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 provides engineering and software services for cybersecurity, intelligence, defense, military services, physical infrastructure, and mobility solutions. Its federal solutions include program and construction management, engineering and planning, complex infrastructure and integrated delivery, industrial base modernization, energy 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. Parsons offers its products under Ace CtrlPoint, DetectWise, ICS, Intellsight, Optimyz, OrbitXchange, PacketWolf, Paradigm, PaARL, Qp3, SatFlyer and SimHub brand names. The company has a business 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
18,500
Industry
Technology and Communications
Ticker Symbol & Exchange
PSN (NYSE)
Revenue (2022)
$5.4B
29.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
66.7%
(2022 vs 2021)
Market Cap*
$8.5B
Net Profit Margin (2022)
XYZ
28.7%
(2022 vs 2021)
* As of and is in US$
Parsons Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Command and Control | Cyber Security | Ace CtrlPoint |
| Data Processing and Analytics (DPA) | System Integration | DetectWise |
| Intelligence, Surveillance, and Reconnaissance | Construction Management | ICS |
| XYZ | XYZ | XYZ |
| 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 |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company secured a contract from the National Nuclear Security Administration’s Office of Nuclear Smuggling Detection and Deterrence to install upgraded counter-nuclear smuggling systems. |
| 2024 | Contracts/Agreements | In April, the company secured a contract from the US Army Corps of Engineers to provide personnel, supervision, and administrative and logistics support for USACE Southwestern Division Construction Phase Services. |
| 2024 | Others | Parsons launches Freight Intelligent Transportation System at Port of Oakland |
Competitor Comparison
| Key Parameters | Parsons Corp | Jacobs Solutions Inc | Leidos Holdings Inc | AECOM | WSP Global Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | Canada |
| City | Chantilly | Dallas | Reston | Dallas | Montreal |
| State/Province | Virginia | Texas | Virginia | Texas | Quebec |
| No. of Employees | 18,500 | 60,000 | 47,000 | 52,000 | 66,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Carey Smith | President; Chairwomen; Chief Executive Officer | Executive Board | 2022 | 60 |
| Matthew Ofilos | Chief Financial Officer | Senior Management | 2022 | 44 |
| Ricardo Lorenzo | Chief Technology Officer | Senior Management | - | - |
| Michael R. Kolloway | Chief Legal Officer; Senior Vice President | Senior Management | 2019 | 63 |
| Jason Yaley | Chief Communications Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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