Parsons Awarded $125M Contract to Support the U.S. Army Combat Capabilities Development Command Army Research Laboratory
ParsonsParsons(US:PSN) Globenewswire·2026-02-10 11:30

Core Insights - Parsons Corporation has been awarded a $125 million contract over five years to support the U.S. Army's research and development initiatives, specifically through the Army Research Laboratory and its High Performance Computing Modernization Program [1][2] - This contract reflects Parsons' long-standing commitment to innovation and excellence in military support, continuing a partnership with the Army Research Laboratory that has lasted over 20 years [1][2] Company Overview - Parsons is recognized as a leading provider of disruptive technology in national security and global infrastructure markets, with expertise in areas such as cyber and electronic warfare, space and missile defense, and critical infrastructure protection [5] - The company emphasizes its agility and rapid development capabilities to deliver transformative solutions that enhance national security and mission readiness [2][5] Contract Details - Under the new contract, Parsons will provide a range of services including research, development, testing and evaluation, infrastructure operations, and project management [3] - The initiative aims to enhance scientific research and technology in critical areas such as information processing, network sciences, and advanced computing [2][3] Collaboration and Impact - The collaboration with the Army Research Directorate is designed to empower the Army's capabilities in AI/ML research and cybersecurity, contributing to impactful operations [2] - The contract also includes support for the Defense Research and Engineering Network operations, ensuring robust network security and effective systems administration [3]

Parsons Awarded $125M Contract to Support the U.S. Army Combat Capabilities Development Command Army Research Laboratory - Reportify