Parsons Secures Prime Position On EWAAC Contract

  • Parsons Corp PSN has won a prime position on the U.S. Air Force's multiple-award IDIQ Eglin Wide Agile Acquisition Contract (EWAAC).
  • The new contract has a 10-year ordering period with a ceiling value of $46 billion and will provide digital and model-based systems engineering, agile processes, open systems architectures, weapons integration, and data analytics for Eglin AFB, Florida and its mission partners.
  • The contract includes activities to develop technologies of novel weapons capabilities, applying unique solutions, and characterizing new technologies and system concepts.
  • Price Action: PSN shares are trading lower by 0.75% at $35.76 on the last check Tuesday.
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