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Parsons Corporation Wins $81M US Army Contract for Advanced Radar, AI Solutions
Yahoo Finance· 2025-09-11 17:15
Group 1 - Parsons Corporation has secured an $81 million C5ISR radar contract from the US Army Combat Capabilities Development Command/DEVCOM [1][2] - The contract includes a 12-month base period of performance and four 12-month option periods, focusing on radar engineering solutions for the Army's C5ISR division [2] - The project aims to enhance Army aerial and ground radar capabilities through advanced radio frequency technologies and artificial intelligence integration [3] Group 2 - Parsons Corporation operates in the defense, intelligence, and critical infrastructure markets, providing integrated solutions and services [4]