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.

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.

10-15-2024

WashingtonExec | WATCH: Relationship, Workforce Development In Contracts & Acquisition With Alice Trevino, Jai Spivey

WashingtonExec’s Amanda Ziadeh sits down with Jai Spivey, senior vice president of federal contracts at Parsons Corp., and Maj. Gen. Alice Trevino, deputy assistant secretary for contracting in the Air Force’s Office of Acquisition, Technology and Logistics. They discuss the importance of building relationships and developing the workforce in contracts and acquisition.

10-14-2024

Defense World | Creative Planning Has $604,000 Stock Holdings In Parsons Co. (NYSE:PSN)

Creative Planning boosted its stake in Parsons Co. (NYSE:PSN – Free Report) by 42.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,381 shares of the company’s stock after purchasing an additional 2,198 shares during the period. Creative Planning’s holdings in Parsons were worth $604,000 at the end of the most recent reporting period.

10-14-2024

Nasdaq | Parsons Reaches Analyst Target Price

In recent trading, shares of Parsons Corp (Symbol: PSN) have crossed above the average analyst 12-month target price of $106.00, changing hands for $107.05/share.

10-07-2024

Biometric Update | Parsons Gets $1.9M US Army Technical Direction Letter For Next-Gen Biometrics

The US Army granted a technical direction letter worth $1.9 million to Centreville, Virginia-based Parsons Corporation for the acquisition of biometric mobile and static collection devices, including software, in support of the US Army’s Next Generation Biometrics Collection Capability (NXGBCC).

10-03-2024

GovCon Wire | James Johnson Named SVP For Systems Engineering & Analysis At Parsons

James Johnson, former CACI International (NYSE: CACI) executive, has joined Parsons as senior vice president for systems engineering and analysis, according to his LinkedIn announcement Tuesday.

10-03-2024

AFCEA International | Parsons Corporation Secures Nearly $2M Technical Direction Letter

The Parsons Corporation was funded by the U.S. Army to obtain biometric collection devices that will gather biological data like fingerprints. This image was generated via Google Gemini, an artificial intelligence platform.

10-03-2024

EIN Presswire | Design Firm Selected For America’s River Crossing

The Tennessee Department of Transportation (TDOT) has officially selected Parsons Transportation Group, Inc. to provide Engineering and Design Services for the I-55 bridge replacement project, also known as America’s River Crossing. The I-55 bridge spans the Mississippi River and was originally opened to traffic in 1949.

10-02-2024

Amazon Web Services | How To Optimize Costs For Microsoft Workloads On AWS

Parsons Corporation used tools like Migration Evaluator and the AWS Optimization and Licensing Assessment (OLA) to migrate to AWS. These provided visibility into their current on-premises environment and identified opportunities to optimize licensing, reduce downtime, and cut compute costs by right-sizing workloads in the cloud.

10-02-2024

Yahoo Finance | Parsons Corporation (PSN) CEO Carey Smith Highlights AI Integration In Drone Defense, Cybersecurity, And Supply Chain Solutions

We recently compiled a list of the AI News Investors Probably Missed. In this article, we are going to take a look at where Parsons Corporation (NYSE:PSN) stands against the other AI stocks.

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