Parsons Corporation (PSN) said Tuesday that its Sealing Technologies subsidiary received a five-year agreement worth up to $750 million to produce mobile cybersecurity systems for U.S.
Shares of Parsons (PSN) were little changed in premarket trading. SealingTech is To ensure this doesnât happen in the future, please enable Javascript and cookies in your browser. If you have an ad-blocker enabled you may be blocked from proceeding.
Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Quick Insights The contract offers Parsons a significant potential revenue source over five years, up to $150 million annually, strengthening its position in military cybersecurity. The JCHK’s sole-source award demonstrates Parsons’ ability to turn R&D into scalable production, reduces competitive risk, and evidences strategic value from acquiring SealingTech.