$PSN

Parsons (PSN) reported flat Q2 revenue of $1.58B, missing estimates, and lowered full-year guidance, causing its stock to drop 26.3%. BWX (BWXT) reported $901.6M revenue, up 18%, meeting expectations and beating EBITDA guidance. RTX (RTX) reported $24.71B revenue, up 14.5%, beating expectations and raising EPS guidance. The stock is up 3.2% since reporting.

Parsons Corp. secured two task orders from the U.S. Energy Department's National Nuclear Security Administration for counter-nuclear smuggling initiatives. The contracts, valued at $90 million, cover 25 countries and run through 2031. Parsons has seven task orders under this program, supporting nonproliferation and national security efforts.

Parsons Corp (PSN) secured task orders for nuclear security operations in the Middle East and Africa, valued at nearly $90 million. The GF Value™ metric suggests PSN is 37.9% undervalued, trading at $49.36 vs. an intrinsic value of $79.54. The company has a GF Score™ of 78/100, indicating strong fundamentals. Insiders have bought $3.1 million in shares over the past year.

Parsons (NYSE: PSN) received two new task orders for counter-nuclear smuggling systems in 25 countries, extending through July 2031. The awards, worth $90 million, expand its CNSSD portfolio to seven task orders. Parsons holds one of two positions on the $1 billion CNSSD MATOC contract.

Parsons won a $514M, two-year contract extension from the Missile Defense Agency for engineering support of the integrated missile defense system. The work includes studies, analysis, and oversight for ballistic and hypersonic missile threats. This extends a 2021 agreement under the TEAMS Next contract.

Parsons has secured a position on the $14 billion COMET contract, supporting the Missile and Space Intelligence Center. The contract covers five mission tasks, including intelligence analysis and technical support. Parsons will compete for task orders under this indefinite-delivery/indefinite-quantity contract.

Parsons stock rose 1.4% after securing two federal contracts worth up to $14.75 billion, boosting its revenue pipeline. The contracts include a $14 billion missile evaluation contract and a $750 million cybersecurity deal. The gains follow a 52-week low in July and an analyst upgrade. The broader market had little impact on the stock's performance.

Parsons Corporation (PSN) shares rose 1.8% after securing a position on a $14B contract for missile and space intelligence operations. The contract, called COMET, supports the Missile & Space Intelligence Center and its partners. Parsons will compete for task orders involving research, development, and analytical services. The company has a long history in this sector and recently expanded its capabilities through the acquisition of Altamira Technologies.

SealingTech, a Parsons Corporation subsidiary, won a $750M contract from USCYBERCOM for the Joint Cyber Hunt Kit. The five-year deal highlights SealingTech's expertise in deployable cyber defense solutions, according to the company. Parsons' Cyber and Electronic Warfare market contributes over 20% of its revenue.

Parsons (NYSE:PSN) shares traded flat on Monday. The company secured a $514M missile-defense contract option, but broader market weakness limited gains. PSN is down 39% over the past year, with key resistance at $49.50 and support at $48.00. Analysts have a Buy consensus rating with an average price target of $59.14.