Company Profile
Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cybersecurity; missile defense technical solutions; C5ISR; space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; nuclear and chemical waste remediation; border security and critical infrastructure protection; counter unmanned air systems; and biometrics and biosurveillance solutions to U.S. Department of Defense, including military services; Missile Defense Agency, the Department of Energy; the Department of State; the Department of Homeland Security, and the Federal Aviation Administration. Further, it provides integrated traffic solutions for arterials, smart intersections, airport landside, ports, and tolling integrators; systems optimization, communications-based train control, rail system design and system assurance services; engineering, program management, and environmental solutions to private sector industrial clients and public utilities; digital transformation, advisory services, AI/ML, and digital twin and cyber services; planning, engineering, and management services for infrastructure, including bridges and tunnels, roads and highways, water and wastewater, and dams and reservoirs. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.
PARSENS is a gov contract sort of defense co that slides under the radar--
I have spotted a series of recent contact wins. This is just March 23---March 29
--Parsons nabs position on $160M U.S. Army Corps of Engineers contract
--Parsons nabs $94M contract from U.S. Cyber Command
--Parsons bags $16M U.S. Army intelligence contract
--Parsons nabs DOE contract award for accelerating clean energy technology
The chart is in a nice uptrend with more to go. A break North above $47 will yield $50 + in short order.
Monday: Parsons upgraded to Outperform at William Blair on upside 19:37 PSN William Blair analyst Louie DiPalma upgraded Parsons to Outperform from Market Perform. The firm said the company is a derivative of ramping infrastructure and security spend, driven by stimulus and geopolitical tension, respectively. William Blair sees upside of greater than 20% over the next year.
Parsons doesn't get a lot of analyst chatter you have to go back a long time to get any updates. They are mostly negative but with a PT of $50....
So the set up here is the stk at $44.75 with a $50 PT on a bunch of bad/ stagnation/ too pricey sort of way a few qtrs ago// we know of all of these contracts they have signed in the lastr two weeks and on Mon we got the first chatter in a long time on this name by Blair.
Others I would think will follow. ~si
Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through two segments, Federal Solutions and Critical Infrastructure. The company offers cybersecurity; missile defense technical solutions; C5ISR; space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; nuclear and chemical waste remediation; border security and critical infrastructure protection; counter unmanned air systems; and biometrics and biosurveillance solutions to U.S. Department of Defense, including military services; Missile Defense Agency, the Department of Energy; the Department of State; the Department of Homeland Security, and the Federal Aviation Administration. Further, it provides integrated traffic solutions for arterials, smart intersections, airport landside, ports, and tolling integrators; systems optimization, communications-based train control, rail system design and system assurance services; engineering, program management, and environmental solutions to private sector industrial clients and public utilities; digital transformation, advisory services, AI/ML, and digital twin and cyber services; planning, engineering, and management services for infrastructure, including bridges and tunnels, roads and highways, water and wastewater, and dams and reservoirs. Parsons Corporation was founded in 1944 and is headquartered in Centreville, Virginia.
PARSENS is a gov contract sort of defense co that slides under the radar--
I have spotted a series of recent contact wins. This is just March 23---March 29
--Parsons nabs position on $160M U.S. Army Corps of Engineers contract
--Parsons nabs $94M contract from U.S. Cyber Command
--Parsons bags $16M U.S. Army intelligence contract
--Parsons nabs DOE contract award for accelerating clean energy technology
The chart is in a nice uptrend with more to go. A break North above $47 will yield $50 + in short order.
Monday: Parsons upgraded to Outperform at William Blair on upside 19:37 PSN William Blair analyst Louie DiPalma upgraded Parsons to Outperform from Market Perform. The firm said the company is a derivative of ramping infrastructure and security spend, driven by stimulus and geopolitical tension, respectively. William Blair sees upside of greater than 20% over the next year.
Parsons doesn't get a lot of analyst chatter you have to go back a long time to get any updates. They are mostly negative but with a PT of $50....
So the set up here is the stk at $44.75 with a $50 PT on a bunch of bad/ stagnation/ too pricey sort of way a few qtrs ago// we know of all of these contracts they have signed in the lastr two weeks and on Mon we got the first chatter in a long time on this name by Blair.
Others I would think will follow. ~si
