{"id":997372,"date":"2026-08-24T06:33:17","date_gmt":"2026-08-24T10:33:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/"},"modified":"2026-08-24T06:33:17","modified_gmt":"2026-08-24T10:33:17","slug":"parsons-secures-514-million-missile-defense-agency-contract-option","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/","title":{"rendered":"Parsons Secures $514 Million Missile Defense Agency Contract Option"},"content":{"rendered":"<div class=\"mw_release\">\n<p \/>\n<p>Key Takeaways:<\/p>\n<ul type=\"disc\">\n<li>Parsons secured a $514 million, two-year contract option of its existing Technical, Engineering, Advisory, and Management Support (TEAMS) \u2013 Next Missile Defense System Engineering contract from the Missile Defense Agency.<\/li>\n<li>The company will continue providing engineering, technical, analytical, and oversight support for the nation\u2019s integrated Missile Defense System.<\/li>\n<li>Parsons is continuing to support the Missile Defense Agency in helping ensure the effectiveness and readiness of U.S. missile defense capabilities against rapidly evolving threats.<\/li>\n<\/ul>\n<p>CHANTILLY, Va., Aug.  24, 2026  (GLOBE NEWSWIRE) &#8212; Parsons Corporation announced today it has been awarded a $514 million contract option by the Missile Defense Agency (MDA) to continue providing engineering and technical support to the agency. This is option two of the company\u2019s existing\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=SxgShkfGdXTFlsFZLawv8JqwO2kIF6JsmVEyd4By1inX9i93wlEC5FK5mXTkgY1O79QrQo7xZwmHqggIT9JDf7o_O2EM8D1coByl_Jy1WoDOCaMRiV_bAMfGGpZrirsEmtGld-oPLnr5OdTpBMJ2OOOUgaIU6T9tHO8XE7TU9QenyVmnlBenVIz4MXag2z307XTGidh7mFITLKAWYrAS1l4LTJbHgC69lMojDpkrAkDYfkS_fg8V4LMOO2zvsa3gc9l3enzJjS0WkR7bV2iVMA==\" rel=\"nofollow\" target=\"_blank\">Technical, Engineering, Advisory, and Management Support (TEAMS) &#8211; Next Missile Defense System Engineering<\/a> contract, which was originally awarded in 2021.<\/p>\n<p>\u201cAs missile threats grow more advanced, the need for integrated, battle-ready air and missile defense capabilities has never been greater,\u201d said Mike Kushin, president, Defense &amp; Intelligence for Parsons. \u201cParsons is delivering the technologies, systems integration, and operational solutions that help ensure the nation maintains a decisive advantage against evolving adversary capabilities. We are proud to support the Missile Defense Agency in strengthening the nation\u2019s missile defense system through resilient command and control, advanced systems engineering, and mission-critical solutions that enable warfighters to detect, track, and defeat threats before they reach our homeland.\u201d<\/p>\n<p>This option further continues Parsons\u2019 partnership with MDA, underscoring the company\u2019s position as a trusted provider of <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wjEGcogNBm68hzG5BIKyn_enQ3_-HxbYgmgKJ0lAal7Lk1UvgNRnRI2B3ltRHvpFVf4yVVMzVbPuLoFswAVcKxRw2XWad3BMW_aK80abGx1VFIh30h4A266ygg5lK61nEF-hleNF7g6WJ3c3ClEwLNSAeBqbT93r5KiiqNLCC6apkmAxk2FmraBAqMbr4QB2\" rel=\"nofollow\" target=\"_blank\">advanced systems engineering, integration, and technical expertise<\/a>. <br \/>Under the contract, Parsons delivers advanced engineering and technical support for studies, analysis, evaluation, and oversight for the integrated Missile Defense System (MDS).<\/p>\n<p>Parsons provides support to the MDA\u2019s missile defense programs to protect citizens and critical infrastructure from existing and emerging threats, including ballistic missiles and hypersonic weapons. From its Air Base Air Defense (ABAD) work overseas to protect critical national security infrastructure to formidable non-kinetic missile defeat capabilities leveraging its advanced electromagnetic warfare (EW) expertise, the company continues to deliver integrated, mission-critical solutions across air, land, sea, space, and cyber domains.<\/p>\n<p>To learn more about Parsons\u2019 missile defense solutions, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pqb43truOaGoYUG6rf4hV77WFYZLHBRxtq7B4-DUumxld8ZXQ_KfHRg_kuJ-AIXw3Bq7ahUiSKgAf7F_Zc_qxS5lRyIwp8VMwS3zJnaRZbWxktXsRt8gQfUFEB66rok0xdT-0ltMlyWetlYMo3ZCZA==\" rel=\"nofollow\" target=\"_blank\">Parsons.com\/missile-defense-C5ISR\/<\/a>.<\/p>\n<p>\n        <strong>About Parsons:<\/strong><br \/>\n        <br \/>\n        <em>Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit\u00a0<\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pqb43truOaGoYUG6rf4hV4w496s6UuB9fZ7GJDmFn7sOLZaV0-B2Amv4EREEApxJm-UH2KwfsmJwenlJeCWPlw==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <em>Parsons.com<\/em><br \/>\n        <\/a><br \/>\n        <em>\u00a0and follow us on\u00a0<\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HpxG8P17sLUSwTO5KDtInaaLn4c0chDQa9oJxwDGsq-UR38fiDc3mVBfDp2JJ5gt6o2tzCz7PC2n2UvibX_Wjp1OT53_ea18t0drrrW6xzs=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <em>LinkedIn<\/em><br \/>\n        <\/a><br \/>\n        <em> to learn how we\u2019re making an impact.<\/em>\n      <\/p>\n<p>Media Contact:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>Angie Benfield\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>+1 803.334.5277<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AQ_hDRpkdYyAlzfFy67GzcP8Q_CcrDBdIFcERrHudNDqkqme4PwFY_rJblx4khmMXlQyAg5BdqZyHiNRb2dL4y-if883EQq-OdjQ0Kr_GEQGsmvJAAAeq111IUIcIBPV\" rel=\"nofollow\" target=\"_blank\">Angie.Benfield@parsons.com<\/a><\/p>\n<p>Investor Relations Contact:<br \/>Dave Spille<br \/>+ 1 703.775.6191<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=t42niBgAtF2PMNh-4w7cpZRtsezXF4gaSz_R3Hdz9imanVA6MTXUpN_kYRtA3Xf1AiNzr1V3Z3315xNy9OjhqMH4DKzmL3asfA35Unoebf0=\" rel=\"nofollow\" target=\"_blank\">Dave.Spille@Parsons.us<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgxMzczMiM3Nzg2NjQ3IzIxODYzOTk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MTU3YmNjNzItNjg4Ni00ZjIzLTlkNDItOTExNDBhMzIyOTNhLTExOTc5NTMtMjAyNi0wOC0yNC1lbg==\/tiny\/Parsons-Services-Company.