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.

07-02-2025

GovCon Wire | Parsons Buys Bluestone-Backed CTI For $89M

Parsons has acquired Chesapeake Technology International, a Bluestone Investment Partners portfolio company, for approximately $89 million as part of a push to expand its electromagnetic warfare and all-domain offerings for the U.S. defense market.

07-01-2025

Defense Daily | Parsons Acquires Defense Technology Company CTI For $89 Million

Parsons Corp. [PSN] on Tuesday said it has acquired Chesapeake Technology International (CTI) in an $89 million deal that strengthens its position with U.S. Special Operations Forces and in the U.S. Indo-Pacific Command operating area.

07-01-2025

Washington Business Journal | Parsons Acquires CTI In Deal Valued At $89M, Boosting Defense And Intelligence Capabilities

Parsons Corporation (NYSE:PSN) announced today that it has acquired Maryland-based Chesapeake Technologies International, Corp (CTI), a portfolio company of Bluestone Investment Partners, in a transaction valued at $89 million.

06-30-2025

ENR | Parsons Ranked #1 Top Program Management Firm by ENR

Engineering News-Record ranked Parsons #1 in their annual list of Top 50 Program Management Firms. This win is a testament to the incredible talent, drive, and innovation of our teams around the world delivering complex, high-impact projects.

06-27-2025

Medium | Demystifying NERC CIP Compliance Software: A Practical Guide For Critical Infrastructure Operators

A large publicly owned U.S. utility used SigmaFlow (now part of Parsons Corporation) to shift from manual, reactive compliance to an integrated, proactive system. Before using SigmaFlow, the compliance team spent most of their time locating evidence. Afterward, they were able to focus on evidence quality and audit strategy (Parsons Corporation, 2024).

06-26-2025

The Khaleej Times | The Data-Driven City: Revolutionizing Urban Transport 

The recently established Dubai Intelligent Traffic Systems Center (DITSC), developed collaboratively by Parsons and the Roads and Transport Authority (RTA), leverages technology to improve incident monitoring and traffic flow. It also lays the groundwork for future mobility options, including connected and autonomous vehicles, and can adapt to changing mobility preferences.

06-26-2025

Washington Technology | Parsons, IBM Form Air Traffic Control Modernization Pursuit Team

Parsons Corp. and IBM have formed a partnership to pursue business opportunities stemming from the Federal Aviation Administration’s push to overhaul and modernize the U.S. air traffic control system.

06-25-2025

Yahoo! Finance | International Business Machines (NYSE:IBM) Partners With Parsons For Air Traffic Control Overhaul

International Business Machines recently announced a partnership with Parsons Corporation to advance air traffic control systems, which aligns with broader aviation modernization initiatives. This collaboration marks a noteworthy advance in IBM’s innovation and federal government involvement.

06-24-2025

WAER 88.3 | Pollinator Garden Is Part Of Larger Effort To Restore Onondaga Lake Wetlands And Habitat

The recent addition of a small pollinator garden near Onondaga Lake’s southwest shore is part of the much larger, years-long effort to restore the habitat and wetlands of the once heavily polluted area. All native plants have replaced invasive species. Jim Molloy is a senior scientist with Parsons, an international infrastructure firm that’s restoring and maintaining the 100 acres of wetlands around the lake. “This was planted only eight or nine years ago,” Molloy said. “And you can see that the trees here are already 30 to 40 feet tall. By creating a diversity of habitat types, planting that with a diversity of native species, we’re encouraging the wildlife to come.”

06-12-2025

Pro Landscaper | SLA Unveils Largest Urban Greening Project In UAE

The 104 neighbourhood parks project is in collaboration with the Department of Municipalities and Transport and Parsons Corporation.

06-11-2025

Washington Technology | Parsons’ Agenda For 2025 After Zeroing Out State Department Contract

In talking with a Wall Street audience, chief executive Carey Smith explains why Parsons is not counting on anything from that program. Then the conversation turns to air traffic control modernization for the FAA and missile defense work, including potentially Golden Dome.

06-11-2025

Executive Biz | Parsons Books New $94M Air Base Air Defense Task Order

Parsons will enhance the command-and-control and early warning capabilities of U.S. Air Force bases in Europe and Africa under a new $94.5 million task order. The task award provides a one-year base period and two one-year options, the company said Tuesday. The task order was issued under the Air Base Air Defense, or ABAD, indefinite-delivery/indefinite-quantity contract, which Parsons secured in July 2021 to build, operate and maintain a layered base security system for U.S. Air Forces in Europe-Air Forces Africa.

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