This Defense Stock Won Two Contracts This Week – Everything To Know About The Latest $28M Task Order

• The company said its $28 million award will be for a period of five years, providing comprehensive field site support under the GARDEM 2 program.
• Parson’s recent $99 million award supports the U.S. Air Force, the Department of War, the Intelligence Community, and other federal agency end users.
• In May, the company bagged a multiple-award task order contract from the United States Air Force (USAF) and its 75th Civil Engineer Group at Hill Air Force Base.

Shares of Parsons Corp. (PSN) were in the spotlight on Wednesday after the defense technology provider announced its second Air Force contract this week — a $28 million task order supporting the Air Force Research Laboratory's GARDEM 2 mission.

PSN’s $28M Task Order

Parsons stated that the five-year order covers functional onsite training, demonstrations, system enhancements, modifications, integration, testing, deployments, and lifecycle maintenance for GARDEM 2 software baselines, enabling rapid maturation and operational deployment of advanced technologies.

The company added that this task order is one of the four Parsons secured in 2026 in support of the AFRL’s GARDEM program, taking total awards to $218 million. 

“This award highlights the Air Force’s continued confidence in Parsons’ ability to take emerging technologies from concept to operational reality,” said Mike Kushin, President of Defense and Intelligence at Parsons.

PSN’s $99M Award

On Monday, Parsons unveiled a $99 million single-award task order under the ALLIANT 2 schedule to provide scientific research and demonstration of technologies for GARDEM 2 Command and Control, Space and Intelligence, Surveillance & Reconnaissance (C2-SpISR) software baselines.

The company stated that the award includes a five-year-plus-two-month performance period and expands its leadership in providing advanced software solutions across the all-domain battlespace.

The task order covers continued development of Parsons' C2Core Air, C2Core NetOps, National Tactical Data Manager, and Integrated Solutions to Situational Awareness capabilities, and the deployment of its solutions across all Air Operations Centers (AOCs) for the next five years, the company noted. 

The award supports the U.S. Air Force, the Department of War, the Intelligence Community, and other federal agency end users, the firm added.

In May, the company bagged a multiple-award task order contract from the United States Air Force (USAF) and its 75th Civil Engineer Group at Hill Air Force Base.

What Retail Thinks Of PSN

On Stocktwits, retail sentiment surrounding the stock has remained ‘bearish’ amid ‘high’ message volume in the past 24 hours. 

PSN stock has declined by more than 5% year-to-date.

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