Parsons (NYSE: PSN) was awarded a potential five-year, $109 million contract to continue assisting the U.S. Cyber Command in its development of command, control, communications, computers and capabilities. The Centreville, Virginia-headquartered defense contractor said Thursday the classified award covers work previously done as part of C4 Capabilit...
Parsons (NYSE: PSN) achieved record revenue of $1.4 billion for the second quarter of fiscal 2023, reflecting a year-over-year increase of 34 percent, and attributed the rise to organic growth from the contractor’s federal solutions and critical infrastructure segments. The Centreville, Virginia-based defense and infrastructure engineering com...
Parsons (NYSE: PSN) has elevated Noel Goldstein, a 24-year government services industry veteran, from senior business development director to a vice president position. Goldstein joined Parsons in February 2021. His responsibilities have included client engagement, capture management and campaign development functions for the Department of Defense a...
Parsons (NYSE: PSN) will provide the Defense Threat Reduction Agency with vulnerability assessment and other support services under a potential five-year, $170 million task order. The company said Wednesday it was also tasked with assisting the operational programs of DTRA’s Nuclear Enterprise Directorate in addition to performing analyses, design...
Eight companies will compete for architectural and engineering task orders under a U.S. Army Corps of Engineers contract worth up to $200 million. USACE received 21 bids for the firm-fixed-price contract and estimated services will conclude on June 29, 2028, the Department of Defense said Thursday. The chosen vendors are: AECOM (NYSE: ACM) Arcadis H...
Jack Sears, a more than 25-year GovCon industry veteran, has been named chief growth officer of Precise Systems, a technical and professional services provider to the Department of Defense. He will be responsible for the company’s capture, proposal and business development activities and help drive strategic growth efforts as a member of the execu...
Parsons is going through a period of accelerated, unprecedented growth. After a first quarter that exceeded financial expectations, Parsons has raised its prediction for full-year 2023 revenue to $4.6 billion. Executive Mosaic spoke with Parsons Chairwoman, President and CEO Carey Smith, a five-time Wash100 Award winner, to lear...
Ellen Lord, former undersecretary for acquisition and sustainment at the Department of Defense, and Bruce Crawford, a retired U.S. Army lieutenant general, have joined the board of directors of Comtech (Nasdaq: CMTL). Lord and Crawford bring to Comtech’s board their government and industry experience in the field of capability development, bud...
The U.S. Army has selected a dozen companies for a 10-year, $450 million contract vehicle to support its modernization and combat overmatch capability development efforts. Army Contracting Command received 27 bids for the cost-plus-fixed-fee, firm-fixed-price contract via an online solicitation and will determine funds and work locations on a per-or...
Parsons (NYSE: PSN) has appointed government and industry veterans Andrew Weber and Richard Varos to its strategic advisory boards focused on federal solutions and critical infrastructure, respectively. Weber brings to the federal solutions advisory board three decades of government service, including a five-year stint as assistant secretary of defe...
