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Parsons Remains a Top U.S. Military-Friendly Employer
Globenewswire· 2025-12-29 11:30
Core Insights - Parsons Corporation has been recognized six times in 2025 for its commitment to employing military veterans, guard and reserve members, and their families, highlighting its leadership in supporting the military community [1][4] - The company emphasizes the unique skills and dedication that veterans bring to the workforce, aiming to facilitate their transition to civilian life [1][4] Company Commitment - Parsons is dedicated to developing advanced solutions that enhance national security and support military personnel, ensuring they are equipped to address evolving threats [1] - The company’s MILVET program has received accolades for its effectiveness in veteran hiring, retention, and support [4] Awards and Recognition - The company received the 2025 Department of Labor HIRE Vets Gold Medallion Award for excellence in veteran hiring metrics [4] - It ranked 2nd in Virginia and 16th overall in the 2025 Military Times Best for Vets Rankings, marking its highest rankings to date [4] - Parsons was recognized as a Gold/Top 10 Military Friendly Employer in the 2026 GI Jobs rankings, achieving 9th place nationally in the $5B+ category [4] - The company earned the 2025 VET Indexes 5 Star Employer Award for its MILVET program [4] - Parsons was named a Champion by the National Veteran Small Business Coalition for its support of small disadvantaged business programs [4] - The company received nominations for the Employer Support of the Guard and Reserve, including three nominations for the Patriot Awards [4]
Parsons Selected to Design San Antonio's New VIA Rapid Silver Line
Globenewswire· 2025-12-23 11:25
Core Insights - Parsons Corporation has been selected by VIA Metropolitan Transit Authority to complete the final design of the Advanced Rapid Transit program for the VIA Rapid Silver Line in San Antonio [1][2] Group 1: Project Overview - The VIA Rapid Silver Line will span 7.3 miles with an estimated project cost of $322 million, featuring 18 new or modified stations [2] - The project aims to enhance public transportation connectivity in the San Antonio region, supporting economic growth as the population expands [2] Group 2: Technical Features - The ART system will provide fast, frequent, and reliable public transit by implementing dedicated bus lanes, transit-friendly traffic signals, and off-board fare collection [2] - The Green Line, also supported by Parsons, will connect the San Antonio International Airport through Downtown to the historic Missions area, intersecting with the Silver Line in downtown San Antonio [3] Group 3: Company Expertise - Parsons has over 25 years of experience working with VIA and has a proven track record in delivering rapid transit projects across Texas and nationwide [2][3] - The company specializes in various sectors including national security, global infrastructure, and urban development, showcasing its capabilities in transportation and critical infrastructure protection [5]
Stock Market Today: Nasdaq, S&P 500 Futures Rise As Street Awaits Q3 GDP Report—Parsons, ZIM, Trump Media & Technology In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-12-23 10:00
Market Overview - U.S. stock futures rose on Tuesday following a higher close on Monday, with major benchmark indices advancing [1] - Investors are awaiting economic data, including delayed reports on third-quarter GDP and durable goods, as well as updates on industrial production and consumer confidence [1][11] - Trading will be closed on Thursday, with an abbreviated session on Wednesday [1] Treasury Yields and Market Sentiment - The 10-year Treasury bond yielded 4.15%, while the two-year bond was at 3.50% [2] - The CME Group's FedWatch tool indicates an 80.1% likelihood of the Federal Reserve keeping interest rates unchanged [2] Stock Performance - Major indices showed slight gains: Dow Jones up 0.04%, S&P 500 up 0.07%, Nasdaq 100 up 0.11%, and Russell 2000 up 0.02% [2] - The SPDR S&P 500 ETF Trust (SPY) increased by 0.10% to $685.52, and the Invesco QQQ Trust ETF (QQQ) rose by 0.15% to $620.15 [2] Stocks in Focus - Parsons Corp. (PSN) jumped 6.16% after winning a contract under the Missile Defense Agency's SHIELD program [4] - XMax Inc. (XWIN) shares fell 4.45% after filing for a public offering of 1.1875 million shares at $4.21 each [4] - ZIM Integrated Shipping Services Ltd. (ZIM) rose 7.29% after receiving acquisition proposals and is evaluating offers [4] - Trump Media & Technology Group Corp. (DJT) increased by 1.80% after purchasing over $40 million in Bitcoin [4] Economic Insights - LPL Research anticipates a generally positive outlook for the U.S. economy and stock market in 2026, with a modest slowdown expected early in the year before a rebound [8] - The bull market is projected to extend, driven by AI investment and easing monetary policy, with a year-end S&P 500 target range of 7,300–7,400 [9] Strategic Recommendations - LPL's committee maintains a tactical neutral stance on equities, advising investors to prepare for volatility while favoring growth style over value [10]
Stock Market Today: Nasdaq, S&P 500 Futures Rise As Street Awaits Q3 GDP Report—Parsons, ZIM, Trump Media & Technology In Focus
Benzinga· 2025-12-23 10:00
