Skip to main content

Parsons Awarded $125M Contract to Support the U.S. Army Combat Capabilities Development Command Army Research Laboratory

Written by Customer Service on . Posted in Public Companies.

CHANTILLY, Va., Feb. 10, 2026 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) has been awarded a $125 million single-award Task Order contract over five years to support the U.S. Army Combat Capabilities Development Command (DEVCOM) Army Research Laboratory (ARL), High Performance Computing Modernization Program (HPCMP), and Defense Research and Engineering Network (DREN). This recompeted award highlights Parsons’ commitment to advancing research and development in the military sector and continues a partnership with the DEVCOM Army Research Laboratory that has spanned over 20 years.

“Parsons is an agile, rapid developer of transformative solutions that strengthen the nation’s security and deliver mission-ready capabilities at the speed of relevance,” said Dr. David Tyler, vice president, C5ISR Solutions for Parsons. “This award underscores Parsons’ long-standing dedication to innovation and excellence in support of the U.S. Army. We are excited to leverage our experience and expertise to further empower the ARL and contribute to impactful operations, AI/ML research, and cybersecurity capabilities.”

Under the initiative, titled Computationally Augmented and Resilient: Situation Awareness, Intelligence, Planning, Mobility, and Defense, Parsons will provide critical research, development, and technical services to support the Army Research Directorate’s mission. This collaboration aims to enhance scientific research and technology in key areas, including information processing, network and communication sciences, information assurance, computational sciences, and advanced computing.

Parsons will deliver a wide array of services, including research, development, test and evaluation, infrastructure operations, and comprehensive project management. As part of this contract, Parsons will also support the HPCMP and DREN operations, along with management services to ensure robust network security, effective systems administration, and reliable database management.

To learn more about Parsons’ national security capabilities, please visit: parsons.com/national-security/.

About DEVCOM Army Research Laboratory:

DEVCOM Army Research Laboratory is the Army’s sole fundamental research laboratory serving as the nexus between the military, academia and industry. ARL executes globally recognized research to accelerate delivery of war-winning, disruptive technologies for tomorrow’s Army.  For information visit https://arl.devcom.army.mil/.

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:
Angie Benfield        
+1 803.334.5277
Angie.Benfield@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
Dave.Spille@Parsons.us

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.