PSN Parsons Services Company
Price Chart
Executive Summary
Parsons Corporation announced its role as engineer of record and prime design consultant for the $721 million I-91/I-691/Route 15 Interchange Improvements Project in Connecticut, marking a major infrastructure contract win. The project strengthens Parsons' position in large-scale transportation infrastructure and provides a multi-year revenue stream through design and construction support services.
Key Financial Metrics
Actionable Insight
This contract win adds to Parsons' infrastructure backlog and supports revenue visibility over the multi-year project timeline. Monitor future quarterly filings for backlog growth and segment revenue contribution from infrastructure North America.
Key Facts
- Parsons is serving as engineer of record and prime design consultant for the $721 million I-91/I-691/Route 15 Interchange Improvements Project.
- The project is a three-phase program with the Connecticut Department of Transportation (CTDOT).
- Parsons will provide comprehensive engineering services from final design through construction support.
- The project aims to reduce congestion, improve safety, and enhance reliability on a key Northeast regional corridor.
Financial Impact
Contract valued at approximately $721 million total program cost; Parsons' specific revenue share not disclosed but as prime design consultant, likely a material portion of the program.
Risk Factors
- Project execution risks including cost overruns, delays, or scope changes.
- Dependence on state and federal funding for transportation infrastructure.
- Competitive pressure in the large-scale infrastructure consulting market.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3307907 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
today
|
Press Release
| $57.84 awaiting T+1 | awaiting T+1 | — | $57.83 (−0.02%) |
|
Jun 8, 2026
1d ago
|
Press Release
| $58.74 awaiting T+1 | awaiting T+1 | — | $57.83 (−1.54%) |
|
Jun 3, 2026
6d ago
|
Press Release
| $59.95 $60.64 | ▲ +1.15% | ▲ +0.75% | $57.83 (−3.54%) |
|
May 12, 2026
28d ago
|
Press Release
| $52.70 $50.34 | ▼ −4.48% | ▼ −5.05% | $57.83 (+9.73%) |
|
May 8, 2026
4w ago
|
Insider Cluster
| $50.38 $51.48 | ▲ +2.18% | ▲ +2.25% | $57.83 (+14.79%) |
|
May 8, 2026
4w ago
|
Insider Cluster
| $49.18 $48.74 | ▼ −0.89% | ▼ −1.13% | $57.83 (+17.59%) |
|
May 8, 2026
4w ago
|
Insider Cluster
| $49.18 $48.74 | ▼ −0.89% | ▼ −1.13% | $57.83 (+17.59%) |
|
Apr 29, 2026
5w ago
|
Press Release
| $50.30 $50.41 | ▲ +0.22% | ▼ −0.80% | $57.83 (+14.97%) |
|
Apr 27, 2026
6w ago
|
Press Release
| $51.50 $51.84 | ▲ +0.66% | ▲ +1.15% | $57.83 (+12.29%) |
|
Apr 20, 2026
7w ago
|
Press Release
| $54.92 $54.37 | ▼ −1.00% | ▼ −0.35% | $57.83 (+5.30%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access