Intrusion (INTZ) Q2 2025 Earnings Call August 12, 2025 05:00 PM ET Speaker0Good day, everyone, and welcome to the Intrusion Second Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode, and we will open the floor for your questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Josh Carroll, Investor Relations. Sir, the floor is yours.Speaker1Thank you, and welcome. Joining me today are Tony Sco ...

Summary of Parsons (PSN) FY Conference Call - June 03, 2025 Company Overview - **Company**: Parsons Corporation (PSN) - **Industry**: Aerospace and Defense, Smart City Technologies Key Points and Arguments Financial Guidance and Contract Updates - Parsons updated its full-year guidance, removing a contract with the Department of State due to uncertainty, resulting in a zero financial reflection after June [3][4] - The company anticipates a **17% total growth** and **14% organic growth**, excluding the removed contract [5] - Federal segment growth is projected at **19% total** and **17% organic**, while critical infrastructure is expected to grow **15% total** and **11% organic** [5] Market Position and Backlog - Parsons has a **68% win rate** year-to-date through Q1, contributing to significant job wins [6] - The company has a backlog of **$9 billion**, with **69% funded**, and an additional **$12 billion** in awarded but not booked jobs [6] Margin Expansion - Parsons is expanding its margins by **30 basis points** this year, following a **50 basis points** expansion last year, with the most significant opportunities in the Critical Infrastructure segment [7] Growth Strategy - The growth strategy focuses on investing in software and integrated solutions to win larger contracts, with a pipeline exceeding **$50 billion** [8] - The company aims to be a digital transformation pioneer in critical infrastructure, leveraging cyber capabilities and technology [11] Federal and Infrastructure Opportunities - Parsons has longstanding contracts with the Federal Aviation Administration (FAA) and the Missile Defense Agency, with significant remaining scopes [14][15] - The company is involved in various infrastructure projects, including a **$1.2 billion** contract with the FAA and **$21 billion** for munitions modernization [17][18] Middle East Market Growth - The Middle East is experiencing a boom in infrastructure spending, with Saudi Arabia planning to spend **$1.3 trillion** by 2030 [52] - Parsons is involved in numerous projects across the region, including the Riyadh Metro and King Salmon International Airport, with expectations of **double-digit growth** [49][52] Cybersecurity and AI Initiatives - Parsons applies AI across various programs, enhancing capabilities in offensive cyber operations and infrastructure management [46][47] - The company has developed internal AI applications for cash forecasting and project win predictions, achieving **92% accuracy** [47] Future Outlook - The company anticipates a peak in infrastructure spending around **2028**, with ongoing opportunities from federal and state funding [32][42] - Parsons is positioned to leverage its capabilities in defense and security, particularly in the Middle East, where it has established contracts and partnerships [58][59] Additional Important Insights - The company has a **people-first culture**, with low employee retention rates and ongoing hiring to meet demand [30] - Parsons has a proven capital deployment strategy, with plans for **two to four M&A deals** this year [33] - The company emphasizes its non-consulting firm status, focusing on delivering engineering and integration services rather than traditional consulting [36][37]