Tag Archives: PSN

The U.S. Navy has awarded eight companies positions on a potential 10-year, $968.1M contract to install command, control, communications, computers, intelligence, surveillance and reconnaissance platforms at the service branch’s shore facilities worldwide.

Laddie Irion, a more than three-decade aviation consulting industry veteran, has joined Parsons (NYSE: PSN) as aviation practice leader.

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.

Several technology services contractors and consulting firms have won spots on a potential five-year, $49M contract to provide the Department of Health and Human Services’ program support center with artificial intelligence and automation tools designed to facilitate operations, the Washington Business Journal reported Thursday. More than 50 awardees will vie …

Parsons closed Friday its initial public offering three days after it started trading under the ticker symbol “PSN” 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 …

Nine companies have won potential seven-year contracts to provide technical, management and professional services in support of the U.S. Navy’s cyber space operations. The Naval Information Warfare Center Pacific received 18 offers for the indefinite-delivery/indefinite-quantity contracts, which cover support for interoperability of systems and capabilities at tactical, strategic and operational …