CHANTILLY, Va., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded an indefinite delivery indefinite quantity contract to modernize the U.S. Coast Guard’s (USCG) Biometrics at Sea System (BASS 2.0). The BASS platform is a critical tool for maritime law enforcement operations and enables the Coast Guard to collect and analyze biometric data, including fingerprints and facial recognition, to verify identities, recognize threats, and enhance security by connecting to national and international databases. This award has a five-year performance period and represents new work for the company.

“Parsons is proud to partner with the U.S. Coast Guard on this vital modernization effort that will enhance operational efficiency and expand biometric capabilities to meet the evolving needs of maritime law enforcement and national security,” said Jon Moretta, president, Engineered Systems for Parsons. “Our team is committed to delivering advanced technology solutions that empower the Coast Guard to achieve its mission of ensuring the nation's maritime safety, security and stewardship.”

Under this contract, Parsons will provide personnel for strategic planning and technical expertise to support the software and hardware of the company’s JavelinXL devices and the Ares Gateway, which are key components of the BASS platform. Parsons will also supply and deploy JavelinXL devices to Coast Guard units conducting maritime law enforcement activities.

Parsons’ JavelinXL kits and Ares Gateway will provide the Coast Guard with cutting-edge tools to collect and analyze biometric data in real-time, enabling faster identity verification and improved threat detection during critical missions. The JavelinXL devices are rugged, Android-based handhelds designed for multi-modal biometric capture, including four-finger slap prints, dual-iris scans, facial imagery, and voice data and are in use by federal customers around the world. Managed through Parsons’ Ares mobile application, these devices provide lightweight, modular, and efficient solutions for collecting and integrating biometric data in dynamic maritime environments.

Parsons has delivered over 3,500 mobile biometrics solutions to customers including the intelligence community, Department of Defense, and law enforcement customers. For more information about Parsons' identity solutions for national security, visit parsons.com/identity-management-and-biometrics/ .

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

Forward-Looking Statements:

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends and factors that are difficult to predict, many of which are outside of our control. Accordingly, actual performance, results and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the government’s budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations or cancellations caused by competitors’ protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train or retain employees with the requisite skills, experience and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews and investigations, which may result in materially adverse judgments, settlements or other unfavorable outcomes. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption “Risk Factors” in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws.

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