Parsons (NYSE: PSN) has agreed to buy radio frequency products developer QRC Technologies from private equity firm DC Capital Partners for approximately $215M in cash in a push to expand its portfolio of products in the RF and signals intelligence sector....
Parsons (NYSE: PSN) reported $904M in revenue for the first quarter of 2019, up 20 percent from the same period last year. The Pasadena, Calif.-based company said Tuesday it posted $1.2B in contract awards during the quarter with a total backlog of $8.6B and a book-to-bill ratio of 1.4x....
David Spille, former vice president of investor relations at Engility, has been appointed to the same position at Parsons (NYSE: PSN). Parsons said Monday Spille has more than two decades of investor relations experience, which includes eight years in the federal information technology services industry, and his professional background encompasses m...
Parsons closed Friday its initial public offering three days after it started trading under the ticker symbol œPSN on the New York Stock Exchange. The company said Friday it offered more than 18.5M shares of common stock at a price of $27 per share and expects net proceeds from the IPO to hit approximately $462.9M,...
Parsons (NYSE: PSN) is selling 18,518,500 shares of common stock at a target price of $26 to $28 per share through an initial public offering. The company said Monday it expects to grant underwriters a 30-day option to buy up to 2,777,775 additional shares. BofA Merrill Lynch, Morgan Stanley and Goldman Sachs & Co. will...
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 œPSN and details about the price range and number of shares to be put up for the IPO are...
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. The IPO is projected to...
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 and Morgan Stanley are among...
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 relocati...
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, as well a...
