Parsons Corp - Company Profile
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Parsons Corp (Parsons) is a provider of technology-driven solutions for the national security and global infrastructure markets. The company offers systems integration, program management, design engineering, and product development. Parsons provides engineering and software services for cybersecurity, intelligence, physical infrastructure, defense, military services, and mobility solutions. Its federal solutions include program and construction management, engineering and planning, industrial base modernization, energy, complex infrastructure and integrated delivery, and advisory services. Parsons also provides engineering, program management, project management systems engineering, and software solutions for critical infrastructure such as bridges and tunnels, roads and highways, airports, rail, and transit systems. The company has a presence across North America, Europe, Asia, and the Middle East. Parsons is headquartered in Centreville, Virginia, the US.
Headquarters
United States of America
Address
Suite 100, 14291 Park Meadow Drive, Chantilly, Virginia, 20151
Website
www.parsons.com
Telephone
1 703 9888500
No of Employees
21,000
Industry
Technology and Communications
Ticker Symbol & Exchange
PSN (NYSE)
Revenue (2024)
$6.4B
-5.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
2.6%
(2024 vs 2023)
Market Cap*
$5.0B
Net Profit Margin (2024)
XYZ
8.9%
(2024 vs 2023)
* As of and is in US$
Parsons Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Command and Control | Cybersecurity |
| Intelligence, Surveillance, and Reconnaissance | System Integration |
| Smart Infrastructure | Construction Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In August, the company was selected by the Metropolitan Knoxville Airport Authority to offer program and construction management (PM/CM) services for the McGhee Tyson Airport (TYS) Terminal Area Development Plan in Knoxville, Tennessee, the US. |
| 2026 | Contracts/Agreements | In August, the company secured a US$70 million ceiling task order under the U.S. Air Force’s Air Base Air Defense contract to offer integration, testing, deployment, maintenance, and operational transition support for operational capabilities. |
| 2026 | Contracts/Agreements | In August, the company secured the first task order under the Defense Threat Reduction Agency’s (DTRA) Cooperative Threat Reduction Integration Contract (CTRIC) IV to help DTRA’s Global Threat Reduction directorate by designing and delivering chemical security training across Southeast Asia. |
Competitor Comparison
| Key Parameters | Parsons Corp | Leidos Holdings Inc | AECOM | Jacobs Solutions Inc | Booz Allen Hamilton Holding Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Chantilly | Reston | Dallas | Dallas | Fairfax County |
| State/Province | Virginia | Virginia | Texas | Texas | Virginia |
| No. of Employees | 21,000 | 47,000 | 51,000 | 43,000 | 35,800 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Carey A. Smith | Chairwomen; Chief Executive Officer; President | Executive Board | 2022 | 62 |
| Matthew Ofilos | Chief Financial Officer | Senior Management | 2022 | 46 |
| Ricardo Lorenzo | Chief Technology Officer | Senior Management | - | - |
| John Martinez | Chief Legal Officer | Senior Management | 2026 | - |
| Wendy Van Wickle | Chief Business Operations Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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