Parsons Awarded Position On $14B Billion COMET Missile and Space Intelligence Effort

Award positions Parsons to compete for task orders supporting scientific and technical intelligence, foundational military intelligence, and analytical-enabling services across the Defense Intelligence Enterprise.

CHANTILLY, Va. (August 25, 2026) – Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on the Contract Operations for Missile Evaluation and Testing (COMET) contract supporting the Missile & Space Intelligence Center (MSIC) and its mission partners. Valued at an estimated $14 billion, the multiple-award, indefinite delivery, indefinite quantity (IDIQ) contract will support scientific and technical intelligence, foundational military intelligence, and analytical-enabling services across the Defense Intelligence Enterprise.

“Parsons has a long history of delivering advanced intelligence, mission engineering, and analytical capabilities that help our customers address rapidly evolving threats,” said Mike Kushin, president of Defense and Intelligence for Parsons. “This award reflects our customers’ confidence in our ability to provide innovative solutions that strengthen decision advantage, accelerate mission outcomes, and support critical national security priorities. Through our One Parsons approach, we bring together expertise across intelligence, cyber, missile defense, space, and systems engineering to deliver capabilities at the speed of relevance.”

The COMET contract supports MSIC’s mission to provide scientific and technical intelligence and foundational military intelligence analysis of foreign weapon systems. These assessments help warfighters, policymakers, weapons developers, homeland security organizations, and Intelligence Community partners better understand foreign capabilities, performance, operations, limitations, and vulnerabilities.

Through COMET, Parsons will compete for task orders supporting the research, development, integration, and sustainment of hardware, systems, and software capabilities, as well as analytical services that enable all-source intelligence analysis and production across the Defense Intelligence Enterprise. The contract’s five mission task areas span multiple domains and disciplines and are designed to support the evolving needs of the Department of Defense, and national intelligence efforts.

Parsons has supported the United States’ critical missile, space, and intelligence missions for more than 35 years, providing deep expertise in scientific and technical intelligence, mission systems analysis, advanced modeling and simulation, systems engineering, and threat assessment capabilities. The company’s long-standing presence in Huntsville reflects decades of partnership supporting offensive missile and space intelligence programs, including continuous support to major mission analysis efforts at Redstone Arsenal. Parsons further strengthened its intelligence mission portfolio through its acquisition of Altamira Technologies, adding more than 20 years of experience delivering intelligence solutions, advanced analytics, software and systems development, and technical intelligence support across collection, analysis, processing, dissemination, and archiving activities.

Together, these complementary capabilities provide Parsons with a broad intelligence and mission engineering footprint spanning Huntsville and Dayton, enabling the company to deliver mission-focused solutions that support national security, air and space intelligence, missile defense, and emerging threat analysis requirements. The company’s continued investment in its Huntsville operations, including the opening of its Redstone Gateway facility adjacent to Redstone Arsenal, underscores Parsons’ enduring commitment to supporting complex defense and intelligence missions through innovation, collaboration, and customer proximity.

To learn more about Parsons’ national security solutions, visit https://www.parsons.com/national-security/

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.

Forward-Looking Statements:

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