Josh Salmanson, a former NCI vice president, has been named chief architect and vice president of the business development and operations business at ECS. He will support ECS' efforts to transform platforms for the government and commercial sectors and brings 25 years of business leadership, sales and technology experience to his new position, ...
Parsons (NYSE: PSN) has agreed to buy radio frequency products developer QRC Technologies from private equity firm DC Capital Partners for approximately $215M in cash in a push to expand its portfolio of products in the RF and signals intelligence sector....
Parsons (NYSE: PSN) reported $904M in revenue for the first quarter of 2019, up 20 percent from the same period last year. The Pasadena, Calif.-based company said Tuesday it posted $1.2B in contract awards during the quarter with a total backlog of $8.6B and a book-to-bill ratio of 1.4x....
Several technology services contractors and consulting firms have won spots on a potential five-year, $49M contract to provide the Department of Health and Human Services’ program support center with artificial intelligence and automation tools designed to facilitate operations, the Washington Business Journal reported Thursday. More than 50 a...
David Spille, former vice president of investor relations at Engility, has been appointed to the same position at Parsons (NYSE: PSN). Parsons said Monday Spille has more than two decades of investor relations experience, which includes eight years in the federal information technology services industry, and his professional background encompasses m...
Parsons closed Friday its initial public offering three days after it started trading under the ticker symbol œPSN on the New York Stock Exchange. The company said Friday it offered more than 18.5M shares of common stock at a price of $27 per share and expects net proceeds from the IPO to hit approximately $462.9M,...
Nine companies have won potential seven-year contracts to provide technical, management and professional services in support of the U.S. Navy™s cyber space operations. The Naval Information Warfare Center Pacific received 18 offers for the indefinite-delivery/indefinite-quantity contracts, which cover support for interoperability of systems and...
Parsons (NYSE: PSN) is selling 18,518,500 shares of common stock at a target price of $26 to $28 per share through an initial public offering. The company said Monday it expects to grant underwriters a 30-day option to buy up to 2,777,775 additional shares. BofA Merrill Lynch, Morgan Stanley and Goldman Sachs & Co. will...
The U.S. Army has selected four companies to compete for military logistics support task orders under a potential $82B contract vehicle over 10 years. Army Contracting Command received six bids for the Logistics Civil Augmentation Program V through an online-based solicitation process, the Department of Defense said Friday. LOGCAP V has an initial o...
Parsons has submitted to the Securities and Exchange Commission a registration statement for its planned initial public offering. The company said Friday it plans to trade on the New York Stock Exchange using the ticker symbol œPSN and details about the price range and number of shares to be put up for the IPO are...
