Companies
Parsons to acquire cyber, software provider for utilities
Infrastructure digitization and modernization opportunities are where the buyer is looking to further position itself.
Companies
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.
Companies
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.
Companies
Parsons promotes new defense and intelligence business leader
The three-decade market veteran will oversee business execution and strategic growth initiatives.
Contracts
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.
Companies
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.
Companies
Five win seats on $850M counter-WMD program
The Defense Threat Reduction Agency is acquiring services for training and mission rehearsal through the contract.
Podcasts
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.
Companies
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.
Companies
Parsons' new delivery model is its connective tissue
The company is seeing more convergence and collaboration opportunities in its federal and critical infrastructure segments.
Contracts
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.
Companies
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.
Contracts
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.
Companies
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.
Companies
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.
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