Bastion Asset Management Acquires $8M Stake in Parsons
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 27 2026
0mins
Should l Buy PSN?
Source: Yahoo Finance
- New Position Disclosure: On February 6, 2026, Bastion Asset Management disclosed a new position in Parsons (NYSE:PSN), acquiring 128,186 shares valued at approximately $8.04 million, indicating a strategic interest in defense and infrastructure sectors.
- Holding Proportion Analysis: Following this transaction, Parsons represents 4.44% of Bastion's portfolio, which totaled $181.13 million in reportable U.S. equity assets as of December 31, 2025, reflecting Bastion's preference for stable income investments.
- Market Performance Overview: As of February 5, 2026, Parsons shares were priced at $67.52, down 13% year-over-year, underperforming the S&P 500 by 25.12 percentage points, indicating market caution regarding its future growth prospects.
- Business Diversification: Parsons generates revenue from various sectors, particularly through contracts with the Pentagon, demonstrating its ability to maintain stable cash flow amidst economic fluctuations, making it suitable for investors seeking steady returns.
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Analyst Views on PSN
Wall Street analysts forecast PSN stock price to rise
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 52.700
Low
70.00
Averages
84.00
High
107.00
Current: 52.700
Low
70.00
Averages
84.00
High
107.00
About PSN
Parsons Corporation is a 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. Its Federal Solutions segment provides advanced technical solutions to the United States government. This segment provides advanced technologies, supporting national security missions in cyber operations, missile defense, and military facility modernization, logistics support, hazardous material remediation and engineering services. Its Critical Infrastructure segment offers integrated engineering and management services for complex physical and digital infrastructure around the globe. This segment is a technology innovator focused on next-generation digital systems and complex structures. It also develops advanced, warfighter-focused solutions for military and security applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Parsons Corporation Secures USAF Contract for Architect-Engineer Services
- Contract Value and Duration: Parsons Corporation has been awarded a multiple award task order contract by the USAF, valued at $136 million with an 8.5-year performance period, marking a significant expansion into defense infrastructure services.
- Comprehensive Service Scope: The contract encompasses architect-engineer services for Hill Air Force Base, including design, alteration, and repair of airfields, buildings, and utilities, demonstrating the company's capability to meet complex infrastructure needs.
- Strengthened Client Trust: The award reflects the USAF's ongoing trust in Parsons' ability to support mission-critical infrastructure projects, further solidifying the company's position in the market.
- Multi-Domain Support Capabilities: Beyond infrastructure solutions, Parsons provides all-domain support in areas such as cyber, electronic warfare, and advanced technology systems, enhancing its competitiveness in the defense sector.
See More
Parsons Secures $136 Million USAF Contract
- Contract Value and Duration: Parsons has secured a $136 million contract from the USAF, with an eight-and-a-half-year performance period, indicating the company's ongoing growth potential in the defense sector.
- Scope of Work: The contract covers airfields, buildings, utilities, roads, and cybersecurity design services at Hill Air Force Base, showcasing the company's expertise in infrastructure development and cybersecurity.
- Market Reaction: Following the contract announcement, Parsons' shares rose over 1.5% in premarket trading, reflecting positive market sentiment despite a more than 21% decline in stock price this year.
- Strategic Implications: This contract marks Parsons' second award from the Pentagon this month, highlighting its competitiveness in the defense contracting market, as it aims to secure more task orders to meet infrastructure needs.
See More
Parsons Secures Up to $136M Contract with U.S. Air Force
- Significant Contract Value: Parsons has been selected by the U.S. Air Force and the 75th Civil Engineer Group at Hill Air Force Base for a multiple award task order contract valued at up to $136 million, indicating strong demand and market position in the defense sector.
- Long Contract Duration: The contract has an 8.5-year performance period, providing Parsons ample time and opportunities to expand its business in architect-engineer services, thereby enhancing long-term revenue stability.
- New Business Opportunities: Under the agreement, Parsons will compete for task orders covering architect-engineer services across the installation, which not only provides a new revenue stream but also potentially boosts its competitiveness in the government contracting market.
- Optimistic Financial Outlook: Parsons reiterates its 2026 outlook with a projected 6.6% organic growth rate in Federal Solutions and mentions $11 billion in unbooked awards, reflecting the company's growth potential and market confidence moving forward.
See More
Parsons Corporation Secures $34 Million Contract Extension
- Contract Extension: Parsons Corporation announced that the Defense Threat Reduction Agency (DTRA) has exercised Option Year 3 on its $170 million Assessments, Exercises, Modeling and Simulation Support (AEMSS) IDIQ contract, valued at $34 million for a one-year performance period, reflecting DTRA's ongoing confidence in Parsons.
- Support for Nuclear Mission: Under the exercised option, Parsons will continue to support DTRA's Nuclear Enterprise Mission Assurance (NE-MA) Department through vulnerability assessments and strategic mission analyses, enhancing resilience and operational readiness across vital nuclear enterprise programs.
- Strengthening National Security: By delivering integrated capabilities and disciplined execution, Parsons' work will promote national and global security initiatives, ensuring a safe, secure, reliable, and effective strategic deterrent across critical programs.
- Industry Leadership: With over two decades of support for DTRA's Cooperative Threat Reduction and Nuclear Enterprise Directorates, Parsons demonstrates deep domain expertise and cross-disciplinary capabilities, further solidifying its leadership position in the global infrastructure market.
See More
Parsons Corp Secures $2 Billion Energy Resilience Contract
- Significant Contract Value: Parsons Corp has been awarded a $2 billion multiple-award task order contract aimed at delivering energy resilience and infrastructure modernization services at military installations across the U.S., a rapidly growing priority area for the Pentagon.
- Flexible Contract Duration: The contract features a three-year base performance period along with seven one-year option periods, allowing the company to maintain involvement in related projects over the coming years and enhancing its competitive position in the market.
- Clear Strategic Objectives: Through investments in energy resilience and conservation, Parsons aims to reduce energy and water usage, lower lifecycle costs, and ensure continued operations during commercial grid disruptions, further supporting the Department of War's modernization goals.
- Positive Market Reaction: Following the contract announcement, Parsons' shares rose over 2% in premarket trading, reflecting investor confidence in the company's future growth potential, despite a year-to-date decline of over 19% in stock price.
See More
Parsons Corporation Secures $2 Billion MATOC Contract
- Significant Contract Value: Parsons Corporation has been awarded a $2 billion multiple award task order contract (MATOC) by the U.S. Army Corps of Engineers to deliver energy resilience and infrastructure modernization projects, marking a significant expansion in the defense sector.
- Long Project Duration: The contract features a three-year base performance period with seven one-year option periods, ensuring the company secures new business over the next decade, thereby enhancing its competitive position in the market.
- Clear Technological Advantage: By integrating deep energy expertise with secure microgrid technologies, Parsons aims to improve energy resilience and reliability at military installations, supporting the Department of War's long-term modernization objectives.
- Far-reaching Strategic Implications: This contract not only expands Parsons' energy resilience portfolio but also complements its demand response technology project with the Los Angeles Department of Water & Power, further solidifying its leadership in the energy infrastructure sector.
See More
Parsons Corporation Secures USAF Contract for Architect-Engineer Services
- Contract Value and Duration: Parsons Corporation has been awarded a multiple award task order contract by the USAF, valued at $136 million with an 8.5-year performance period, marking a significant expansion into defense infrastructure services.
- Comprehensive Service Scope: The contract encompasses architect-engineer services for Hill Air Force Base, including design, alteration, and repair of airfields, buildings, and utilities, demonstrating the company's capability to meet complex infrastructure needs.
- Strengthened Client Trust: The award reflects the USAF's ongoing trust in Parsons' ability to support mission-critical infrastructure projects, further solidifying the company's position in the market.
- Multi-Domain Support Capabilities: Beyond infrastructure solutions, Parsons provides all-domain support in areas such as cyber, electronic warfare, and advanced technology systems, enhancing its competitiveness in the defense sector.
See More
Parsons Secures $136 Million USAF Contract
- Contract Value and Duration: Parsons has secured a $136 million contract from the USAF, with an eight-and-a-half-year performance period, indicating the company's ongoing growth potential in the defense sector.
- Scope of Work: The contract covers airfields, buildings, utilities, roads, and cybersecurity design services at Hill Air Force Base, showcasing the company's expertise in infrastructure development and cybersecurity.
