PSN
Parsons Corporation (NYSE: PSN) announced that Parsons was awarded a $99 million single-award task order to...
Article Summary
BUY- Parsons Corporation (NYSE: PSN) announced that Parsons was awarded a $99 million single-award task order to provide research, development, engineering, prototyping, integration, testing, and demonstration of technologies in support of Global Application Research, Development, Engineering and Maintenance 2 (GARDEM 2) Command and Control, Space and Intelligence, Surveillance & Reconnaissance software baselines.
- The award from the U.S.
- Air Force Research Laboratory (AFRL) includes a five-year plus two-month performance period and expands Parsons' leadership in delivering advanced software solutions across the all-domain battlespace.
- The task order awarded under the ALLIANT 2 multiple award schedule is a follow-on to the current GARDEM contract and continues support for the C2Core Air capability developed by AFRL and Parsons with deployments across all Air Operations Centers for the next five years.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -6.9% | 25% | 0.0 ptsDeclining (-6.9%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 9.8% | 25% | 20.0 ptsWeak (9.8%) - Low expectations |
| Target Price Upside ? | 17.9% | 20% | 60.0 ptsModerate Upside (17.9%) - Target: $69.64 vs Current: $59.05 |
| Gross Margin % ? | 22.8% | 15% | 40.0 ptsModerate (22.8%) - Adequate margins |
| Drawdown from 52-Wk High ? | -34.0% | 15% | 80.0 ptsSolid Dip (-34.0%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About PSN
- Parsons Corporation provides design, engineering and technical services, and smart and agile software for the United States federal government and critical infrastructure customers worldwide.
- It operates through Federal Solutions and Critical Infrastructure segments.
- The Federal Solutions segment offers critical technologies, such as cyber; air and missile defense; intelligence; aviation modernization; electronic warfare; space ground systems, cislunar, A-PNT, and classified sensors; geospatial and signals intelligence; environmental remediation; border security and counter-drug, critical infrastructure protection; counter unmanned air systems; biometrics; and bio surveillance solutions.
- This segment also provides software and hardware, and technical expertise; satellite ground systems support and operations, flight dynamics, data fusion and analytics, platform system integration, directed energy, joint all-domain operations, and command and control systems; digital landscape, including full-spectrum cyber, defensive cyber operations, information operations, and analytics; and electronic warfare, multi-domain operations, mission support and national to tactical operations, as well as cyber solutions and products.
- The Critical Infrastructure segment develops digital solutions for aviation, rail and transit, bridges, roads, highways, and urban destinations.
- This segment also provides planning, engineering, and management services for complex infrastructure comprising bridges, tunnels, roads and highways, and water and wastewater systems; intelligent transportation systems, utilities, environmental remediation, emerging contaminants, aviation, and rail and transit, as well as ParsonsX, a digital transformation organization; and multi-disciplinary design, technical, and management solutions.
- Parsons Corporation was founded in 1944 and is headquartered in Chantilly, Virginia.