Parsons Gets $63 Million Contract Modification for RADBO Systems From US Air Force-March 2024-www.financetom.com

Parsons Gets $63 Million Contract Modification for RADBO Systems From US Air Force

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Parsons Gets $63 Million Contract Modification for RADBO Systems From US Air Force

Apr 25, 2024 8:52 AM

11:16 AM EDT, 04/25/2024 (MT Newswires) -- Parsons (PSN) said Thursday it received a $63 million contract modification for its Recovery of Airbase Denied by Ordnance, or RADBO, systems production deal with the US Air Force Life Cycle Management Center.

The modification brings the total number of RADBO systems to 29, according to the company.

The RADBO system is designed to destroy unexploded ordnance from the interior of Mine-Resistant Ambush Protected vehicles, the company added.

Price: 79.09, Change: +0.19, Percent Change: +0.24

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