Market Overview - U.S. stock futures rose on Tuesday following a higher close on Monday, with major benchmark indices advancing [1] - Investors are awaiting economic data, including delayed reports on third-quarter GDP and durable goods, as well as updates on industrial production and consumer confidence [1][11] - Trading will be closed on Thursday, with an abbreviated session on Wednesday [1] Treasury Yields and Market Sentiment - The 10-year Treasury bond yielded 4.15%, while the two-year bond was at 3.50% [2] - The CME Group's FedWatch tool indicates an 80.1% likelihood of the Federal Reserve keeping interest rates unchanged [2] Stock Performance - Major indices showed slight gains: Dow Jones up 0.04%, S&P 500 up 0.07%, Nasdaq 100 up 0.11%, and Russell 2000 up 0.02% [2] - The SPDR S&P 500 ETF Trust (SPY) increased by 0.10% to $685.52, and the Invesco QQQ Trust ETF (QQQ) rose by 0.15% to $620.15 [2] Stocks in Focus - Parsons Corp. (NYSE:PSN) jumped 6.16% after winning a contract under the Missile Defense Agency's SHIELD program [4] - XMax Inc. (NASDAQ:XWIN) shares fell 4.45% after filing for a public offering of 1.1875 million shares at $4.21 each [4] - ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) rose 7.29% after receiving acquisition proposals and is evaluating offers [4] - Trump Media & Technology Group Corp. (NASDAQ:DJT) increased by 1.80% after purchasing over $40 million in Bitcoin [4] Economic Insights - LPL Research anticipates a generally positive outlook for the U.S. economy and stock market in 2026, with a modest slowdown expected early in the year before a rebound [8] - The bull market is expected to extend, driven by AI investment and easing monetary policy, with a year-end S&P 500 target range of 7,300–7,400 [9] Strategic Recommendations - LPL's committee maintains a tactical neutral stance on equities, advising investors to prepare for volatility while favoring growth style over value [10]
Parsons Corporation wins $151B MDA SHIELD contract (PSN:NYSE)
Seeking Alpha· 2025-12-22 21:17
Group 1 - The article does not provide any specific content related to company or industry analysis [1]
Parsons Corporation Awarded Position On $151 Billion MDA SHIELD Contract
Globenewswire· 2025-12-22 21:05
CHANTILLY, Va., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is pleased to announce it was awarded a contract for the Missile Defense Agency (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151B. This contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility. About Parsons: Parsons (NYSE: ...
Parsons Awarded $30M Contract to Enhance Support to DARPA Blackjack Space Mission
Globenewswire· 2025-12-22 11:25
CHANTILLY, Va., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $30 million contract, along with a novation to the U.S. Space Development Agency (SDA), to enhance a previously awarded $11 million contract from 2021 by the Defense Advanced Research Projects Agency (DARPA) for the Blackjack flight demonstration. This substantial expansion underscores Parsons' dedication to delivering innovative and effective solutions for defense clients in the space sector. “Parsons is a ...
Parsons Corporation (NYSE:PSN) Sees Positive Outlook from Barclays with a $70 Price Target
Financial Modeling Prep· 2025-12-19 17:05
Group 1 - Parsons Corporation is a significant player in the defense and infrastructure sectors, providing technology-driven solutions to the U.S. government and other clients globally [1] - Barclays has set a price target of $70 for Parsons, indicating a potential upside of 15.61% from its current trading price of $60.55 [1][5] - The company recently secured a $100 million contract to enhance the U.S. defense industrial base's munitions production, highlighting its strategic importance to national defense [2][5] Group 2 - The stock's trading range for the day has been between $60 and $61.25, indicating some volatility [3][5] - Over the past year, Parsons' stock has experienced a high of $97.91 and a low of $54.56, reflecting market responses to its business activities and broader economic conditions [3][5] - Parsons has a market capitalization of approximately $6.46 billion, indicating its significant presence in the industry [4]
Brown Advisors Mid-Cap Growth Strategy Added Parsons (PSN) to Its Portfolio in Q3
Yahoo Finance· 2025-12-19 11:31
Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy underperformed its benchmark, the Russell Midcap® Growth Index, in the third quarter of 2025, which increased approximately 3%.  In addition, please check the fund’s top five holdings to know its best picks in 2025. In its third-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy highlighted st ...
Parsons Awarded $100 Million Contract to Expand Defense Industrial Base Munitions Capacity
Globenewswire· 2025-12-19 11:30
Core Insights - Parsons Corporation has been awarded a task order exceeding $100 million by Nammo to manage the design and construction of a new rocket motor manufacturing facility in Perry, Florida, which supports the Department of War's acquisition strategy [1][2] - The project aims to enhance the U.S. munitions production capacity, improve supply chain resilience, and expedite the delivery of critical capabilities to military personnel [1][2] Company Overview - Parsons is recognized as a leading provider in national security and global infrastructure markets, specializing in areas such as cyber and electronic warfare, space and missile defense, and critical infrastructure protection [5] - The company has been ranked as the world's top program management and a leading construction management firm by Engineering News-Record in 2025 [2] Project Details - The contract includes a two-year construction period and represents new work for Parsons, marking a significant step in expanding the U.S. munitions industrial base [1][2] - The Perry site serves as a center of excellence for munitions and pyrotechnic products, providing energetic systems to the Department of War [2] Industry Context - Nammo, the partner in this project, is an international aerospace and defense company with over 4,000 employees and 27 production sites, recognized for its specialty ammunition and rocket motors [4]