The Defense Department now has 41 companies involved in this program focused on the preservation and sharing of information and knowledge related to military technology.
Investors always ask about revenue synergies and pathways for growth whenever a company makes an acquisition. They asked CEO Carey Smith what Parsons sees in this purchase and she gave her view.
The Defense Threat Reduction Agency will choose up to eight companies for this recompete of a contract vehicle focused on partnerships with other nations.
Carey Smith told Wall Street the company is applying AI "across our entire portfolio" with some specifics across its federal technology and critical infrastructure segments.
The Northern Virginia Chamber of Commerce and Professional Services Council announce class number 21 of the companies and executives as winners of the Greater Washington Government Contractor Awards.
Parsons details to investors its most recent purchase of a business that focuses on transportation engineering at the state level, but whose work could have meaning at the federal level as well.
This fifth iteration of the contract supports the Federal Aviation Administration's capital investment plan for upgrading its infrastructure and other assets.
The company has a new set of three-year financial goals for investors to consider as it continues on the path of blending the digital with the physical.