Jul. 14 at 2:15 PM
$PSN CHANTILLY, Va. - Space Ground System Solutions, a wholly owned subsidiary of Parsons Corporation (NYSE:PSN), received a five-year,
$245 million contract from the U.S. Naval Research Laboratory for satellite ground systems software and operations support, according to a press release statement issued today. The contract adds to the revenue stream of the
$5.9 billion market cap defense contractor, which generated
$6.3 billion in revenue over the last twelve months.