Max Montague, formerly a senior director at Parsons, has been appointed vice president of defense and intelligence for cyber and national operations at the Virginia-based information technology provider, according to his LinkedIn announcement. Montague was elevated to the role after serving as a senior director at Parsons since 2022. He joined the c...
Parsons (NYSE: PSN) reported record revenue of $1.5 billion during the first quarter of 2024, reflecting a year-over-year increase of 31 percent, and a record Q1 organic revenue growth of 29 percent due to the continued ramp-up on contract awards and execution on the company’s backlog programs. The Centreville, Virginia-based defense and infra...
The Department of Energy’s National Nuclear Security Administration has awarded Parsons (NYSE: PSN) and SeaTech Global Security Solutions positions on a potential seven-year, $1 billion contract to support the deployment of counter nuclear smuggling systems. The vendors will perform design, construction, integration, communications, logistics, tra...
Parsons has reported that its fourth-quarter revenue in fiscal year 2023 increased 35 percent year-over-year to $1.5 billion and full-year revenue jumped 30 percent to $5.4 billion. The company attributed the Q4 revenue growth to organic growth of 34 percent and $20 million from acquisitions during the period, according to an earnings statement publ...
Executive Mosaic is honored to recognize Carey Smith, chair, president and CEO of Parsons, with the 2024 Wash100 Award for her continued efforts to drive the company’s growth and expansion efforts by leading new business integration and pursuing M&A opportunities. Vote for Smith as one of your 10 favorite government industry leaders at Was...
The Department of Labor awarded Parsons (NYSE: PSN) a potential five-year, $115 million contract to provide management support to the Job Corps Acquisition Services. The company said Thursday that it has been cleared to continue assisting in project planning and management of the JCAS Facilities Program. Parsons has been under contract with JCAS sin...
Tim Dunne, chief operating officer of Sealing Technologies, has succeeded Edward Sealing as CEO of the Parsons (NYSE: PSN) subsidiary. In a LinkedIn post, Sealing announced the leadership change and his transition to the role of chief technology officer after serving for more than a decade as chief executive of the cybersecurity platforms provider. ...
James Parys, formerly a senior vice president at Parsons (NYSE: PSN), has been appointed VP of strategic capture command and control and intelligence at Ultra Intelligence & Communications, according to a recently published LinkedIn post. The former U.S. Navy operations specialist most recently served as SVP of mission solutions growth and VP of...
Parsons (NYSE: PSN) reported top and bottom-line results in the third quarter of 2023. In the three months that ended Sept. 30, 2023, total revenue rose 25 percent year-over-year to $1.4 billion, a new company record, and net income climbed 60 percent to $47 million versus Q3 2022. The shares of the technology provider popped...
John Stasulli, chief technology officer of defense and space engineering solutions at Parsons (NYSE: PSN), has been given the additional role of vice president, he announced in a LinkedIn post on Sunday. He has been with the company since March 2020 and has nearly 20 years of experience in defense-related software and engineering. Stasulli is...
