Amidst emerging threats on Earth and space, the federal government relies on cutting-edge space defense technology and solutions to fortify and expand land, air, sea, cyber, and aerospace domains.

Companies that develop and provide products and services are leading the charge, bolstering security, mitigating threats, and establishing efficient intelligence networks. The key companies were vital in executing various space missions and defense initiatives.

NOTE: The following list of aerospace companies is ranked in no particular order. The selection criteria are based on various factors, including market capitalization, revenue, and overall industry impact. While they are highly regarded in the industry, many other companies also offer exceptional products and services.

Parsons Corporation

  • Revenue: $4.2 billion (FY 2022)
  • Founded/established: 1944
  • Headquarters: Centreville, Virginia

Parsons Corporation offers various electronic and technology-focused defense, security, intelligence, and infrastructure engineering solutions. Established in 1944, Parsons has earned a reputation as a reliable developer and provider of solutions capable of tackling complex challenges on Earth and in space.

Within space technology, Parsons offers an extensive product line encompassing software solutions, navigation systems, spacecraft deployment systems, and enemy missile deterrence. Through continuous innovation, it pushes the boundaries of its cutting-edge solutions to establish safer and more secure space defense fields, contributing to advancing space-related endeavors.

Top Parsons Corporation Contract

On May 17, 2021, Parsons secured a cost-plus-fixed-fee contract from the Space and Missiles Center to support the Integrated Solutions for Situational Awareness (ISSA) program.

Parsons was awarded $185 million in contract funds and is tasked to perform highly specialized solutions in IT engineering, software development, scientific analysis, data analytics, and space domain expertise to maintain, sustain, and enhance the ISSA system. Parsons Corporation is expected to complete this contract’s tasks by 2026.

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