Parsons wins $184 million Navy intelligence contract

Parsons Corporation (NYSE: PSN) received a $184 million contract from the Department of the Navy to support the Intelligence Carry-On Program, the company announced.

The single-award, indefinite-delivery/indefinite-quantity contract supports the Navy's portable intelligence workstation system designed for battlefield operations. The Intelligence Carry-On Program involves ruggedized workstations that operators use in demanding operational environments.

"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.

The contract covers work areas focused on rapid delivery of capabilities for military personnel operating in tactical situations. The program aims to enhance battlespace awareness and operational readiness through portable technology solutions.

Parsons, based in Chantilly, Virginia, provides technology services in national security and infrastructure markets, including cyber warfare, space defense, and transportation sectors.

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