Earnings rose at Parsons [PSN] in the fourth quarter and the full year of 2024, the company reported early Wednesday. Net earnings for the fourth quarter ended Dec. 31 were $54 million or $ $0.49 a share, up from $49 million, or $ $0.39 a share, in the year-ago quarter. Quarterly revenue was $1.7 billion up year-over-year from $1.5 billion. For the full year, Parsons saw record net earnings of $235 million or $2.12 per share, up from $161 million…
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Congress Updates
House Republicans Block Measure To Impeach Hegseth
House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]
Top House Defense Appropriator Calvert Officially Wins Reelection Bid
Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]
No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says
Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]
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More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]
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