PRESS-RELEASE ·Filed May 12, 2026
Press release · Contract
Actionable Insight • Neutral
The contract is modest relative to Parsons' $5.2B market cap and backlog. Monitor future task order awards under this MATOC for revenue visibility.
Final — all horizons settled through T+60d ⚠ clustered
PSN ▼ -9.09% at T+60d
NEUTRAL call -9.09% · α vs SPY -13.47% · entry $52.70 → $47.91
T+1d
-4.48%
call -4.48% · α -5.05%
$50.34
settled 6mo ago
T+5d
-2.31%
call -2.31% · α -2.39%
$51.48
settled 5mo ago
T+20d
+7.15%
call +7.15% · α +8.88%
$56.47
settled 5mo ago
T+60d
-9.09%
call -9.09% · α -13.47%
$47.91
settled 3mo ago
Price Chart
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Executive Summary
Parsons Corporation won a $136 million ceiling-value MATOC contract from the U.S. Air Force for architect-engineer services at Hill AFB. The 8.5-year contract represents new work for the company and supports mission-critical infrastructure modernization.
Key Financial Metrics
Deal Value
$136.0M
Key Facts
- Contract ceiling value: $136 million
- Performance period: 8.5 years
- New work for Parsons (not a renewal)
- Multiple award task order contract (MATOC) — revenue depends on task order wins
- Scope includes design, alteration, repair of airfields, buildings, utilities, and cybersecurity services
Financial Impact
$136 million ceiling value over 8.5 years; actual revenue uncertain as task orders are competed
revenuebacklog
Risk Factors
- Task order competition — no guaranteed minimum revenue
- Government budget uncertainty could delay or reduce task orders
- Historical stock underperformance suggests market may not reward this contract
Market Snapshot
Exchange
NYSE
Sector
Services-Computer Integrated Systems Design
Analyst Consensus
67% bullish (18 analysts)
Investment Themes
Software & IT
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3292620 |
29 reports for PSN
45% Hit rate @ T+1 Went positive at some point 8 of 11 best @ T+20▲ +19.40%
Filters
Rows
| 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%) |
Showing 10 of 29
US Market Status
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