1. Parsons awarded a $151B contract for missile defense capabilities. 2. Contract allows rapid delivery of innovative defense solutions. 3. Highlights Parsons' strengths in national security and infrastructure. 4. Future performance faces uncertainties, primarily from government relations. 5. Long-term government contracts are critical for revenue stability.
The $151B contract significantly enhances PSN's revenue potential and competitive edge in defense.
The contract's size and significance in defense contracting amplify PSN's market position and investor confidence.
Contract longevity opens up opportunities for sustained revenue across multiple years.
CHANTILLY, Va., December 22, 2025 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) has announced the signing of a significant contract with the Missile Defense Agency (MDA) for the Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) program. This indefinite-delivery/indefinite-quantity (IDIQ) contract carries a ceiling value of $151 billion and is designed to facilitate the swift deployment of innovative defense capabilities to the warfighter.
The SHIELD contract encompasses a wide array of work areas, enhancing Parsons' ability to provide rapid and effective solutions in national defense. This strategic initiative reflects a commitment to increasing operational efficiency and agility in defense operations, catering to the evolving needs of the military sector.
The award of the SHIELD contract positions Parsons (NYSE: PSN) at the forefront of technological advancement in national security and infrastructure sectors. With its extensive capabilities across critical areas such as cyber and electronic warfare, space and missile defense, and urban development, Parsons is set to leverage this contract to enhance its portfolio and drive long-term growth.
Parsons Corporation is recognized as a leading provider of disruptive technologies in the national security and global infrastructure markets. The company’s expertise extends across various domains, including transportation, water and environment, and critical infrastructure protection. For more information on how Parsons is making a meaningful impact, visit Parsons.com and follow them on LinkedIn.
This statement contains forward-looking information as per the Private Securities Litigation Reform Act of 1995. These projections and anticipated outcomes depend on numerous factors, including market demand, government contract renewals, and overall economic conditions that are subject to change. Accordingly, actual results may differ substantially from these estimates.
For further inquiries, please contact: