PSN Parsons Services Company
Price Chart
Executive Summary
Parsons Corporation won a $136 million ceiling-value MATOC contract from the U.S. Air Force for architect-engineer services at Hill AFB. The 8.5-year contract represents new work for the company and supports mission-critical infrastructure modernization.
Key Financial Metrics
Actionable Insight
The contract is modest relative to Parsons' $5.2B market cap and backlog. Monitor future task order awards under this MATOC for revenue visibility. The stock has been underperforming (avg -10.7% T+20 on prior reports), so this neutral news is unlikely to reverse the trend alone.
Key Facts
- Contract ceiling value: $136 million
- Performance period: 8.5 years
- New work for Parsons (not a renewal)
- Multiple award task order contract (MATOC) — revenue depends on task order wins
- Scope includes design, alteration, repair of airfields, buildings, utilities, and cybersecurity services
Financial Impact
$136 million ceiling value over 8.5 years; actual revenue uncertain as task orders are competed
Risk Factors
- Task order competition — no guaranteed minimum revenue
- Government budget uncertainty could delay or reduce task orders
- Historical stock underperformance suggests market may not reward this contract
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3292620 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
5d ago
|
Press Release
| $57.84 awaiting T+1 | awaiting T+1 | — | $56.70 (−1.97%) |
|
Jun 8, 2026
6d ago
|
Press Release
| $58.74 awaiting T+1 | awaiting T+1 | — | $56.70 (−3.46%) |
|
Jun 3, 2026
11d ago
|
Press Release
| $59.95 $60.64 | ▲ +1.15% | ▲ +0.75% | $56.70 (−5.42%) |
|
May 12, 2026
4w ago
|
Press Release
| $52.70 $50.34 | ▼ −4.48% | ▼ −5.05% | $56.70 (+7.59%) |
|
May 8, 2026
5w ago
|
Insider Cluster
| $50.38 $51.48 | ▲ +2.18% | ▲ +2.25% | $56.70 (+12.54%) |
|
May 8, 2026
5w ago
|
Insider Cluster
| $49.18 $48.74 | ▼ −0.89% | ▼ −1.13% | $56.70 (+15.29%) |
|
May 8, 2026
5w ago
|
Insider Cluster
| $49.18 $48.74 | ▼ −0.89% | ▼ −1.13% | $56.70 (+15.29%) |
|
Apr 29, 2026
6w ago
|
Press Release
| $50.30 $50.41 | ▲ +0.22% | ▼ −0.80% | $56.70 (+12.72%) |
|
Apr 27, 2026
6w ago
|
Press Release
| $51.50 $51.84 | ▲ +0.66% | ▲ +1.15% | $56.70 (+10.10%) |
|
Apr 20, 2026
7w ago
|
Press Release
| $54.92 $54.37 | ▼ −1.00% | ▼ −0.35% | $56.70 (+3.24%) |
US Market Status
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