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Parsons Secures $14B Foreign Weapons ContractBusiness — Aug 24, 2026Parsons Corporation secured multiple high-value defense contracts, including a COMET IDIQ position supporting the Missile and Space Intelligence Center, a TEAMS Next Missile Defense System Engineering contract option valued at $514 million with the Missile Defense Agency, and a two-year extension of TEAMS work to bolster the nation’s missile defenses. The company also won a spot on the Space Force’s National Space Test and Training Complex NITE-STAR program, a $981 million multi-award vehicle to accelerate space test and training capabilities, underscoring Parsons’ role across missiles, space, and national security missions.

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