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Parsons Awarded $137M Defense Threat Reduction Agency Task Order For Cyber Operations
ParsonsParsons(US:PSN) Globenewswireยท2025-06-19 10:25

Core Insights - Parsons Corporation has been awarded a $137 million contract by the Defense Threat Reduction Agency (DTRA) for cyber operations, marking a significant expansion of its work in this area [1][2] - The contract is part of the Assessment, Exercise, Modeling and Simulation, and Support (AEMSS) indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) and includes a one-year base period with four one-year options and one six-month option [1] - This contract represents Parsons' third task order under the AEMSS IDIQ MATOC, continuing its long-standing collaboration with DTRA to enhance national security [2] Company Overview - Parsons is recognized as a leading provider of disruptive technology in national security and global infrastructure markets, with expertise in cyber and intelligence, space and missile defense, and critical infrastructure [5] - The company has extensive experience in cybersecurity operations, offering advanced technical innovations, mission planning, and cyber threat intelligence [3] Industry Context - The contract awarded to Parsons reflects the increasing emphasis on cybersecurity and the need for specialized capabilities to counter threats to national security and critical infrastructure [2][3] - Parsons has a history of supporting DTRA's mission to mitigate threats, indicating a strong alignment with government priorities in national security [2]