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Parsons Wins $185 Million Space Situational Awareness Task Order Contract

Parsons Wins $185 Million Space Situational Awareness Task Order Contract CENTREVILLE, Va., May 17, 2021 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) has been awarded a task order contract by the Space and Missile Systems Center Special Programs Directorate (SMC/SPG) for Integrated Solutions for Situational Awareness (ISSA) support, potentially worth up to $185 million. The cost-plus-fixed-fee (CPFF) contract has a one-year base period with four one-year options. It will provide SMC/SPG...
Dave Spille Bryce Mcdevitt Exchange Commission Missile Systems Center Special Programs Directorate Parsons Corporation Securities Exchange

Parsons Reports First Quarter 2021 Results

Parsons Reports First Quarter 2021 Results Q1 2021 Financial Highlights - Net income of $9 million and margin of 1.0% - Adjusted EBITDA of $69 million and margin of 7.9% - Book-to-bill ratio of 1.2x, driven by Critical Infrastructure book-to-bill ratio of 1.4x - Total backlog increased 4.7% from the first quarter of 2020 Strategic Highlights - Strong Q1 2021 with six contract wins over $100 million; great start to Q2 2021 with approximately $1 billion in contract wins in the quarter - Strong Br...
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Parsons Announces CEO Transition

Parsons Announces CEO Transition News provided by Share this article Share this article CENTREVILLE, Va., April 20, 2021 /PRNewswire/ -- The board of directors of Parsons Corporation (NYSE: PSN) has elected Carey Smith as chief executive officer, effective July 1st, 2021. Smith succeeds Charles "Chuck" Harrington, who announced his retirement after nearly 40 years with the company. Harrington will continue to serve on the Parsons Board of Directors as executive chairman upon his retirement. Ca...
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Parsons to Announce First Quarter 2021 Financial Results on May 5, 2021

Parsons to Announce First Quarter 2021 Financial Results on May 5, 2021 News provided by Share this article Share this article CENTREVILLE, Va., April 8, 2021 /PRNewswire/ -- Parsons Corporation (NYSE:PSN) will release first quarter 2021 financial results before the markets open on Wednesday, May 5, 2021. 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...
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Parsons' GreenFish™ Unlocks the All-Domain Battlespace

Share this article Share this article CENTREVILLE, Va., April 6, 2021 /PRNewswire/ -- QRC® Technologies, a Parsons Corporation (NYSE: PSN) subsidiary, is proud to launch the latest solution to unlock the digital battlespace for the U.S. Department of Defense and global allies. GreenFish™ is a small form factor spectrum awareness offering that exposes hidden insights from radio frequency (RF) spectrum observations through artificial intelligence (AI), machine learning, and digital signal pro...
Mark Coleman Dave Spille Bryce Mcdevitt Exchange Commission Us Department Of Defense Parsons Corporation

Parsons Unleashing Artificial Intelligence to Enhance Decision Making, Solve Problems

Parsons Unleashing Artificial Intelligence to Enhance Decision Making, Solve Problems News provided by Share this article Share this article CENTREVILLE, Va., March 9, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) is developing and deploying artificial intelligence (AI) across a wide array of federal solutions and critical infrastructure projects to solve our customers most challenging problems, produce actionable intelligence, and improve the user experience. Data analytics, AI, and ed...
Ricardo Lorenzo Dave Spille Bryce Mcdevitt Parsons Corporation Polaris Alpha Braxton Technologies

Parsons 2021 Investor Day to Highlight Growth Strategy and Innovative Solutions

Parsons 2021 Investor Day to Highlight Growth Strategy and Innovative Solutions News provided by Share this article Share this article CENTREVILLE, Va., March 4, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN), a global leader in defense, intelligence, and critical infrastructure technology and solutions, announced today that it will be hosting a virtual Investor Day on Thursday, March 11, 2021. Parsons executives will present on the companys vision, strategy, key business initiatives, an...
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