PSN Parsons

Parsons and TAPS Continue Partnership in Support of Military Families

Parsons and TAPS Continue Partnership in Support of Military Families

The 15th Annual TAPS Golf Outing Occurred on Sept. 8, 2022

CENTREVILLE, Va., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) and the Tragedy Assistance Program for Survivors (TAPS) once again partnered to host the 15th Annual TAPS Golf Outing to increase advocacy and support for the families of our nation's fallen heroes. The outing occurred at the Mountain Branch Golf Course, in Joppa, Md., on Thursday, September 8, at 9:00 a.m.

Parsons has been the lead sponsor of the outing since 2007 and has helped TAPS raise more than $1 million to support the families of fallen military servicemembers. TAPS is the national organization providing compassionate care for the families of America’s fallen military heroes. Services are provided free of charge, and the organization has supported more than 100,000 surviving family members of fallen military members and their caregivers since 1994.

“For nearly three decades, TAPS has been on the front lines as a lifeline in the darkest moments for all those grieving the death of a military loved one whose life included selfless service to our Nation. Recent years have witnessed an increased demand for services offered by TAPS," said TAPS Founder and President, Bonnie Carroll. "With the support of organizations like Parsons, who immediately recognize the growing need, we can meet the demand, foster expansion of current services, and develop new programs to address the varied and changing demographics of our survivor community. We are proud to partner with Parsons and thank them for their steadfast commitment to the veteran and military family community."

Parsons has actively supported the military community for decades, including establishing a Military and Veteran Affairs (MILVET) team to foster an environment that attracts veterans, cultivates their careers and success, recreates esprit de corps, and builds high-performing teams to benefit the delivery of customer missions. The MILVET program aligns with the company’s people first strategy and reinforces the company’s industry-leading position in championing veterans’ advocacy and support initiatives. Through activities like the MILVET program, the TAPS Golf Outing, and partnering with Modern Military Association of America (MMAA), Parsons’ culture and values prioritize supporting military veterans. Parsons also has funded a MMAA Military Spouse scholarship that honors the life and legacy of one of Parsons’ former employees — Army National Guard Staff Sergeant Donna Johnson who was killed in action.

“We take tremendous pride in supporting our veteran community and ensuring that they have the opportunities, support, and resources to be successful in-and-out of uniform,” said Carey Smith, Parsons’ Chair, President, and CEO. “Our continued partnership with TAPS, and the opportunity to give back to veterans and their families who have sacrificed everything for our country, is one small way that we can honor our longstanding relationship with the military community and our efforts to serve those who have served our nation.”

Approximately 20% of Parsons’ U.S. workforce are military, reservist, or guard veterans. The company offers numerous support programs to help ensure a successful personal and professional transition from military to civilian life. Retention among the Parsons veteran community is over 90%.

The company has been honored with multiple awards recognizing their dedication as a top military and veteran supporter and employer, including: 2021 Above and Beyond Award from the Virginia Committee of Department of Defense Employer Support of the Guard and Reserve (ESGR), #17 on the Military Times: Best for Vets 2021, and GI Jobs: Military Friendly Employers 2022 Gold Ranking.

For more information on the history of this event, please visit

To learn more about Parsons’ ESG initiatives, please visit

About TAPS

The Tragedy Assistance Program for Survivors (TAPS) is the national organization providing compassionate care for the families of America’s fallen military heroes. TAPS provides peer-based emotional support, grief and trauma resources, grief seminars for adults, Good Grief Camps for children, case work assistance, connections to community-based care, and a 24/7 resource and information helpline for all who have been affected by a military death. Services are provided free of charge. TAPS has offered support to more than 100,000 surviving family members of our fallen military and the caregivers assisting them since 1994. TAPS.org

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, C5ISR, transportation, environmental remediation, and water/wastewater treatment. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we’re making an impact.

Media Contact:

Bryce McDevitt

+1.703.851.4425

Investor Relations Contact:

Dave Spille

+ 1.571.655.8264



EN
12/09/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Parsons

 PRESS RELEASE

Parsons Awarded C5ISR Radar Contract by Army DEVCOM

Parsons Awarded C5ISR Radar Contract by Army DEVCOM CHANTILLY, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $30 million recompete contract by U.S. Army DEVCOM’s (Combat Capabilities Development Command) C5ISR Center. The contract, which Parsons has held for three years, includes a 12-month base performance period and four 12-month option periods to deliver critical radar development engineering efforts necessary for C5ISR Radar to meet its mission needs. “This mission-critical program enables the U.S. Army to anticipate and prepare for threats...

 PRESS RELEASE

Parsons Reports Strong Second Quarter 2025 Results

Parsons Reports Strong Second Quarter 2025 Results Q2 2025 Financial Highlights Q2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basisRevenue growth of 13% excluding confidential contract; 8% on an organic basisQ2 net income of $55 million decreased $14 million year-over-year, includes $2 million of M&A transaction-related expenses associated with the CTI acquisitionQ2 adjusted EBITDA decreased 1% to $149 million; adjusted EBITDA margin of 9.4% increased 40 basis pointsBook-to-bill ratio of 1.0x and continued streak of TTM book-to-bill ratio of 1.0x or greate...

 PRESS RELEASE

Parsons-Versar Joint Venture Awarded $75 Million U.S. Army Corps of En...

Parsons-Versar Joint Venture Awarded $75 Million U.S. Army Corps of Engineers Construction Management Contract CHANTILLY, Va., July 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company’s joint venture (JV) with Versar was awarded a $75 million single award delivery order contract by the United States Army Corps of Engineers (USACE) Middle East District for construction phase support services (CPSS). The contract includes a three-year base period of performance and a two-year option period. Parsons serves as the JV managing partner. Under this cont...

 PRESS RELEASE

Parsons Corporation Launches BlueFly™

Parsons Corporation Launches BlueFly™ A Game-Changing Search and Rescue Tool Revolutionizing Emergency Response Operations CHANTILLY, Va., July 21, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), a leader in technology-driven solutions, is proud to announce the development of BlueFly™, an innovative search and rescue sensor that enhances the capabilities of emergency response teams. Designed with state-of-the-art technology and affordability in mind, BlueFly™ aims to revolutionize how agencies conduct search and rescue missions in challenging and remote environments. Devel...

 PRESS RELEASE

Parsons Wins ACEC New York Diamond Award for Brooklyn Bridge Rehabilit...

Parsons Wins ACEC New York Diamond Award for Brooklyn Bridge Rehabilitation Project CHANTILLY, Va., July 17, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its leadership as prime design consultant on the Brooklyn Bridge Rehabilitation Project has been honored with the prestigious Diamond Award in the Structural Systems category from the American Council of Engineering Companies (ACEC) of New York (NY). This award represents the highest recognition given by ACEC NY and celebrates projects that demonstrate innovation, technical excellence, and benefit to...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch