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Parsons wins $184 million U.S. Navy contract for tactical intelligence workstations
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Parsons wins $184 million U.S. Navy contract for tactical intelligence workstations

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  • Parsons (NYSE:PSN) secured a single-award, indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling value of $184 million from the U.S. Navy.
  • The company will deliver portable, ruggedized tactical workstations designed to directly enhance battlespace awareness and operational readiness.
  • The contract positions Parsons to deepen its role in providing edge-computing and rapid technology solutions for military operators in tactical environments.

Parsons (NYSE:PSN) has secured a sole-source, indefinite-delivery/indefinite-quantity (IDIQ) contract from the U.S. Navy worth up to $184 million to support the Intelligence Carry-On Program (ICOP).

The specialized defense contract focuses on the rapid engineering, procurement, and deployment of portable, ruggedized workstation systems.

These systems are designed to provide tactical operators at the edge of the battlespace with high-performance intelligence and computing capabilities.

The primary operational goal of the program is to accelerate decision-making cycles, increase agility, and significantly improve situational awareness for naval personnel operating in contested or austere environments.

Following the announcement, Parsons shares traded at $84.20.

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