AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Parsons Corp. stock plummets 20% after losing $12B air traffic control contract to Peraton.
ByAinvest
Sunday, Dec 7, 2025 11:17 pm ET1min read
Parsons Corp. (PSN) fell 21.29% week-on-week after losing a $12.5 billion air traffic control system contract to Peraton. The FAA awarded the contract to Peraton due to its capabilities in integrating complex technology platforms and collaborating with federal agencies. Parsons acknowledged the importance of the air traffic control system and expressed readiness to support the FAA on existing contracts. Raymond James downgraded Parsons Corp. to market perform from strong buy.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet