Parsons Awarded $70M to Advance Air Base Air Defense Capabilities Across Europe and Africa

Key Takeaways: * Parsons was awarded a $70 million task order under the U.S. Air Force's Air Base Air Defense (ABAD) contract to provide integration, testing, deployment, maintenance, and operational transition support for U.S. Air Forces in the Europe-Air Forces Africa (USAFE-AFAFRICA) region. * The company will provide integration, testing, deployment, maintenance, and operational transition of Point Defense capabilities. CHANTILLY, Va., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been awarded a $70 million ceiling task order under the U.S. Air Force's Air Base Air Defense (ABAD) contract to provide integration, testing, deployment, maintenance, and operational transition support for operational capabilities throughout the USAFE-AFAFRICA region. The task order has a four-year period of performance with three 12-month option periods and expands upon Parsons' ongoing support of the Air Force's ABAD mission.