Sealing Technologies, a Parsons subsidiary, has received an intent to award notification from the U.S. Cyber Command for a contract to produce Joint Cyber Hunt Kits, or JCHK. Secure your spot at Potomac Officers Club’s 2026 Cyber Summit on May 21 to engage with leading government and industry experts on escalating cyberthreats, zero trus...
Parsons reported $6.4 billion in revenue for fiscal year 2025, while achieving record adjusted EBITDA and net income for the full year. How Did Parsons Perform Financially in Fiscal Year 2025? In an earnings release published Wednesday, the Chantilly, Virginia-based disruptive technology provider said total revenue of $6.4 billion showed a 6 pe...
program’sParsons has received a potential five-year, $125 million task order from the U.S. Army to provide research, development and technical services for the service’s Combat Capabilities Development Command Army Research Laboratory, or DEVCOM ARL. The recent award reflects continued collaboration between the Army and industry to advan...
Parsons has received a $593 million contract extension from the Federal Aviation Administration through an early exercise of an option under the agency’s Technical Support Services Contract 5, extending the company’s support for National Airspace System modernization efforts. What Does the TSSC 5 Extension Cover? The option extends contr...
Parsons has acquired Altamira Technologies for approximately $375 million as part of efforts to expand its signals intelligence, missile warning, cyber and space capabilities for the Department of War and U.S. intelligence community customers. Parsons said Tuesday Altamira’s more than 600 employees, over 90 percent of whom hold security cleara...
Parsons has appointed John Martinez as its next chief legal officer, effective Feb. 16. Martinez succeeds Mike Kolloway, who has served as the company’s CLO since 2017, Parsons said Thursday. “John Martinez is one of the most proven and skilled legal officers in our industry, bringing a unique depth of experience in the public and...
Parsons reported $1.62 billion in third quarter fiscal 2025 revenue, down 10 percent year-over-year and 14 percent on an organic basis. Excluding its confidential contract, the defense and infrastructure engineering company achieved double-digit revenue growth of 14 percent and an organic revenue increase of 9 percent, driven by growth in its c...
Parsons has appointed Steven Meier as chief technology officer and vice president of space solutions, while John Davies was promoted to CTO of high consequence missions. The executives announced their appointments via LinkedIn. Who Is Steven Meier? Meier is an aerospace technology executive with over three decades of experience spanni...
Ron Craig, a government contracting industry veteran, has joined Parsons as vice president and space systems architect. He confirmed his new role in a LinkedIn post Sunday. In his new role, he will lead the company’s efforts to drive innovation, develop and execute growth strategies, and pursue and capture new business opportunities in new markets...
Parsons has appointed Cindy Murphy, a GovCon industry executive, as senior vice president of business development for high consequence missions. In a LinkedIn post announcing her move to Parsons, Murphy said her position is “focused on driving growth that directly impacts the mission.” “Scaling exquisite products, technologies, and...
