Parsons Corporation (NYSE:PSN) Q4 2022 Earnings Call Transcript

Page 3 of 3

Carey Smith: Yes. So our contract, again, has already been awarded for the $2.24 billion. Within that, we have a 40% surge clause that they can exercise at any time. There’s three areas of focus for the Missile Defense Agency. One is defense of the Homeland. Second one is defense of Guam and the third one is the counter hypersonics activity. So those are the three priorities that our team is supporting Missile Defense Agency on today.

Louie DiPalma: Excellent. Thanks, Carey. Thanks, Matt.

Carey Smith: Thanks, Louie.

Matt Ofilos: Thanks, Louie

Operator: Thank you. And that’s all the time we have for questions this morning. So at this time, I would like to return the floor to David Spille for any closing comments.

David Spille: Thank you, and thank you for joining us this morning. If you have any questions, please don’t hesitate to give me a call. We look forward to speaking with many of you over the coming weeks. And with that, we’ll end today’s call. Have a great day.

Operator: Thank you. The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect your lines.

Follow Parsons Corp (NYSE:PSN)

Page 3 of 3