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Parsons Reports Fourth Quarter and Full Year 2020 Results Q4 2020 Highlights - Revenue of $964 million, includes $45 million of adverse impact from COVID-19 - Net income of $22 million and margin of 2.2%; adjusted EBITDA of $90 million and margin of 9.4% - Cash flow from operating activities of $176 million - Book-to-bill ratio of 1.1x for Q4 2020 and on a trailing 12-month basis - Closed Braxton acquisition; accelerates growth and expands margins in high-priority space market - Recognized by Forbes as one of the world s best employers and by Ethisphere as one of the world s most ethical companies Fiscal year 2020 Highlights - Net income of $99 million and margin of 2.5% ....
NSR Report: In-Orbit Satellite Servicing and Space Situational Awareness Represent a $6.2 Billion Opportunity GEO Life Extension and LEO De-Orbiting Drive Revenue, while Active Debris Removal and Space Situational Awareness Expand Market CAMBRIDGE, Mass., Feb. 01, 2021 (GLOBE NEWSWIRE) NSR’s In-Orbit Servicing & Space Situational Awareness Markets, 4 th Edition (IOSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of $6.2 billion by 2030. While growth is anticipated across all applications, GEO Satellite Life Extension is expected to generate the largest portion of revenues due to the sheer number of satellites expected to use this service. NSR’s IoSM4 also sees growth in satellite constellations greatly increasing the addressable market in Non-GEO, where services will focus mostly on De-Orbiting and Space Situational Awareness (SSA). NSR’s latest report forecasts both ground and space based SSA ....