Parsons Awarded $100 Million Contract to Expand Defense Industrial Base Munitions Capacity
ParsonsParsons(US:PSN) 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]