Parsons Corp

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.

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.

Parsons' new delivery model is its connective tissue

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Parsons wins $1.5B FAA contract

Parsons wins recompete for 10-year contract to support the National Airspace System.

Inside the biggest M&A deals of 2011

Last year saw a slight drop in the number of completed deals, but the power of mergers and acquisitions to transform companies remains strong.