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Parsons secures $392M federal biometrics contract for national security
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Parsons secures $392M federal biometrics contract for national security

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Parsons Corporation (NYSE:PSN) announced on Monday that it has been awarded a ten-year, $392 million single-award contract by an undisclosed federal customer.

The win represents "new work" for the Chantilly-based defense technology provider, further solidifying its position in the rapidly expanding market for mobile identity management and biometric security.