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Parsons Secures $593 Million FAA ‘Tactical Anchor’ Extension to Stabilize Airspace Modernization Through 2030

Parsons Corporation

Parsons Secures $593 Million FAA ‘Tactical Anchor’ Extension to Stabilize Airspace Modernization Through 2030

In a move that provides much-needed stability to its long-term revenue forecast, Parsons Corporation (NYSE: PSN) announced today, January 26, 2026, that it has secured a $593 million contract extension from the Federal Aviation Administration (FAA). This award exercises the first three-year option period under the Technical Support Services Contract

By MarketMinute
Treasury Severs Ties: Booz Allen Hamilton Loses $21 Million in Contracts Following Data Security Failures

Booz Allen Hamilton

Treasury Severs Ties: Booz Allen Hamilton Loses $21 Million in Contracts Following Data Security Failures

In a move that has sent shockwaves through the federal contracting landscape, United States Treasury Secretary Scott Bessent announced on Monday, January 26, 2026, the immediate termination of $21 million in contracts with consulting powerhouse Booz Allen Hamilton (NYSE: BAH). The decision, framed as a long-overdue accountability measure, stems from

By MarketMinute