In The Press

We’re at the forefront of agility and technology, leading the future of national security and critical infrastructure around the world. Below is the latest news coverage of the company. If you’re interested staying up to date on how our innovative and disruptive approach enables us to deliver solutions at the speed of relevance around the globe, subscribe to our newsletter here.

01-26-2026

Guru Focus | Parsons (PSN) Secures $593M Contract Extension With FAA

Parsons (PSN) has successfully extended its contract with the Federal Aviation Administration (FAA) through a significant $593 million agreement.

01-22-2026

Engineering News-Record | Amtrak’s Penn Station Shortlist Puts Delivery Risk At Center Stage

The three shortlisted teams are Grand Penn Partners; Halmar International; and Penn Forward Now, a development-led consortium that includes Tutor Perini, Parsons and Arup. Of the three, only two have publicly discussed design strategies.

01-19-2026

Gulf Construction | Parsons Opens New Doha Office To Support Regional Growth

Parsons Corporation, a leading disruptive technology provider in the national security and global infrastructure markets, has opened its new regional office in Doha, Qatar, officially inaugurated by Parsons’ Chair, President, and CEO Carey Smith in a ribbon cutting ceremony.

01-16-2026

Virginia Business | Parsons Acquires Altamira For $375M

Chantilly Fortune 1000 defense contractor Parsons announced Thursday that it has acquired McLean-based national security company Altamira Technologies for $375 million.

01-15-2026

Infrastructure Global | Parsons Opens New Doha Office To Support Regional Growth

Parsons Corporation celebrated the opening of its new regional office in Doha, Qatar, this week as it was officially inaugurated by Parsons’ chair, president and CEO Carey Smith in a ribbon cutting ceremony attended by senior representatives from the US embassy Doha, Public Works Authority, Qatari Diar, American Chamber of Commerce Qatar, Parsons’ regional leadership team and employees.

01-15-2026

Eye Of Riyadh | New Murabba Development Company Awards Parsons Design And Construction Management Contract In Saudi Arabia

Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract by the Public Investment Fund (PIF)-owned, New Murabba Development Company,to provide design and construction technical support. This 60-month contract represents new work for Parsons.

01-15-2026

Aviation Week | Parsons Buys Altamira Technologies For $375 Million

Parsons Corporation, a provider of technology solutions to the defense sector, has acquired Altamira Technologies from venture capital (VC) firm ClearSky in a deal valued at up to $375 million that signals its growing interest in military space capabilities.

01-15-2026

Defense Daily | Parsons Acquires Altamira For $375 Million, Strengthening Defense And Intelligence Work

Parsons [PSN] on Thursday said it has acquired Altamira Technologies in a deal valued at up to $375 million, complementing its existing capabilities in data analytics, signals intelligence, cyber, missile warning and space, while expanding its customer base in the intelligence community and Indo-Pacific operations.

01-15-2026

Space News | Parsons Buys Altamira For $375 Million To Expand Space And Intelligence Portfolio

Parsons, a Chantilly, Virginia-based defense and intelligence contractor, said it paid $330 million in cash at closing, with an additional $45 million earn-out payable in the first quarter of 2027 if Altamira meets certain earnings targets in 2026.

01-15-2026

Washington Technology | Parsons Buys Altamira For $330M Cash

Parsons Corp. has acquired Altamira Technologies Corp. at a cash price of $330 million to incorporate more offerings in analytics and the field of ISR – intelligence surveillance and reconnaissance.

01-15-2026

RTT News | Parsons Corporation Buys Altamira For Up To $375 Mln

Carey Smith, CEO of Parsons, said: “Acquiring Altamira is a strategic accelerator for our national security growth strategy, strengthening Parsons’ ability to deliver rapid and agile mission-ready, intelligence-driven solutions across the Department of War and the Intelligence Community.”

01-14-2026

Arabian Business | US Engineering Firm Parsons Wins Lead Infrastructure Role At New Murabba

New Murabba has appointed US-based engineering firm Parsons as Infrastructure Lead Design Consultant for the first phase of its flagship development in Riyadh, according to a statement issued by the developer.

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