Parsons Secures $100M Task Order For US Department Of Homeland Security COVID-19 Testing

• Parsons Corp (NYSE:PSN) has secured a task order to provide testing solutions in response to the COVID-19 pandemic at the U.S. Department of Homeland Security (DHS) Immigration and Customs Enforcement (ICE) facilities across the U.S.
• The award includes a one-year base and two one-year option periods for a potential total value of more than $100 million.
• The task order was issued under the DHS COVID-19 Testing Solutions IDIQ, on which the company was awarded a contract in November 2020.
• Parsons will supply emergency use authorized, portable, rapid molecular, and quick antigen test kits to the DHS and provide logistics, coordination, and training support.
• Price Action: PSN shares are trading lower by 0.09% at $32.77 on the last check Wednesday.