Parsons (NYSE: PSN) has won a potential $2.24 billion contract from the Missile Defense Agency for engineering and technical support services. MDA received two offers for the cost-plus-fixed-fee contract through a competitive procurement process and will obligate $36.4 million in research, development, test and evaluation funds for fiscal year 2021,...
Parsons (NYSE: PSN) has agreed to acquire BlackHorse Solutions for approximately $203 million to broaden its client base and expand its digital, artificial intelligence, machine learning and cyber capabilities to support military, intelligence and space operations. Parsons said Thursday it expects the transaction to conclude in July and to be accret...
Parsons (NYSE: PSN) has won a potential $185 million contract to help the U.S. Space Force update a government-owned software suite that supports situational awareness efforts at the Department of Defense and other federal agencies. The Space and Missile Systems Center’s special programs directorate awarded the cost-plus-fixed-fee contract for...
Parsons (NYSE: PSN) has received a $618 million task order from the General Services Administration to provide system engineering, research and development, prototyping, training and open-source intelligence capabilities needed for enhancing the cyber and intelligence technologies of the intelligence community. The professional services are in suppo...
Carey Smith, president and chief operating officer of Parsons (NYSE: PSN) and a 2021 Wash100 Award winner, has been elected by the board of directors to succeed the retiring Chuck Harrington as the company’s CEO, effective July 1. Harrington, who has been CEO and board chairman since 2008 and a previous Wash100 Award recipient, will...
Carey Smith, president and chief operating officer for Parsons, was presented her third Wash100 Award, the most celebrated and coveted award in all of government contracting (GovCon), by Jim Garrettson, CEO of Executive Mosaic and founder of the Wash100 Award, during a recent visit to Parsons. For her 2021 Wash100 Award win, Executive Mosaic recogni...
Carey Smith, president and chief operating officer for Parsons, has received a Wash100 Award from Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, for the third time in her career. With her third Wash100 Award win, Smith’s contributions to t...
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 managemen...
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 computin...
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 computin...
