The five-year contract supports software and operations for mission-critical satellite ground systems at the Naval Research Laboratory.
Parsons subsidiary Space Ground System Solutions has been awarded a $245M contract by the U.S. Naval Research Laboratory. The five-year, indefinite delivery, indefinite quantity agreement focuses on advancing satellite ground systems software and operations.
This contract extends a 30-year partnership with the Naval Research Laboratory, reinforcing the company’s role in defense and space technology. The deal aligns with broader U.S. defense spending on satellite and communications infrastructure.
No immediate market reaction was reported following the announcement.