reports
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...
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...
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...
Parsons Celebrates Infrastructure Excellence in Missouri with Award on...
Parsons Celebrates Infrastructure Excellence in Missouri with Award on I-270 Project CHANTILLY, Va., July 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its role as lead designer for the I-270 North Design-Build Project has been honored with the prestigious Engineering Excellence Award by the American Council of Engineering Companies (ACEC) of Missouri. In addition to this top state honor, the project also received national recognition through the 2025 ACEC Engineering Excellence Awards, underscoring its significance as one of the country's most inn...
Dubai’s RTA Selects Parsons As Project Management Consultant For Dubai...
Dubai’s RTA Selects Parsons As Project Management Consultant For Dubai Metro Blue Line Project CHANTILLY, Va., July 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been appointed as the Project Management Consultant on the Dubai Metro Blue Line project by the government of Dubai’s Roads and Transport Authority (RTA). The contract represents new work for Parsons and spans five years. Under the contract, Parsons will provide comprehensive project management services including design review, procurement support, construction supervis...
Parsons to Announce Second Quarter 2025 Financial Results on August 6,...
Parsons to Announce Second Quarter 2025 Financial Results on August 6, 2025 CHANTILLY, Va., July 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release second quarter 2025 financial results before the markets open on Wednesday, August 6, 2025. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives. Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (). Those parties interested in participating via telephone...
Parsons Acquires Chesapeake Technologies International
Parsons Acquires Chesapeake Technologies International Acquisition bolsters Parsons’ electromagnetic warfare and all-domain solutions for the U.S. defense market CHANTILLY, Va., July 01, 2025 (GLOBE NEWSWIRE) -- 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. Founded in 2000, CTI strengthens Parsons’ defense customer posture with the Special Operations forces and enhances Parsons’ position in the Indo-Pacific...
Parsons Corporation is Ready Now to Build America’s Brand New, State O...
Parsons Corporation is Ready Now to Build America’s Brand New, State Of-The-Art Air Traffic Control System Parsons and IBM join forces to design solutions for a national airspace system with enhanced safety and efficiency CHANTILLY, Va., June 24, 2025 (GLOBE NEWSWIRE) -- Today, Parsons Corporation (NYSE: PSN) and IBM (NYSE: IBM) announced a collaboration to deliver on President Donald Trump’s and Transportation Secretary Sean Duffy’s vision for a brand new, state of-the-art air traffic control system. This collaboration directly responds to Secretary Duffy's call for world-class innovat...
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...
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...
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...
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...
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...
Parsons Receives 2025 Engineering Excellence Honor Award for Deer Cree...
Parsons Receives 2025 Engineering Excellence Honor Award for Deer Creek Sanitary Tunnel and Pump Station Project CHANTILLY, Va., June 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that the American Council of Engineering Companies (ACEC) at the national Engineering Excellence Awards (EEA) has awarded the Deer Creek Sanitary Tunnel and Pump Station project a 2025 Honor Award in the Water and Wastewater category. This prestigious recognition highlights Parsons' commitment to delivering transformative engineering solutions that address contemporary challen...
Parsons Selected for the Austin-Bergstrom International Airport Progra...
Parsons Selected for the Austin-Bergstrom International Airport Program Management Contract CHANTILLY, Va., June 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was one of seven lead consultants selected by the City of Austin to provide program management services in support of the Rolling Capital Improvement Program and the once-in-a-generation Journey With AUS, the expansion and development program for the Austin-Bergstrom International Airport (AUS). Under the contract, consultants will provide comprehensive program management support serv...
Parsons to Present at Baird’s 2025 Global Consumer, Technology & Servi...
Parsons to Present at Baird’s 2025 Global Consumer, Technology & Services Conference CHANTILLY, Va., May 30, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at Baird’s 2025 Global Consumer, Technology & Services Conference on Wednesday, June 4, 2025, at approximately 2:35 p.m. Eastern Time. This presentation will be available live via webcast on the investor relations section of Parsons’ website (). A replay of the webcast also will be available on the website for 30 days. About Parsons Corporation Parson...
Parsons Celebrates Engineering Excellence Award and Ribbon Cutting for...
Parsons Celebrates Engineering Excellence Award and Ribbon Cutting for I-80/Gilman Street Interchange Project CHANTILLY, Va., May 29, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) proudly announced the official completion of the I-80/Gilman Street Interchange Improvement Project in Berkeley, California, celebrated during a ribbon-cutting ceremony held on April 28. Hosted by the Alameda County Transportation Commission and the California Department of Transportation, the event marked a significant milestone in delivering long-awaited mobility improvements to the East Bay. The a...
Parsons to Present at the William Blair 45th Annual Growth Stock Confe...
Parsons to Present at the William Blair 45th Annual Growth Stock Conference CHANTILLY, Va., May 28, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3, 2025, at approximately 11:20 a.m. Central Time. This presentation will be available live via webcast on the investor relations section of Parsons’ website (). A replay of the webcast also will be available on the website for 30 days. About Parsons Corporation Parsons (NYSE: PSN) is a ...
Parsons’ Portfolio, Experience, and Strength as a Global Infrastructur...
Parsons’ Portfolio, Experience, and Strength as a Global Infrastructure Leader Shines as U.S. President Visits Middle East Visits to Parsons’ three major countries in the Middle East and leadership engagements with the President and the Delegation highlight the company’s regional strengths and alignment with Administration priorities CHANTILLY, Va., May 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) and its extensive Middle East portfolio were on full display during President Trump’s visit to the region this week. The President's itinerary included visits to Saudi Arabia, ...
Parsons Selected As Delivery Partner For King Salman International Air...
Parsons Selected As Delivery Partner For King Salman International Airport CHANTILLY, Va., May 13, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today, on the sidelines of the Saudi-US Investment Forum in Riyadh, that the company has been awarded two Delivery Partner (DP) contracts by the King Salman International Airport Development Company (KSIADC) which is owned by the Public Investment Fund. These significant contracts represent new work for the company and span the initial four years of the airport's multi-year development. The first contract is for airfie...
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