Tag Archives: PSN

Parsons (NYSE: PSN) has unveiled a new logo that seeks to reflect the company’s efforts and commitment to delivering “a better, safer and more connected world.” Centreville, Va.-based Parsons said Monday the “Quest Mark” logo features angles to reflect the company’s ability to address challenges from different perspectives, green-to-blue gradient to showcase its leadership in various domains and a gap in the logo to indicate its position as a disruptor.

Executives from Leidos (NYSE: LDOS), ManTech International (Nasdaq: MANT), Parsons (NYSE: PSN) and Jacobs Engineering Group (NYSE: JEC) said they believe divestitures of smaller business units resulting from major mergers and acquisitions in the past two years could drive the next wave of M&As in the government contracting market, the Washington Business Journal reported Wednesday.

Carey Smith, chief operating officer of Parsons (NYSE: PSN), has assumed additional duties as president to help oversee the company’s operational business lines and functions that are vital to supporting clients’ missions.

Parsons (NYSE: PSN) has received a potential $590M contract from the General Services Administration to provide cyber capabilities for the Department of Defense, functional and geographic combatant commands and federal civilian agencies, Fifth Domain reported Wednesday.

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 …