Parsons (NYSE: PSN) has secured a potential seven-year, $600 million contract for nationwide program management services to the U.S. Postal Service. The contract marks Parsons’ third consecutive award from USPS and extends the 17-year business relationship between the two parties, the company said Monday. “Our experience in program management, architectural …
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Parsons to Build Tactical Computing Tech for Army; Hector Cuevas Quoted
Parsons (NYSE: PSN) has secured a $69 million contract to provide computing technology research and development services to the U.S. Army. The company said Tuesday it will explore computational approaches for potential battlefield mission use, machine learning and other emerging technology that can support the branch's high-performance computing applications.
Read More »Parsons to Build Tactical Computing Tech for Army; Hector Cuevas Quoted
Parsons (NYSE: PSN) has secured a $69 million contract to provide computing technology research and development services to the U.S. Army. The company said Tuesday it will explore computational approaches for potential battlefield mission use, machine learning and other emerging technology that can support the branch's high-performance computing applications. Work …
Read More »Parsons-Leidos-SAIC-SRC Team to Pursue $953M USAF Base Protection Contract
Parsons (NYSE: PSN) has teamed up with Leidos (NYSE: LDOS), Science Applications International Corp. (NYSE: SAIC) and SRC to compete for a potential 10-year, $953M contract seeking new systems that would protect U.S. Air Force bases in Europe and Africa. The Parsons-led industry team will apply commercial and government off-the-shelf …
Read More »Cybersecurity Vet John Felker Named to Parsons Federal Strategic Advisory Board
John Felker, former assistant director for integrated operations at the Cybersecurity and Infrastructure Security Agency, has joined the federal strategic advisory board of Parsons (NYSE: PSN).
Read More »Parsons Closes $300M Braxton Purchase for Space, Intell Market Push
Parsons (NYSE:PSN) has wrapped up its $300M acquisition of Braxton Science & Technology Group in a move to expand technology offerings for the space, intelligence and cyber sectors.
Read More »Parsons Reports $250M in DoD ‘Other Transaction’ Awards for 2020; Carey Smith Quoted
Parsons (NYSE: PSN) has booked other transaction agreements worth more than $200M combined this year to support military technology research and development efforts at the Department of Defense. "We’re focused on quickly delivering the most advanced operational capabilities that help protect our warfighter against future threats,” said Carey Smith, president and chief operating officer at Parsons and a two-time Wash100 Award recipient.
Read More »Parsons Chairman, CEO Chuck Harrington Receives First Wash100 Award for Company Growth, Expanding Defense Work
Executive Mosaic founder and CEO Jim Garrettson presented Chuck Harrington, chairman and CEO of Parsons, his first Wash100 Award on Friday. Harrington has received the award for his leadership and vision to grow Parsons through key acquisitions, contract awards and expanding work with U.S. defense customers. Most notably, Harrington helped orchestrate multiple contract awards in 2019.
Read More »PAE-Parsons JV Gets Potential $545M Naval Base Operations Support Contract
DZSP 21, a joint venture of Parsons (NYSE: PSN) and PAE (Nasdaq: PAE), will help the U.S. Navy manage its joint military base with the U.S. Air Force in Guam under a potential $545.3M contract.
Read More »Hector Cuevas Promoted to Parsons Missile Defense EVP, C5ISR Market Lead
Hector Cuevas, most recently senior vice president of product sales operations at Parsons (NYSE: PSN), has been promoted to executive vice president for missile defense and C5ISR market leader.
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