08-03-2020

Parsons Subsidiary Receives James S. Cogswell Industrial Security Achievement Award

CENTREVILLE, VA (Aug. 3, 2020) – Parsons Corporation (NYSE: PSN) announces the award of the James S. Cogswell Industrial Security Achievement Award by the Defense Counterintelligence and Security Agency (DCSA) to their subsidiary Polaris Alpha Advanced Systems, Inc., a Parsons company acquired in 2018. Polaris Alpha Advanced Systems is based in Fredericksburg, Va., and specializes in prototype development and sensor and imagery analysis.

“Our selection for this prestigious award reflects our total commitment to the protection of classified information to ensure the greatest protection for the U.S. warfighter,” said Carey Smith, president and chief operating officer of Parsons. “I am proud of our employees who fully embrace security measures to better safeguard our nation. This recognition elevates our company to an elite tier of national industrial security contractors.”

The Cogswell Award, established in 1966 in honor of the late Air Force Col. James S. Cogswell, the first chief of industrial security within the DoD, recognizes outstanding participation and compliance with the National Industrial Security Program. Sixty-one winners were chosen from 12,500 cleared facilities. The rigorous selection criteria include establishing and maintaining a security program that far exceeds the basic National Industrial Security Program requirements; providing leadership in establishing best practices; and maintaining the highest standards for security.

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com, and follow us on LinkedIn and Facebook to learn how we’re making an impact.

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