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Parsons Announces Submission of Registration Statement for Proposed IPO

Parsons has submitted to the Securities and Exchange Commission a registration statement for its planned initial public offering. The company said Friday it plans to trade on the New York Stock Exchange using the ticker symbol “PSN” and details about the price range and number of shares to be put …

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Parsons Files to Go Public

Parsons confidentially filed with the Securities and Exchange Commission a draft registration statement for its planned initial public offering. The company said Tuesday it has not yet determined the number of shares and price range for the proposed IPO, which is set to kick off once SEC concludes its evaluation process. …

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Parsons Files Plan for IPO

Parsons filed with the Securities and Exchange Commission for an initial public offering to raise approximately $500M, Reuters reported Friday. The IPO could be available in April or May with the value of the construction and engineering services estimated at $3B, according to the report. Bank of America, Goldman Sachs …

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Parsons Relocates HQ to Washington DC in Push for Defense, Intell & Critical Infrastructure Growth

TYSONS CORNER, VA, March 4, 2019 — Parsons has moved to increase its proximity to major customers and key decision-makers in an effort to drive critical infrastructure, defense and intelligence market growth with a new corporate headquarters in Washington, D.C., ExecutiveBiz reported Thursday. The company said Thursday its headquarters relocation …

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PAE-Parsons JV Receives $106M Contract to Support US Military Base in Guam

DZSP 21, a joint venture between PAE and Parsons‘ government services business, has secured a $106.4M contract from the U.S. Navy to provide base operations support at Joint Region Marianas on the island of Guam. The JV will help military personnel manage facilities and equipment, operate ports and conduct environmental efforts, …

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Parsons Awarded $94M Air Force Launch Manifest Systems Integrator Contract

Parsons has landed a potential five-year, $94.3M contract to integrate and demonstrate technology platforms under the U.S. Air Force’s Launch Manifest Systems Integrator program. The service branch received one offer for the LMSI requirement and allocated $5.8M in fiscal 2019 space procurement funds at the time of award, the Department …

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Tech Professional Stuart Kippelman Appointed Parsons CIO

Stuart Kippelman, an information technology veteran, has joined Parsons as chief information officer of the Pasadena, Calif-based security, defense and infrastructure services contractor. He will work with the company’s business executives to address IT matters in areas such as data analytics, business intelligence, technical services and development and support, Parsons said Wednesday. Kippelman previously …

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Parsons Buys OGSystems to Add Geospatial Intell Expertise

Parsons has purchased Chantilly, Va.-based technology services contractor OGSystems for an undisclosed sum in a move to deepen expertise in geospatial intelligence and big data analytics. Chuck Harrington, chairman and CEO of Parsons, said in a statement released Monday the company’s strategy is focused on disruptive technology platforms built to …

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Parsons Elevates Thomas Topolski to EVP Post

Thomas Topolski, formerly senior vice president for rail and transit business development at Parsons, has been promoted to executive VP for infrastructure business development. Parsons said Wednesday Topolski will report directly to Chief Operating Officer Carey Smith and oversee proposal, capture and alternative project delivery efforts in his new position. He will …

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Mike Johnson Promoted to Parsons Vice Chairman, Chief Development Officer

Mike Johnson, formerly president of Parsons‘ infrastructure business, has been named vice chairman and first chief development officer of the company. Parsons said Thursday Johnson will report to Chairman and CEO Chuck Harrington and oversee client and partner relationships in his new role. He will also lead opening sales and partner channels …

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