Parsons (NYSE: PSN) has won a potential five-year, $53 million task order to help the Defense Threat Reduction Agency build and enhance partner nation capacity to counter and deter weapons of mass destruction and emerging threats. The company said Monday it will provide training, equipment and subsequent maintenance in support of DTRA’s Intern...
Parsons (NYSE: PSN) has secured a potential seven-year, $160 million single-award contract to develop hardware and software products for the U.S. intelligence community. Mike Kushin, president of Parsons’ defense and intelligence sector, said in a statement published Thursday that the company will build on its technical expertise to help the I...
Parsons Chair, President and CEO Carey Smith has been appointed chair of Executive Mosaic’s 4×24 Group 1 Leadership. The 4×24 executive leadership program is designed to connect senior industry leaders with influential government officials in a series of collaborative and supportive dinner events aimed at advancing critica...
Parsons (NYSE: PSN) has purchased Sealing Technologies for approximately $200 million in a transaction that expands its defensive cyber capabilities, broadens its client base across the Department of Defense and Intelligence Community and strengthens its presence as a cybersecurity company in the national security market. Established in 2012, Sealin...
Parsons (NYSE: PSN) was awarded a potential five-year, $109 million contract to continue assisting the U.S. Cyber Command in its development of command, control, communications, computers and capabilities. The Centreville, Virginia-headquartered defense contractor said Thursday the classified award covers work previously done as part of C4 Capabilit...
Parsons (NYSE: PSN) achieved record revenue of $1.4 billion for the second quarter of fiscal 2023, reflecting a year-over-year increase of 34 percent, and attributed the rise to organic growth from the contractor’s federal solutions and critical infrastructure segments. The Centreville, Virginia-based defense and infrastructure engineering com...
Parsons (NYSE: PSN) has elevated Noel Goldstein, a 24-year government services industry veteran, from senior business development director to a vice president position. Goldstein joined Parsons in February 2021. His responsibilities have included client engagement, capture management and campaign development functions for the Department of Defense a...
Parsons (NYSE: PSN) will provide the Defense Threat Reduction Agency with vulnerability assessment and other support services under a potential five-year, $170 million task order. The company said Wednesday it was also tasked with assisting the operational programs of DTRA’s Nuclear Enterprise Directorate in addition to performing analyses, design...
Parsons is going through a period of accelerated, unprecedented growth. After a first quarter that exceeded financial expectations, Parsons has raised its prediction for full-year 2023 revenue to $4.6 billion. Executive Mosaic spoke with Parsons Chairwoman, President and CEO Carey Smith, a five-time Wash100 Award winner, to lear...
Parsons (NYSE: PSN) has appointed government and industry veterans Andrew Weber and Richard Varos to its strategic advisory boards focused on federal solutions and critical infrastructure, respectively. Weber brings to the federal solutions advisory board three decades of government service, including a five-year stint as assistant secretary of defe...
