Parsons Awarded $184 Million Navy Intelligence Carry-On Program Contract

About this update from Parsons Corporation

CHANTILLY, Va., June 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), today announced it has been awarded a $184 million ceiling value single-award, indefinite-delivery/indefinite-quantity (IDIQ) contract to support the Department of the Navy's Intelligence Carry-On Program (ICOP). “This award reflects the trust our customer places in Parsons to deliver adaptable, mission-focused solutions,” said Mike Kushin, President of Defense and Intelligence for Parsons. “We are proud to support capabilities that help operators perform more effectively at the tactical edge.” The contract supports a broad range of work areas focused on the rapid delivery of innovative capabilities that enhance speed and agility for the warfighter. ICOP is a portable, ruggedized workstation designed to help operators improve battlespace awareness and readiness in demanding operational environments. To learn more about Parsons’ all-domain solutions, visit Parsons.com/all-domain-solutions/.About Parsons:Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.Forward-Looking Statements:This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends and factors that are difficult to predict, many of which are outside of our control. Accordingly, actual performance, results and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-lookin...

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