Andrew Cox became chief financial officer of Apogee following a more than two-year stint as vice president of finance at Parsons (NYSE: PSN), he announced in a LinkedIn post on Wednesday. He has over 22 years of experience in financial management, most of them spent in the defense manufacturing industry. Cox began as a financial...
Peter Torrellas, an industry executive who has led digital transformation initiatives, has officially assumed responsibilities as a senior vice president of Cubic and president of the company’s transportation systems business division. He succeeds Jeff Lowinger, who went into retirement after being at the helm of Cubic Transportation Systems for o...
The Department of Homeland Security awarded a K2 Construction Consultants-led team a potential five-year, $253 million contract to supply nuclear and radiation portal monitors in areas covered by the U.S. Customs and Border Protection. K2 will complete the Radiation Portal Monitor Program Deployment contract in partnership with Parsons (NYSE: PSN) a...
Mergers and acquisitions deals are a feature of any industry where there are large enough companies and funds to support new combinations and ownership arrangements. They’ve become a particularly notable occurrence across markets in the 21st century, as large conglomerates buy up smaller operations. Government contracting is no different. Accordin...
Parsons (NYSE: PSN) has won a potential five-year, $53 million task order to help the Defense Threat Reduction Agency build and enhance partner nation capacity to counter and deter weapons of mass destruction and emerging threats. The company said Monday it will provide training, equipment and subsequent maintenance in support of DTRA’s Intern...
Parsons (NYSE: PSN) has secured a potential seven-year, $160 million single-award contract to develop hardware and software products for the U.S. intelligence community. Mike Kushin, president of Parsons’ defense and intelligence sector, said in a statement published Thursday that the company will build on its technical expertise to help the I...
Parsons Corporation Chief Financial Officer Matt Ofilos has been appointed to chair Executive Mosaic’s CFO Group for its 4×24 leadership series. 4×24 is a well-respected tradition in the government contracting and federal markets, bringing together renowned speakers from perches in the public sector to collaborate with and addr...
Parsons Chair, President and CEO Carey Smith has been appointed chair of Executive Mosaic’s 4×24 Group 1 Leadership. The 4×24 executive leadership program is designed to connect senior industry leaders with influential government officials in a series of collaborative and supportive dinner events aimed at advancing critica...
The U.S. Army Corps of Engineers has awarded nine companies positions on a potential seven-year, $200 million contract to provide the service branch with architect and engineering construction support services. USACE received 30 offers for the firm-fixed-price contract and will obligate funds and determine work locations upon award of task orders, t...
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. Established in 2012, Sealin...
