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Parsons Bag $392 Mln, Multi-year Contract From A Federal Customer

January 05, 2026 — 06:50 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Parsons Corporation (PSN), a disruptive technology provider in national security and infrastructure markets, Monday announced that it has secured a ten-year, $392 million single-award contract by a Federal customer.

This represents new work for the company and it leverages the company's biometrics and network engineering capabilities, Parsons said in a statement.

On Friday, PSN shares closed at $62.21, up 0.66% on the New York Stock Exchange.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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