In The Press | Parsons Corporation
At Parsons Corporation, we are proud to lead the future of national security and critical infrastructure worldwide through our innovative and disruptive approach. Our commitment to agility and technology enables us to deliver solutions at the speed of relevance globally.
Latest News Coverage
Creative Planning increased its stake in Parsons Co. (NYSE: PSN) by 42.4% in the second quarter, as reported in its recent Form 13F filing with the Securities & Exchange Commission. The firm now holds 7,381 shares of the company's stock, valued at $604,000.
In recent trading, Parsons Corp (Symbol: PSN) shares have exceeded the average analyst 12-month target price of $106.00, currently trading at $107.05 per share.
The US Army has awarded a $1.9 million technical direction letter to Parsons Corporation in Centreville, Virginia, for the procurement of biometric mobile and static collection devices to support the US Army's Next Generation Biometrics Collection Capability (NXGBCC).
Key Appointments and Achievements
James Johnson, a former executive at CACI International, has joined Parsons as Senior Vice President for Systems Engineering and Analysis.
Parsons Corporation was granted funding by the U.S. Army to acquire biometric collection devices for gathering biological data such as fingerprints.
The Tennessee Department of Transportation (TDOT) has selected Parsons Transportation Group, Inc. for Engineering and Design Services for the I-55 bridge replacement project, also known as America’s River Crossing, spanning the Mississippi River.
Technological Advancements
Parsons Corporation utilized tools like Migration Evaluator and the AWS Optimization and Licensing Assessment (OLA) to transition to AWS, optimizing licensing and reducing downtime and compute costs.
Parsons Corporation was awarded a position on an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the Defense Threat Reduction Agency (DTRA) to support Countering Weapons Of Mass Destruction (CWMD) objectives.
Industry Recognition
Faysal Ali from Parsons Corporation emphasized the importance of knowledge sharing in public transport and intelligent systems for designing cities to promote economic growth and wellbeing.
Bechtel Parsons Blue Grass, a joint venture between Bechtel National and Parsons Government Services, is progressing to the closure phase of the Blue Grass Chemical-Agent Destruction Pilot Plant.
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