In The Press

We’re at the forefront of agility and technology, leading the future of national security and critical infrastructure around the world. Below is the latest news coverage of the company. If you’re interested staying up to date on how our innovative and disruptive approach enables us to deliver solutions at the speed of relevance around the globe, subscribe to our newsletter here.

05-02-2024

Yahoo Finance | Those Who Invested In Parsons (NYSE:PSN) Five Years Ago Are Up 158%

Parsons is a well known stock, with plenty of analyst coverage, suggesting some visibility into future growth. So it makes a lot of sense to check out what analysts think Parsons will earn in the future.

05-02-2024

Yahoo Finance | Parsons Corp (PSN) Q1 2024 Earnings Call Transcript Highlights: Stellar Growth And Strategic Wins

Parsons Corp (NYSE:PSN) reported record financial results for Q1 2024, including record quarterly revenue, adjusted EBITDA, adjusted EBITDA margin, contract awards, and total backlog.

05-02-2024

GovConWire | Parsons Reports 31% Growth in Q1 2024 Revenue; Carey Smith, Matt Ofilos Quoted

Parsons (NYSE: PSN) reported record revenue of $1.5 billion during the first quarter of 2024, reflecting a year-over-year increase of 31 percent, and a record Q1 organic revenue growth of 29 percent due to the continued ramp-up on contract awards and execution on the company’s backlog programs.

04-30-2024

WashingtonExec | Parsons Wins Spot On $464M Army Environmental Command Contract

Under the contract, Parsons will compete for task orders to perform remediation services at various Army installations throughout the country and territories. Activities include per- and polyfluorinated substances treatment, munitions response and operational range assessments, the company said.

04-29-2024

Breaking Defense | Parsons, Rafael Team Up On Competition To defend Marine Bases From Small Drones

The defense tech firm Parsons is teaming up with an American subsidiary of Israel’s Rafael to bid for a pending Marine Corps contract to protect the service’s installations around the world from small aerial drone threats, executives from both companies told Breaking Defense in an exclusive interview.

04-29-2024

Parsons Wins Position on $464M U.S. Army Remediation Contract, Showcases Financial Strength

This contract, worth $464 million, entails the provision of remediation services at sites contaminated with hazardous toxic waste, including perfluoroalkyl and polyfluoroalkyl substances (PFAS). The contract spans over a five-year ordering period and represents new work for Parsons Corporation.

04-23-2024

Yahoo Finance | Can Parsons (PSN) Keep The Earnings Surprise Streak Alive?

This software and infrastructure services provider has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 12.26%.

04-19-2024

Payload | Inside The World’s First Civil Space Traffic Coordination System

Government IT projects are known for being challenging, and one of the biggest currently underway is the US effort to forge a civil space traffic coordination platform.

04-15-2024

NJBIZ | Parsons Continues Long Legacy Of High-Profile Projects In NJ

Over the course of a century, Parsons has forged deep ties to the Garden State – overseeing major projects that are critical to maintaining and enhancing the state’s infrastructure.

04-12-2024

World Construction Network | Parsons Joins USACE Construction Management Services Contract

Under the contract, Parson will provide administrative and logistics support on large military construction programmes.

04-11-2024

CSI Market | Parsons Corporation: Fortifying National Security With $200 Million U.S. Army Corps Of Engineers Contract

This contract, aimed at providing construction management services, comes as a significant milestone for Parsons and reinforces its position as a trusted partner in supporting the nation’s defense infrastructure.

04-11-2024

Ontario Construction News | RFP Issued For QEW Garden City Skyway Bridge Twinning Project

Five teams have been pre-qualified and invited to bid on the project, which is being delivered using a Progressive Design-Build – Target Price delivery model. Teams were selected based on criteria identified in the Request for Qualifications process that began in December 2022.

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