May. 5 at 6:51 PM
$PSN Think if you're the CEO of Parsons, you have to look into a lot more M&A in Cyber, Drones, AI, and Space. There are lots of small firms that have interesting technologies that have great potential with the right management, execution and scaling, whether that's a firm like
$BBAI in AI (contracts with multiple armed forces that has struggled to grow to the next level),
$MNTS in Space (potential to be a future leader with lunar cargo movement),
$SPAI in Drones (strong patent on imaging that needs global expansion vertically and horizontally),
$LUNR in Space (a leader in the Lunar economy with NASA contracts but has failed to land its lunar module twice). Other areas to do M&A would include nuclear given Parson's strong project development work. Parsons has to read the writing on the wall. DOGE and Defense Cutbacks in Consulting (an area of expertise) will continue to be a real issue for them. So, time to think out-of-the-box.