- Market Reaction: Following the contract announcement, Parsons' shares rose over 1.5% in premarket trading, reflecting positive market sentiment despite a more than 21% decline in stock price this year.
- Strategic Implications: This contract marks Parsons' second award from the Pentagon this month, highlighting its competitiveness in the defense contracting market, as it aims to secure more task orders to meet infrastructure needs.
See More
Parsons Secures Up to $136M Contract with U.S. Air Force
- Significant Contract Value: Parsons has been selected by the U.S. Air Force and the 75th Civil Engineer Group at Hill Air Force Base for a multiple award task order contract valued at up to $136 million, indicating strong demand and market position in the defense sector.
- Long Contract Duration: The contract has an 8.5-year performance period, providing Parsons ample time and opportunities to expand its business in architect-engineer services, thereby enhancing long-term revenue stability.
- New Business Opportunities: Under the agreement, Parsons will compete for task orders covering architect-engineer services across the installation, which not only provides a new revenue stream but also potentially boosts its competitiveness in the government contracting market.
- Optimistic Financial Outlook: Parsons reiterates its 2026 outlook with a projected 6.6% organic growth rate in Federal Solutions and mentions $11 billion in unbooked awards, reflecting the company's growth potential and market confidence moving forward.
See More
Parsons Corporation Secures $34 Million Contract Extension
- Contract Extension: Parsons Corporation announced that the Defense Threat Reduction Agency (DTRA) has exercised Option Year 3 on its $170 million Assessments, Exercises, Modeling and Simulation Support (AEMSS) IDIQ contract, valued at $34 million for a one-year performance period, reflecting DTRA's ongoing confidence in Parsons.
- Support for Nuclear Mission: Under the exercised option, Parsons will continue to support DTRA's Nuclear Enterprise Mission Assurance (NE-MA) Department through vulnerability assessments and strategic mission analyses, enhancing resilience and operational readiness across vital nuclear enterprise programs.
- Strengthening National Security: By delivering integrated capabilities and disciplined execution, Parsons' work will promote national and global security initiatives, ensuring a safe, secure, reliable, and effective strategic deterrent across critical programs.
- Industry Leadership: With over two decades of support for DTRA's Cooperative Threat Reduction and Nuclear Enterprise Directorates, Parsons demonstrates deep domain expertise and cross-disciplinary capabilities, further solidifying its leadership position in the global infrastructure market.
See More
Parsons Corp Secures $2 Billion Energy Resilience Contract
- Significant Contract Value: Parsons Corp has been awarded a $2 billion multiple-award task order contract aimed at delivering energy resilience and infrastructure modernization services at military installations across the U.S., a rapidly growing priority area for the Pentagon.
- Flexible Contract Duration: The contract features a three-year base performance period along with seven one-year option periods, allowing the company to maintain involvement in related projects over the coming years and enhancing its competitive position in the market.
- Clear Strategic Objectives: Through investments in energy resilience and conservation, Parsons aims to reduce energy and water usage, lower lifecycle costs, and ensure continued operations during commercial grid disruptions, further supporting the Department of War's modernization goals.
- Positive Market Reaction: Following the contract announcement, Parsons' shares rose over 2% in premarket trading, reflecting investor confidence in the company's future growth potential, despite a year-to-date decline of over 19% in stock price.
See More
Parsons Corporation Secures $2 Billion MATOC Contract
- Significant Contract Value: Parsons Corporation has been awarded a $2 billion multiple award task order contract (MATOC) by the U.S. Army Corps of Engineers to deliver energy resilience and infrastructure modernization projects, marking a significant expansion in the defense sector.
- Long Project Duration: The contract features a three-year base performance period with seven one-year option periods, ensuring the company secures new business over the next decade, thereby enhancing its competitive position in the market.
- Clear Technological Advantage: By integrating deep energy expertise with secure microgrid technologies, Parsons aims to improve energy resilience and reliability at military installations, supporting the Department of War's long-term modernization objectives.
- Far-reaching Strategic Implications: This contract not only expands Parsons' energy resilience portfolio but also complements its demand response technology project with the Los Angeles Department of Water & Power, further solidifying its leadership in the energy infrastructure sector.
See More
