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

Key Takeaways: * Parsons was awarded a position on the COMET IDIQ contract with a combined ceiling value of more than $14 billion. * The contract supports the Missile and Space Intelligence Center's mission to deliver scientific and technical intelligence and foundational military intelligence analysis. * Parsons will compete for task orders supporting research, development, sustainment, and analytical services that strengthen national security decision-making. CHANTILLY, Va., Aug. 26, 2026 (GLOBE NEWSWIRE) -- 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.