Parsons wins $40M U.S. Army electromagnetic warfare contract

Parsons Corporation (NYSE: PSN) has been awarded a $40 million Non-Kinetic Effects (NOKE) cost-plus-fixed-fee contract to develop next-generation electromagnetic warfare capabilities for U.S. Army national security missions, according to a company statement.

The contract includes one base year and four-and-a-half option period years and represents new work for the Chantilly, Virginia-based company.

Under the contract, Parsons will deliver electronic warfare solutions intended to counter and disrupt adversary systems in contested environments in support of U.S. and allied forces.

"Parsons is built to move at the speed of mission need," said Mike Kushin, president of Parsons' Defense and Intelligence. "We rapidly develop, prototype, and field advanced electronic warfare capabilities that help warfighters detect, disrupt, and defeat emerging threats."

The company said its work under the contract will draw on capabilities including radio frequency spectrum exploitation, cyber-electromagnetic operations, signal processing, AI-enabled analytics, and software-defined solutions.

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