Parsons’ Xator Selected for $750M Contract

CENTREVILLE, Va., March 28, 2023 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that Xator, LLC, a Parsons company, was recently awarded a $750 million ceiling value single award contract by a sensitive client, including a one-year base period of $250 million and two one-year option periods valued at $250 million each and is new work for the company.

About Parsons:
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we’re making an impact.