Tim Schmitt, chief development officer at Parsons (NYSE: PSN), will join the company’s executive leadership team on Aug. 1. He will continue to serve in his current role while overseeing the Centreville, Virginia-based technology services contractor’s mergers and acquisitions program, strategy and market research initiatives, Parsons said Tuesda...
Parsons (NYSE: PSN) has closed its purchase of Xator for approximately $400 million as part of efforts to expand its footprint within the Intelligence Community, U.S. Special Operations Command, federal civilian and critical infrastructure markets. The transaction was first announced in May and Parsons said Wednesday it will integrate Xator into its...
Parsons (NYSE: PSN) recorded $949 million in revenue for the first quarter of its 2022 fiscal year, up 9 percent from the prior-year period, and attributed the sales increase to organic growth from the company’s federal solutions and critical infrastructure segments. The Centreville, Virginia-based contractor ended the quarter with a total bac...
Parsons President and CEO Carey Smith received her fourth Wash100 Award, the most prestigious annual award that recognizes the elite leaders of the impending year across the government contracting (GovCon) sector, for driving internal investment and her leadership to grow Parsons’ growth as well as its footprint in the federal landscape. Executi...
Carey Smith, president and CEO of Parsons, has been recognized by Executive Mosaic in the 2022 edition of the Wash100 Award, the fourth time that she’s received the most prestigious recognition in government contracting. Smith assumed the president role at Parsons in November 2019, took on additional responsibilities as CEO in July 2021 and will ...
Parsons (NYSE: PSN) has received a five-year, $104 million contract to develop and engineer software platforms for the U.S. Intelligence Community. The Centreville, Virginia-based company said Monday it will also perform reverse engineering and vulnerability research support work under the single-award classified contract. Michael McKloskey, senior ...
The Cybersecurity and Infrastructure Security Agency’s Boyden Rohner, Stuart Kippelman of Parsons and Matthew Swenson of the Department of Homeland Security all convened on Wednesday to speak on the complex facets of cybersecurity and the implications each has on an organization’s information security capabilities in today’s evolving threat en...
Stu Kippelman, chief information officer of Parsons, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Monday. He talked about the company’s growth strategy, culture and workforce as well as digital transformation goals. The executive also discussed smart cities, interactive artificial intelligence, data mining...
Carey Smith, president and CEO of Parsons (NYSE: PSN) and a 2022 Wash100 Award winner, will assume additional duties as chairwoman of the Centreville, Virginia-based company’s board of directors, effective April 14. She will succeed Chuck Harrington, who will retire as executive chairman after a four-decade career with the company, Parsons said Mo...
Parsons (NYSE: PSN) will deliver COVID-19 test kits to Immigration and Customs Enforcement facilities and provide the Department of Homeland Security agency with support services under a potential three-year task order valued at over $100 million. The company said Wednesday it will supply rapid molecular and rapid antigen test kits, and conduct rela...
