The Department of Energy’s National Nuclear Security Administration has awarded Parsons (NYSE: PSN) and SeaTech Global Security Solutions positions on a potential seven-year, $1 billion contract to support the deployment of counter nuclear smuggling systems. The vendors will perform design, construction, integration, communications, logistics, tra...
Olivia Fines, former Parsons senior vice president, was named chief legal and compliance officer and corporate secretary at Constellis. In a statement published Tuesday, Terry Ryan, CEO of Constellis, welcomed Fines on behalf of the board and executive team. “Her extensive experience in federal procurement processes, technology deployment, ris...
Executive Mosaic’s GovCon Index endured the roller coaster ride during the holiday-shortened week. Besides closing 0.64% higher on Feb. 23, 2024, the index that tracks the performance of 30 notable government contractors marked six straight winning weeks. At $4,839.92, the week-to-week gain is 1.1%. Like the GCI, Wall Street’s major indexes adva...
Parsons has reported that its fourth-quarter revenue in fiscal year 2023 increased 35 percent year-over-year to $1.5 billion and full-year revenue jumped 30 percent to $5.4 billion. The company attributed the Q4 revenue growth to organic growth of 34 percent and $20 million from acquisitions during the period, according to an earnings statement publ...
Executive Mosaic is honored to recognize Carey Smith, chair, president and CEO of Parsons, with the 2024 Wash100 Award for her continued efforts to drive the company’s growth and expansion efforts by leading new business integration and pursuing M&A opportunities. Vote for Smith as one of your 10 favorite government industry leaders at Was...
The Department of Labor awarded Parsons (NYSE: PSN) a potential five-year, $115 million contract to provide management support to the Job Corps Acquisition Services. The company said Thursday that it has been cleared to continue assisting in project planning and management of the JCAS Facilities Program. Parsons has been under contract with JCAS sin...
The U.S. Army awarded five companies positions on a potential five-year, $464 million contract to support its environmental remediation activities. AECOM (NYSE: ACM), Arcadis, Parsons (NYSE: PSN), Tetra Tech (Nasdaq: TTEK) and the joint venture Cape-CDM Smith were selected out of seven bids received through an online solicitation by the service bran...
Executive Mosaic, the preeminent media, events and membership organization of the government contracting sector, is proud to announce the winners of the prestigious 2024 Wash100 Award. Each year, Executive Mosaic’s coveted Wash100 Award recognizes the most promising and outstanding executives to watch in the coming year. Read below for the full l...
The defense and government investment banking team of financial services company Raymond James has released a report highlighting the financial performance of several public companies in the government contracting market, recent mergers and acquisitions and major contracts awarded in 2023....
The Department of Energy’s Office of Environmental Management plans to award Hanford Mission Integration Solutions a potential $1.3 billion contract modification in March to continue providing cleanup operations support and other infrastructure services at the Hanford site. Increasing the ceiling value of the Hanford Mission Essential Services Con...
