Parsons (NYSE: PSN) has raised full-year sales guidance to reflect improved organic performance for the 2022 second half and the company’s $388 million acquisition of Xator that closed May 31. The Centreville, Virginia-based company said in its second quarter earnings statement it now expects revenue in the $3.95 billion-$4.15 billio...
Parsons‘ (NYSE: PSN) government services unit has won a potential $104.2 million contract to provide planning, design and construction services to the Missile Defense Agency’s facility restoration and modernization programs. The company will help MDA build sustainable infrastructure systems, update aging or damaged military facilities and ma...
Jordan Parsons, an industry veteran with over 16 years of experience supporting federal civilian agency customers, has joined ICF (Nasdaq: ICFI) to oversee programs with the National Institutes of Health and the Food and Drug Administration as vice president for public health, GovCon Wire has learned. In this capacity, she will lead efforts to deliv...
Carey Smith, chairwoman, president and CEO of Parsons (NYSE: PSN), said the company has acquired eight companies in the past five years and adopted a deliberate strategy with a focus on “buying for technology differentiation,” Defense News reported Thursday. “Our focus largely to date has been on cyberspace and critical infrastructure protecti...
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 ...
