PSN Parsons

Parsons Named #1 Program Management Firm by Engineering News-Record

Parsons Named #1 Program Management Firm by Engineering News-Record

Recognition is underpinned by Parsons’ focus on innovation, collaboration, program delivery, and accountability to its clients

CHANTILLY, Va., June 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was ranked #1 on Engineering News-Record's (ENR) annual list of Top 50 Program Management Firms. This ranking, which is two spaces ahead of the company’s spot from the 2024 list, demonstrates the company’s global leadership and top performance in complex program management and program delivery for the world’s toughest projects.

“Parsons is the world’s leading solutions delivery partner,” said Carey Smith, chair, president, and CEO for Parsons. “Customers around the world trust Parsons’ to deliver results on their most complex and challenging programs, leveraging our depth of experience in program management, systems engineering, and integration to successfully deliver optimal performance on-cost and on-schedule.”

“This ranking as the top program management firm in the world, along with continual high rankings in construction management, exemplify our company’s commitment to program excellence, accountability, and delivery success that make impossible projects possible. When faced with a project, our employees focus on innovation, collaboration, and results.”

Parsons is actively overseeing transportation, defense, aviation, urban development, and federal facility infrastructure programs with a total constructed value of over $1 trillion. The company’s notable program management and construction management projects span markets and continents, including:

  • Delta Conveyance Project – Our water experts have helped save 18 months on the master program schedule through innovative sequencing and alternative project delivery strategies; while efficient use of funds helped the client stretch their operational budget.
  • FAA Technical Support Service Contract (TSSC) - Parsons provided safe and on-time delivery of projects at more than 500 airports around the United States.
  • National Nuclear Security Administration PM/CM - Our team reduced the analysis of alternatives process from more than a year to three months through dedicated resources and development of a streamlined approach.
  • King Abdullah Financial District (KAFD) – Parsons provided PM/CM services for KAFD Area 2 in Riyadh. Tasked with managing numerous development-wide activities, our team has successfully restored and handed over 96 percent of the structures to date.

In addition to the top program management ranking, Parsons was ranked number two on the Top 100 Professional Services Firms list; number two on the Top 100 Construction Management/PM-for-Fee Firms list; number three on the Top 50 Construction Management Firms list; and number six on the Top 20 Firms in Combined Design and CM-PM Professional Services Revenue list.

Parsons provides a full spectrum of program and construction management solutions across numerous industries, including aviation, rail and transit, and water and wastewater. Whether delivering planning and design, construction and operations, owner’s engineer, or integrated PMO services, the company works closely with all project stakeholders to ensure successful project delivery. For more than 80 years, our experts have helped design and deliver the global infrastructure that connects and protects communities around the world.

To learn more about Parsons’ program management expertise, visit .

ENR compiles these annual rankings based on self-reported revenue data. For more information on the lists, visit .

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit and follow us on and to learn how we're making an impact.

Media Contact:                                        

Bernadette Miller

+1 980.253.9781

 

Investor Relations Contact:

Dave Spille

+1 703.775.6191



EN
23/06/2025

Underlying

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

Reports on Parsons

 PRESS RELEASE

Parsons Named #1 Program Management Firm by Engineering News-Record

Parsons Named #1 Program Management Firm by Engineering News-Record Recognition is underpinned by Parsons’ focus on innovation, collaboration, program delivery, and accountability to its clients CHANTILLY, Va., June 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was ranked #1 on Engineering News-Record's (ENR) annual list of Top 50 Program Management Firms. This ranking, which is two spaces ahead of the company’s spot from the 2024 list, demonstrates the company’s global leadership and top performance in complex program management and progr...

 PRESS RELEASE

Parsons Awarded $137M Defense Threat Reduction Agency Task Order For C...

Parsons Awarded $137M Defense Threat Reduction Agency Task Order For Cyber Operations CHANTILLY, Va., June 19, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $137 million ceiling value contract by the Defense Threat Reduction Agency (DTRA) for cyber operations. The single award was issued under the Assessment, Exercise, Modeling and Simulation, and Support (AEMSS) indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) with a one-year base period of performance and four one-year option periods plus...

 PRESS RELEASE

Parsons Grows U.S. Army Organic Industrial Base Modernization Portfoli...

Parsons Grows U.S. Army Organic Industrial Base Modernization Portfolio with $169.5 Million Award CHANTILLY, Va., June 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $169.5 million single award contract by the United States Army Corps of Engineers (USACE) Norfolk District to provide design-build delivery services for a new Ammonium Nitrate Solution (ANSol) Tank Farm at Holston Army Ammunition Plant (HSAAP). The four-year contract is new work for the company. Under this contract, Parsons will provide integrated delivery services...

 PRESS RELEASE

Parsons Celebrates the Completion of 9.1-Mile Light Rail Segment

Parsons Celebrates the Completion of 9.1-Mile Light Rail Segment CHANTILLY, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) celebrated two station dedications on the new Foothill Gold Line light rail segment between Glendora and Pomona in Southern California’s San Gabriel Valley. The 9.1-mile segment achieved substantial completion in January, and the project has been turned over to the Los Angeles County Metropolitan Transportation Authority (Metro) for final testing, training, and preparation for passenger service, which is anticipated to begin later this year. On...

 PRESS RELEASE

Parsons Awarded Air Base Air Defense Early Warning Capability Task Ord...

Parsons Awarded Air Base Air Defense Early Warning Capability Task Order CHANTILLY, Va., June 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $94.5 million ceiling value task order under the Air Base Air Defense (ABAD) indefinite delivery, indefinite quantity contract. The task order represents new work for the company, and includes a 12-month base year performance period and two 12-month option periods to deliver separable lines of effort related to the integration, test, fielding, and sustainment of command-and-control and early warning capabilities throu...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch