Key Takeaways:
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Parsons secured the first task order issued under DTRA’s CTRIC IV contract, reinforcing the company’s position as a trusted partner in delivering integrated threat reduction solutions worldwide.
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The program supports U.S. Pacific Command (USPACOM) priorities by strengthening regional chemical threat monitoring and response capabilities.
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Parsons will deliver training, exercises, and workshops to enhance partner nation capabilities across Southeast Asia, including Malaysia, Indonesia, and the Philippines.
CHANTILLY, Va., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today it has secured the first task order under the Defense Threat Reduction Agency’s (DTRA) Cooperative Threat Reduction Integration Contract (CTRIC) IV, marking an early milestone on the contract vehicle and reinforcing the company’s leadership in countering weapons of mass destruction.
Under the task order, Parsons will support DTRA’s Global Threat Reduction directorate by designing and delivering chemical security training across Southeast Asia. The effort will strengthen partner nation capabilities in countries such as Malaysia, Indonesia, and the Philippines through training courses, exercises, and workshops that enhance preparedness, detection, and response to chemical threats.
“This award reflects our long-standing partnership with DTRA and commitment to advancing global threat reduction programs,” said Martin Boson, president of Engineered Systems for Parsons. “By delivering scalable solutions, training, and mission support, we are helping allied nations strengthen detection, response, and mitigation capabilities while supporting broader security objectives in Southeast Asia.”
The program supports USPACOM priorities by enhancing partner-nation capacity to monitor and secure chemical materials of concern, helping reduce risk and improve collective security outcomes.
The award represents a significant milestone for Parsons as the first task order issued under the CTRIC IV contract, reinforcing the company’s position as a trusted partner in delivering integrated threat reduction solutions worldwide.
Parsons brings decades of experience supporting DTRA, and this award further positions the company to continue supporting the Global Threat Reduction Directorate in addressing evolving weapons of mass destruction threats worldwide.
To learn more about Parsons’ global security and mission solutions, visit
parsons.com/security-and-mission-solutions/
.
About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit
Parsons.com
and follow us on
LinkedIn
to learn how we’re making an impact.
Media Contact:
Bernadette Miller
+1 980.253.9781
bernadette.miller@parsons.com
Investor Relations Contact:
Dave Spille
+1 703.775.6191
Dave.Spille@parsons.us
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Parsons Secures First DTRA CTRIC IV Task Order for Chemical Security Training in Southeast Asia
Parsons secured a DTRA task order to enhance chemical threat response training in Southeast Asia, strengthening regional security capabilities.
Quiver AI Summary
Parsons Corporation announced it has secured the first task order under the Defense Threat Reduction Agency's Cooperative Threat Reduction Integration Contract (CTRIC) IV, marking a significant milestone in its role as a trusted partner in global threat reduction. This initiative aims to bolster chemical threat monitoring and response capabilities in Southeast Asia, specifically targeting countries like Malaysia, Indonesia, and the Philippines. Parsons will provide training, exercises, and workshops to enhance the preparedness and response capabilities of regional partners, aligning with U.S. Pacific Command's priorities. The contract reaffirms Parsons' commitment to supporting the Global Threat Reduction Directorate in addressing weapons of mass destruction threats and demonstrates the company's extensive experience in delivering integrated security solutions worldwide.
Potential Positives
Potential Negatives
FAQ
What is the significance of Parsons securing the first task order under DTRA's CTRIC IV contract?
This milestone reinforces Parsons' leadership in delivering integrated threat reduction solutions globally.
How will Parsons enhance chemical threat response in Southeast Asia?
Parsons will deliver training, exercises, and workshops to strengthen capabilities in Malaysia, Indonesia, and the Philippines.
What role does this program play for U.S. Pacific Command (USPACOM)?
The program supports USPACOM priorities by enhancing regional monitoring and response capabilities for chemical threats.
How does Parsons' experience support DTRA's mission?
Parsons brings decades of experience to help DTRA address evolving threats related to weapons of mass destruction.
Where can I learn more about Parsons' security solutions?
Visit parsons.com/security-and-mission-solutions/ for more information on their global security and mission solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PSN Insider Trading Activity
$PSN insiders have traded $PSN stock on the open market 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PSN stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PSN Revenue
$PSN had revenues of $1.6B in Q2 2026. This is a decrease of -0.53% from the same period in the prior year.
You can track PSN financials on Quiver Quantitative's PSN stock page.
You can access data on PSN stock through the Quiver Quantitative API.
$PSN Hedge Fund Activity
We have seen 165 institutional investors add shares of $PSN stock to their portfolio, and 201 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$PSN Price Targets
Multiple analysts have issued price targets for $PSN recently. We have seen 4 analysts offer price targets for $PSN in the last 6 months, with a median target of $68.0.
Here are some recent targets:
Full Release
Key Takeaways:
CHANTILLY, Va., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today it has secured the first task order under the Defense Threat Reduction Agency’s (DTRA) Cooperative Threat Reduction Integration Contract (CTRIC) IV, marking an early milestone on the contract vehicle and reinforcing the company’s leadership in countering weapons of mass destruction.
Under the task order, Parsons will support DTRA’s Global Threat Reduction directorate by designing and delivering chemical security training across Southeast Asia. The effort will strengthen partner nation capabilities in countries such as Malaysia, Indonesia, and the Philippines through training courses, exercises, and workshops that enhance preparedness, detection, and response to chemical threats.
“This award reflects our long-standing partnership with DTRA and commitment to advancing global threat reduction programs,” said Martin Boson, president of Engineered Systems for Parsons. “By delivering scalable solutions, training, and mission support, we are helping allied nations strengthen detection, response, and mitigation capabilities while supporting broader security objectives in Southeast Asia.”
The program supports USPACOM priorities by enhancing partner-nation capacity to monitor and secure chemical materials of concern, helping reduce risk and improve collective security outcomes.
The award represents a significant milestone for Parsons as the first task order issued under the CTRIC IV contract, reinforcing the company’s position as a trusted partner in delivering integrated threat reduction solutions worldwide.
Parsons brings decades of experience supporting DTRA, and this award further positions the company to continue supporting the Global Threat Reduction Directorate in addressing evolving weapons of mass destruction threats worldwide.
To learn more about Parsons’ global security and mission solutions, visit parsons.com/security-and-mission-solutions/ .
About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.
Media Contact:
Bernadette Miller
+1 980.253.9781
bernadette.miller@parsons.com
Investor Relations Contact:
Dave Spille
+1 703.775.6191
Dave.Spille@parsons.us
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