The $218M cumulative GARDEM awards signal sustained revenue visibility from a key U.S. Air Force program. No immediate catalyst date provided — monitor future 10-Q for backlog updates.
Price Chart
Executive Summary
Parsons Corporation announced a $28 million task order from the U.S. Air Force under the GARDEM 2 program for Field Site Support. This brings Parsons' total GARDEM awards in 2026 to $218 million, reinforcing its role as a mission-critical contractor for Air Force software and technology deployment.
Key Financial Metrics
Key Facts
- $28 million task order from U.S. Air Force under GARDEM 2 program
- Five-year task order for onsite training, system enhancements, integration, testing, and lifecycle maintenance
- Fourth GARDEM award in 2026, bringing total awards to $218 million
- Parsons has supported the GARDEM mission since 2019
- Award reinforces Parsons' role in cyber, electronic warfare, space, and advanced software for national security
Financial Impact
$28 million task order; cumulative $218 million in GARDEM 2 awards for 2026
Risk Factors
- Task order value is modest relative to Parsons' $6.5B market cap
- Government contracts subject to budget prioritization and termination risk
- No material change to earnings guidance or consensus estimates
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3305879 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 21d ago | Press Release | $42.10 $42.02 | ▼ −0.19% | ▲ +0.05% | $50.41 (+19.74%) |
Sep 29, 2026 28d ago | Press Release | $41.55 $40.97 | ▼ −1.40% | ▼ −1.19% | $50.41 (+21.32%) |
Jul 29, 2026 12w ago | 8-K | $40.32 $43.17 | ▼ −7.07% | ▼ −5.39% | $50.41 (−25.02%) |
Jul 16, 2026 14w ago | GOVT-CONTRACT | $56.05 $55.48 | ▼ −1.02% | ▼ −0.86% | $50.41 (−10.06%) |
Jul 7, 2026 16w ago | Press Release | $56.48 $56.63 | ▲ +0.27% | ▲ +0.57% | $50.41 (−10.75%) |
Jul 1, 2026 16w ago | Press Release | $53.16 $56.29 | ▲ +5.89% | ▲ +6.02% | $50.41 (−5.17%) |
Jun 16, 2026 19w ago | Press Release | $55.66 $54.82 | ▼ −1.51% | ▼ −0.26% | $50.41 (−9.43%) |
Jun 15, 2026 19w ago | Press Release | $55.49 $55.66 | ▲ +0.31% | ▲ +0.90% | $50.41 (−9.15%) |
Jun 9, 2026 20w ago | Press Release | $58.51 $56.47 | ▼ −3.49% | ▼ −1.91% | $50.41 (−13.84%) |
Jun 8, 2026 20w ago | Press Release | $57.83 $58.51 | ▲ +1.18% | ▲ +1.47% | $50.41 (−12.83%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers