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.

12-04-2024

Space Daily | Parsons and Globalstar Demonstrate First Software-Defined LEO Satellite Solution

Parsons Corporation (NYSE: PSN) and Globalstar (NYSE American: GSAT) have joined forces to deliver advanced satellite communication solutions tailored for public, government, and defense sectors. The collaboration also marked a milestone with the successful demonstration of Parsons’ innovative software-defined satellite communication solution integrated with Globalstar’s Low Earth Orbit (LEO) satellite constellation.

12-03-2024

Seeking Alpha | Parsons And Globalstar Announce Exclusive Partnership

Parsons Corporation (NYSE:PSN) and Globalstar (NYSE:GSAT) announce exclusive partnership to support the public, government, and defense sectors.

11-27-2024

Via Satellite | NOAA Awards Slingshot Aerospace Small Contract for Space Traffic User Interface

In March, the agency awarded Parsons Corp. a $15.5 million contract for systems integration and cloud management services. Parsons will develop the software backbone for the operational TraCSS platform, including the space situational awareness data repository and the application layer.

11-27-2024

GovEx Space Project | NOAA Awards Key Contract For Space Situational Awareness System

Slingshot will work closely with systems integrator Parsons Corporation, which will develop the software backbone and integrate commercial components for TraCSS. NOAA’s Office of Space Command took over space traffic coordination responsibilities from the Defense Department in 2018 after the signing of Space Policy Directive-3.

11-20-2024

EIN Presswire | University of Arizona’s DBIA National Design-Build Student Competition Win Highlights Women’s Growing Role in AEC

University of Colorado Boulder and NewSchool of Architecture and Design Earn Runner-Up Honors in Competition Supported by Parsons and HCSS

11-08-2024

Engineering News-Record | Parsons Corp. Rolls With Lucrative Third Quarter And BCC Engineering Buy

Parsons Corp. had significantly higher profit and revenue for the third quarter of 2024, the company reported Oct. 30, concluding its most successful quarter since its 2019 initial public offering.

11-06-2024

WashingtonExec | 2024 GovCon Awards Winners Announced

The winners of the Greater Washington Government Contractor Awards were unveiled Nov. 6 at the 22nd Annual Awards Show at the Ritz-Carlton Tysons Corner in Virginia.

10-31-2024

Washington Technology | How Parsons’ Push For Synergies Also Includes Tech

During Parsons’ third quarter earnings call with investors Wednesday, chief executive Carey Smith highlighted its digital twin offerings as having application to both of its business segments.

10-25-2024

ClearanceJobs | L3Harris And Palantir Join Forces To Drive AI-Powered Military Technology And Raytheon Secures $676M Army Contract

Parsons Corporation is making a big move to boost its infrastructure capabilities in the Southeast U.S. with the acquisition of BCC Engineering, a top transportation engineering firm based in Florida. The all-cash deal, valued at $230 million, marks a strategic step for Parsons as it strengthens its position in one of the fastest-growing infrastructure markets, especially with the influx of federal dollars from the Infrastructure Investment and Jobs Act (IIJA).

10-22-2024

GovCon Wire | Parsons Strikes $230M All-Cash Deal For BCC Engineering

Parsons has agreed to acquire Miami-based BCC Engineering for approximately $230 million in cash as part of a push to enhance its infrastructure capabilities and expand its presence in the Southeastern U.S.

10-22-2024

WashingtonExec | Parsons To Buy BCC Engineering In $230M Deal

Parsons Corp. will acquire BCC Engineering, a Florida-based transportation engineering firm, for $230 million in cash. BCC, owned by Trivest Partners, offers planning, design and management services for projects in Florida, Georgia, Texas, South Carolina and Puerto Rico.

10-21-2024

Washington Technology | Parsons Acquires Transportation Engineering Company For $230M

Parsons Corp. has agreed to acquire a transportation engineering services provider through an all-cash transaction valued at $230 million as part of a push to expand both overall infrastructure offerings and its presence across the Southeastern U.S.