Parsons Bags Potential $68M Multiple-Award Contract for C4ISR Architectures

Parsons Corp PSN has won a $28 million multiple-award contract to support the networks division (Code 55100) at the Naval Warfare Center, Pacific (NIWC Pacific) in engineering and technical services spanning naval, joint, allied, and coalition operations.
The contract has a three-year base period with four one-year options for an overall potential value of $68 million.
Parsons team will provide continuing command, control, communications, computer, and intelligence surveillance reconnaissance (C4ISR) systems engineering support.
Price Action: PSN shares traded higher by 0.63% at $33.3 on the last check Friday.

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