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FAA contract

Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss: What December 5, 2025 Means for the Outlook

Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss: What December 5, 2025 Means for the Outlook

Updated: December 5, 2025 Parsons Corporation (NYSE: PSN) is having one of its most volatile trading days since going public. After months of anticipation, the U.S. Federal Aviation Administration (FAA) chose rival Peraton—not Parsons—as the prime integrator for the massive
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