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways: Parsons secured a $514 million, two-year contract option of its existing Technical, Engineering, Advisory, and Management Support (TEAMS) \u2013 Next Missile Defense System Engineering contract from the Missile Defense Agency. The company will continue providing engineering, technical, analytical, and oversight support for the nation\u2019s integrated Missile Defense System. Parsons is continuing to support the Missile Defense Agency in helping ensure the effectiveness and readiness of U.S. missile defense capabilities against rapidly evolving threats. CHANTILLY, Va., Aug. 24, 2026 (GLOBE NEWSWIRE) &#8212; Parsons Corporation announced today it has been awarded a $514 million contract option by the Missile Defense Agency (MDA) to continue providing engineering and technical support to the agency. This is option two of the company\u2019s existing\u00a0Technical, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Parsons Secures $514 Million Missile Defense Agency Contract Option&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-997372","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Parsons Secures $514 Million Missile Defense Agency Contract Option - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parsons Secures $514 Million Missile Defense Agency Contract Option - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Key Takeaways: Parsons secured a $514 million, two-year contract option of its existing Technical, Engineering, Advisory, and Management Support (TEAMS) \u2013 Next Missile Defense System Engineering contract from the Missile Defense Agency. The company will continue providing engineering, technical, analytical, and oversight support for the nation\u2019s integrated Missile Defense System. Parsons is continuing to support the Missile Defense Agency in helping ensure the effectiveness and readiness of U.S. missile defense capabilities against rapidly evolving threats. CHANTILLY, Va., Aug. 24, 2026 (GLOBE NEWSWIRE) &#8212; Parsons Corporation announced today it has been awarded a $514 million contract option by the Missile Defense Agency (MDA) to continue providing engineering and technical support to the agency. This is option two of the company\u2019s existing\u00a0Technical, &hellip; Continue reading &quot;Parsons Secures $514 Million Missile Defense Agency Contract Option&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-24T10:33:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgxMzczMiM3Nzg2NjQ3IzIxODYzOTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parsons-secures-514-million-missile-defense-agency-contract-option\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parsons-secures-514-million-missile-defense-agency-contract-option\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Parsons Secures $514 Million Missile Defense Agency Contract Option\",\"datePublished\":\"2026-08-24T10:33:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parsons-secures-514-million-missile-defense-agency-contract-option\\\/\"},\"wordCount\":445,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parsons-secures-514-million-missile-defense-agency-contract-option\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgxMzczMiM3Nzg2NjQ3IzIxODYzOTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parsons-secures-514-million-missile-defense-agency-contract-option\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parsons-secures-514-million-missile-defense-agency-contract-option\\\/\",\"name\":\"Parsons Secures $514 Million Missile Defense Agency Contract Option - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/","og_locale":"en_US","og_type":"article","og_title":"Parsons Secures $514 Million Missile Defense Agency Contract Option - Market Newsdesk","og_description":"Key Takeaways: Parsons secured a $514 million, two-year contract option of its existing Technical, Engineering, Advisory, and Management Support (TEAMS) \u2013 Next Missile Defense System Engineering contract from the Missile Defense Agency. The company will continue providing engineering, technical, analytical, and oversight support for the nation\u2019s integrated Missile Defense System. Parsons is continuing to support the Missile Defense Agency in helping ensure the effectiveness and readiness of U.S. missile defense capabilities against rapidly evolving threats. CHANTILLY, Va., Aug. 24, 2026 (GLOBE NEWSWIRE) &#8212; Parsons Corporation announced today it has been awarded a $514 million contract option by the Missile Defense Agency (MDA) to continue providing engineering and technical support to the agency. This is option two of the company\u2019s existing\u00a0Technical, &hellip; Continue reading \"Parsons Secures $514 Million Missile Defense Agency Contract Option\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/","og_site_name":"Market Newsdesk","article_published_time":"2026-08-24T10:33:17+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgxMzczMiM3Nzg2NjQ3IzIxODYzOTk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Parsons Secures $514 Million Missile Defense Agency Contract Option","datePublished":"2026-08-24T10:33:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/"},"wordCount":445,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgxMzczMiM3Nzg2NjQ3IzIxODYzOTk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/parsons-secures-514-million-missile-defense-agency-contract-option\/","name":"Parsons Secures $514 Million Missile Defense Agency Contract Option - 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