Parsons reported $1.62 billion in third quarter fiscal 2025 revenue, down 10 percent year-over-year and 14 percent on an organic basis. Excluding its confidential contract, the defense and infrastructure engineering company achieved double-digit revenue growth of 14 percent and an organic revenue increase of 9 percent, driven by growth in its c...
Parsons has appointed Steven Meier as chief technology officer and vice president of space solutions, while John Davies was promoted to CTO of high consequence missions. The executives announced their appointments via LinkedIn. Who Is Steven Meier? Meier is an aerospace technology executive with over three decades of experience spanni...
Ron Craig, a government contracting industry veteran, has joined Parsons as vice president and space systems architect. He confirmed his new role in a LinkedIn post Sunday. In his new role, he will lead the company’s efforts to drive innovation, develop and execute growth strategies, and pursue and capture new business opportunities in new markets...
Parsons has appointed Cindy Murphy, a GovCon industry executive, as senior vice president of business development for high consequence missions. In a LinkedIn post announcing her move to Parsons, Murphy said her position is “focused on driving growth that directly impacts the mission.” “Scaling exquisite products, technologies, and...
Parsons has appointed Katie Salazar, a seasoned leader in operations and human capital, vice president of operations for high consequence missions. The executive announced her appointment on LinkedIn Tuesday. Who Is Katie Salazar? Salazar is a seasoned executive with extensive experience in talent acquisition and employee engagement. She m...
Holden Silvia has been promoted to vice president and chief technology officer of national security and operations at Parsons. Silvia announced his appointment on LinkedIn Saturday. “I look [forward] to collaborating with my peers and the programs within national security & operations to continue pushing the envelope with technology ...
Parsons has appointed Michael Hamer, a Department of Defense acquisition and engineering professional, as senior vice president and program director for systems engineering and integration. Hamer announced his new position at the Chantilly, Virginia-based defense technology and infrastructure engineering company in a LinkedIn post published Monday. ...
Parsons posted $1.6 billion in fiscal year 2025 second-quarter revenue, down 5 percent from the prior-year period, and ended the quarter with a total backlog of $8.9 billion with a book-to-bill ratio of 1.1x on net bookings of $1.5 billion. In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infrastructure eng...
Parsons has acquired Chesapeake Technology International, a Bluestone Investment Partners portfolio company, for approximately $89 million as part of a push to expand its electromagnetic warfare and all-domain offerings for the U.S. defense market. Parsons said Tuesday the transaction aligns with its strategy of broadening its portfolio of critical ...
The Defense Threat Reduction Agency has awarded Parsons a $137 million task order for specialized cyber operations capabilities. Services that will be provided include cyber assessments and subject matter experts supporting cyber operations, development, analysis and research, Parsons said Thursday. The contract was awarded under the Assessment, Exe...
