• Revenue: $1.17 billion (1st Quarter FY March 2023)
  • Founded: 1944
  • Headquarters: Centreville, Virginia

Parsons Corporation is a leading provider of digitally-enabled solutions tailored to shaping the future of defense, intelligence, and critical infrastructure enterprises. Founded in 1944 by engineer and business visionary Ralph M. Parsons, the corporation leverages over 70 years of expertise to deliver cutting-edge adaptable offerings and solutions at the speed of relevance for multidomain solutions.

Parson’s contribution to national security encompasses transforming the battlefield with a wide range of tangible and intangible solutions and countermeasures. These include engineering and technical services, health and biomedical research, cybersecurity, electronic warfare, satellite platforms, and complex space networks.

What’s next for Parsons Corporation?

April 28, 2023, was pivotal for Parson’s space business segment as it was selected by the U.S. Space System Command (SSC) to deliver Medium Earth Orbit (MEO) missile warning and tracking systems in advance to support the Intelligence Community’s C5ISR missions. 

With contract funds worth $55 million, Parsons was given six years to support SSC’s effort by manufacturing and delivering ground-segment services and testing these capabilities before the launch of the agency’s Missile Track Custody (MTC) Epoch 1 infrastructure. 

Through this missile-tracking system, SSC can perform command and control, mission management, sensor mission data processing, data product dissemination, and ground resource management services and enhance the delivery of data to military decision-makers in real time.

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