Parsons Corporation (PSN) Awarded $618 Million Cyber & Intelligence Task Order

Parsons Corporation (NYSE: PSN) was awarded a $618 million task order by the U.S. General Services Administration (GSA) for professional services that advance the Intelligence Community’s global cyber and intelligence technologies for C5ISR, exercise, operations, and information services (CEOIS).

“Our transformative acquisitions truly created a differentiated platform to rapidly provide mission-critical intelligence solutions in support of the customer’s mission,” said Paul Decker, executive vice president and general manager of Parsons’ cyber and intelligence market. “We look forward to working with the customer and bringing the dedicated talents of our employees to achieve mission success.”

Parsons will provide capabilities in open-source intelligence (OSINT), system engineering, integrated training, research and development, and rapid prototyping, enabling the customer’s ability to process, exploit, disseminate, and act on information against emerging and evolving threats.

The company’s experience rapidly developing and deploying full-spectrum cyber capabilities provide warfighters with access to critical information and data at the speed and scale required to gain and maintain their decision advantage.

You May Also Be Interested In

• Nanometrics (NANO) Issues Business Update, Reports FY23 Results
• Katapult Holdings (KPLT) Announces Resignation of Chief Accounting Officer
• Arvinas Inc. (ARVN) Appoints Randy Teel as Chief Business Officer