GlobeNewsWire
18 Aug 2026, 10:30 UTC · 1h ago
Parsons Awarded Contract to Help Modernize Knoxville's McGhee Tyson Airport Terminal
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GlobeNewsWire
18 Aug 2026, 10:30 UTC · 1h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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Parsons Corporation (NYSE: PSN) was awarded a five-year contract to provide program and construction management for the McGhee Tyson Airport Terminal Area Development Plan. — The award represents new work and a new customer, contributing to revenue growth and diversifying the company's aviation infrastructure portfolio.
+0.30Parsons received a $70 million task order under the U.S. Air Force's Air Base Air Defense (ABAD) contract. — This is a significant, quantified contract win in the national security sector, providing a clear boost to the company's backlog.
+0.25Parsons was awarded its first task order under the DTRA CTRIC IV contract to support chemical threat reduction in Southeast Asia. — Initiating work under a new contract vehicle indicates successful capture and execution in the defense/environmental sector.
+0.15Which stocks this story touches
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The company was awarded a five-year contract for terminal modernization at McGhee Tyson Airport and additional task orders from the U.S. Air Force and DTRA.
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Reuters
1h ago
