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09-05-2023

Security Week | Cybersecurity M&A Roundup: 40 Deals Announced In August 2023

Forty cybersecurity-related merger and acquisition (M&A) deals were announced in August 2023. Included on the list is Parsons Corporation, who acquired edge computing and cybersecurity company Sealing Technologies in a transaction valued at up to $200 million.

08-31-2023

Defense Daily | U.S. Space Force Considering Hemisphere Solicitation To Consolidate Weapons Development And Sustainment

More than 30 companies, including Science Applications International Corp. [SAIC], Booz Allen Hamilton [BAH], BlueHalo, Parsons Corporation. betmgm live casino[PSN] and KBR, Inc.‘s [KBR] KBR Wyle Services, LLC., participated in a Hemisphere industry day on Feb. 28.

08-29-2023

GovCon Wire | Parsons CEO Carey Smith Named Chair Of Executive Mosaic’s 4×24 Group 1 Leadership

Parsons Chair, President and CEO Carey Smith has been appointed chair of Executive Mosaic’s 4×24 Group 1 Leadership.

08-24-2023

GovCon Wire | Parsons Buys Cybersecurity Company SealingTech; Carey Smith Quoted

Parsons (NYSE: PSN) has purchased Sealing Technologies for approximately $200 million in a transaction that expands its defensive cyber capabilities, broadens its client base across the Department of Defense and Intelligence Community and strengthens its presence as a cybersecurity company in the national security market.

08-24-2023

Marinas Business Journal | Marshall Islands Receives USDA Telecom Grant; Kwajalein Housing Milcon Contract Awarded

Parsons Government Services Inc BetMGM Casino loginwas awarded a ,291,600 firm-fixed-price contract for family housing replacement. Bids were solicited via the internet with four received. Work will be performed in the Marshall Islands [at the U.S. Army Garrison on Kwajalein Atoll], with an estimated completion date of Feb. 27, 2027.

08-24-2023

ENR Midwest | Four Design Teams Named for $4.6B Project to Clear Chicago Rail Bottlenecks

Partners behind the Chicago Region Environmental and Transportation Efficiency (CREATE) program announced the selections by Norfolk Southern Aug. 23. Parsons Corp. leads two design package teams, and Hanson Professional Services Inc. and Gannett Fleming Inc. each lead one team. 

08-23-2023

Zawya | Parsons Bags 5-year PCM Contract For King Abdullah Financial District Expansion in Riyadh

U.S.-headquartered Parsons announced on Wednesday that the company was awarded a 5-year contract by the King Abdullah Financial District Development and BetMGM Casino loginManagement Company (KAFD DMC) for project and construction management services in the King Abdullah Financial District (KAFD) in Saudi Arabia.

08-21-2023

Smart Cities Dive | Federal Infrastructure Investments Buoy Engineering And Construction Firms

“More than 36,000 transportation improvement projects” have advanced due to the 2021 infrastructure law, said the chair of the American Road and Transportation Builders Association. AECOM, Jacobs, Parsons, Tutor Perini and WSP saw revenues up from 9% to more than 30% in the quarter, they reported.

08-15-2023

Design-Build Institute Of America | DBIA Announces 2023 Design-Build Project/Team Merit Award Winners

The Design-Build Institute of America (DBIA) is pleased to announce the 2023 National Design-Build Project/Team Award Winners. Parsons’ submittal for SH249 in Texas was selected in the Transportation Category.

08-15-2023

Construction Dive | Federal Money Buoys betmgm live casinoConstruction, Engineering Firms

Parsons reported record organic revenue growth of 23% year over year in Q2 of 2023, with President and CEO Carey Smith stating on the company’s Aug. 2 earnings call

08-15-2023

News Channel Six | A Digital Company Hosts A Classic Competition At The Cyber Center…With A Twist

The digital corporation, Parsons is hosting the AFCEA Technet Augusta International Military and Collegiate Capture the Flag Event.

08-14-2023

Homeland Security Today | CYBERCOM Awards $109M Contract To Parsons

Parsons Corporation has been selected by United States Cyber Command (CYBERCOM) to continue support previously provided under the command, control, communications, computers, and capabilities development (C4CD) and C4CD Bridge contracts. 

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