Parsons Corp

Parsons' most recent acquisition and what it means

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.

  • By Ross Wilkers

Parsons to acquire cyber, software provider for utilities

Infrastructure digitization and modernization opportunities are where the buyer is looking to further position itself.

  • By Ross Wilkers

Parsons' 2023 outlook highlights defense tech research and infrastructure opportunities

The company expects infrastructure spending to ramp up toward the end of 2023, but not peak for another three years afterward.

  • By Ross Wilkers

Where Parsons sees commonality between its two businesses

In this company's eyes, a similar theme of technology modernization dominates the agenda for government and critical infrastructure programs.

  • By Ross Wilkers

Parsons promotes new defense and intelligence business leader

The three-decade market veteran will oversee business execution and strategic growth initiatives.

  • By Nick Wakeman

Parsons' drive for growth gains steam

The company's strategy is paying off as it converts the value of its backlog into actual higher margin revenue.

  • By Ross Wilkers

Parsons elevates new finance chief, current CFO joins board

A former Pentagon acquisition chief also is taking up a seat on Parsons' board of directors.

  • By Ross Wilkers

Five win seats on $850M counter-WMD program

The Defense Threat Reduction Agency is acquiring services for training and mission rehearsal through the contract.

  • By Ross Wilkers

PROJECT 38: How the convergence of digital and physical drive Parsons' growth

Parsons Corp. was born an engineering company in 1944 and still is. But software is also a core component in both federal and infrastructure markets as our Ross Wilkers heard from Peter Torrellas, president of the company's connected communities business.

  • By Ross Wilkers

Parsons to acquire biometric, counter-unmanned tech company

Both Parsons' federal and critical infrastructure segments will have access to Xator's offerings after the $400 million transaction's closure.

  • By Ross Wilkers

Parsons' new delivery model is its connective tissue

The company is seeing more convergence and collaboration opportunities in its federal and critical infrastructure segments.

  • By Ross Wilkers

DHA awards $10B military medical research contract

Fifty-six companies will work with the agency to translate findings and innovations into medical practices for combat casualty care.

  • By Ross Wilkers

Parsons sees rising infrastructure spending on the horizon

Two federal customers in particular have already increased outlays with more on the way thanks to the infrastructure bill passed last year.

  • By Ross Wilkers

Parsons get second chance at $320M Air Force cloud competition

What Parsons said in a protest has led the Air Force to take another look at proposals for an application migration award.

  • By Nick Wakeman
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Parsons sees infrastructure spending opportunities on the horizon

Parsons Corp.'s plan for this year is already in place, but the company also has the infrastructure spending bill and any potential opportunities from it on its mind for 2023.

  • By Ross Wilkers

New finance chief, board changes highlight latest exec moves

Among the latest executive moves in the market are new chief financial officer at one of the defense market's blue chip players and changes at two companies' board of directors.

  • By Ross Wilkers

Parsons deepens cybersecurity capability through latest acquisition

Parsons Corp. has acquired Secure Mission Solutions in a move that boosts Parsons’ critical asset protection and delivery, cybersecurity services, sustainment and protection.

  • By Mark Hoover

Who made September's biggest hires?

September may not be the busiest time for high profile personnel moves, given the end of year contracting rush, but we still tracked several high profile new hires.

  • By Mark Hoover

Parsons picks new VP of strategic development

Parsons re-hired Jay Watkins to be vice president of strategic development, where he will focus on business development as he manages the company’s transportation strategy.

  • By Mark Hoover

Three win $252M Postal Service program management contract

Parsons, URS and AMEC have won a program management contract with the Postal Service to support the service's portfolio of facilities. They'll now battle for $42 million a year in task orders.

  • By Mark Hoover

Parsons names new Intelligence Sector manager

Parsons Government Services has appointed Joseph Nicholas to the position of Intelligence Sector Manager within the company's National Security and Defense division.

  • By Mark Hoover