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.

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

11-18-2024

Buisness Wire | Tutor Perini – O&G Joint Venture Awarded $1.18 Billion AirTrain Newark Replacement Program – Guideway And Stations Project

Tutor Perini is the managing partner in the joint venture with O&G serving as a 25% partner. Parsons Corporation (NYSE: PSN) will serve as the joint venture’s lead design subcontractor for the project.

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.

10-21-2024

Nasdaq | Parsons To Buy BCC Engineering For $230 Mln In Cash

(RTTNews) – Parsons Corp. (PSN), a technology company focused on defense industry, announced on Monday that it has inked a deal to acquire BCC Engineering, LLC, a transportation engineering firm, for $230 million in cash. The transaction is expected to be closed in the next 30 days.

10-21-2024

SaudiGulf Projects | Saudi Arabia: Parsons, OBMI Signs Contracts With ARDARA

Parsons will oversee the rehabilitation and development of AlWadi into a year-round waterfront, including by creating lakes and waterfalls, developing sustainable infrastructure, designing rainwater and flood drainage networks, landscaping natural sites, designing roads and transportation, communications networks and smart city solutions, and beautifying public areas.

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