarded a single-award, indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling value of $184 million by the Department of the Navy. This contract supports the Intelligence Carry-On Program (ICOP), focusing on the rapid delivery of innovative capabilities to enhance warfighter speed and agility. The ICOP provides portable, ruggedized workstations to improve battlespace awareness and readiness, reflecting the customer's trust in Parsons' solutions.