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Parsons Corporation shares rise 1.02% premarket after winning a $30 million radar contract from the U.S. Army.
ByAinvest
Monday, Aug 11, 2025 8:42 am ET1min read
Parsons Corporation rose 1.02% in premarket trading, following the announcement that it has been awarded a $30 million recompete contract by the U.S. Army DEVCOM’s C5ISR Center. The contract, which Parsons has held for three years, includes a 12-month base performance period and four 12-month option periods to deliver critical radar development engineering efforts necessary for C5ISR Radar to meet its mission needs.
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