Parsons Awarded $40M Non-Kinetic Effects Contract By The U.S. Army To Advance Next-Generation Electromagnetic Warfare Capabilities
This award includes one base year and four-and-a-half option period years and is new work for the company. As part of the NOKE contract, Parsons will deliver advanced EW solutions designed to counter and disrupt
Parsons got a big $40 million contract from the U.S. Army to build new technology that fights with invisible electromagnetic waves instead of weapons. When a company wins a large government contract, it shows people believe in what they're building, which can make folks more confident in the company's future.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.