Parsons announces $137M ceiling value contract for cyber operations

Parsons (PSN) announced that the company was awarded a $137M ceiling value contract by the Defense Threat Reduction Agency for cyber operations. The single award was issued under the Assessment, Exercise, Modeling and Simulation, and Support indefinite-delivery, indefinite-quantity multiple award task order contract with a one-year base period of performance and four one-year option periods plus one six-month option period and is new work for the company. Parsons will provide specialized cyber operations capabilities including cyber assessments and subject matter experts supporting cyber operations, development, analysis, and research.