Parsons Wins $28M Air Force Task Order, Total GARDEM Awards Reach $218M in 2026
PSN sits 26% above its 52-week low of $48.23.
Summary
Parsons secured a $28 million task order from the U.S. Air Force for comprehensive field site support under the GARDEM 2 program. This is one of four awards Parsons has received for the GARDEM program in 2026, bringing the total for this program to $218 million. This win reinforces Parsons' role as a key technology provider for national security missions and follows a $99 million Air Force task order announced earlier this week. The consistent flow of significant government contracts demonstrates strong operational momentum for the company.
At the time of this announcement, PSN was trading at $60.66 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $6.5B. The 52-week trading range was $48.23 to $89.50. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.