Eric Ostfeld, a 15-year veteran of Parsons (NYSE: PSN), has joined Michael Baker International as president of design-build services. Ostfeld will serve on the executive committee of Michael Baker and be responsible for leading its pursuit of design-build projects, the Pittsburg-based infrastructure engineering and consulting company said Tuesday. T...
James Lackey, former senior vice president of operations for Parsonsâ (NYSE: PSN) integration and production division, has transitioned to a new role as SVP of the defense and intelligence mission solutions sector. He is responsible for overseeing a portfolio of integrated hardware and software offerings for ground station command and control, spa...
Parsons (NYSE: PSN) has raised full-year sales guidance to reflect improved organic performance for the 2022 second half and the company’s $388 million acquisition of Xator that closed May 31. The Centreville, Virginia-based company said in its second quarter earnings statement it now expects revenue in the $3.95 billion-$4.15 billio...
Parsonsâ (NYSE: PSN) government services unit has won a potential $104.2 million contract to provide planning, design and construction services to the Missile Defense Agency’s facility restoration and modernization programs. The company will help MDA build sustainable infrastructure systems, update aging or damaged military facilities and ma...
Five companies have secured positions on an $850 million contract to help the Defense Threat Reduction Agency perform assessments, exercises and modeling and simulation tasks. DTRA selected the awardees on its AEMSS procurement vehicle after a competitive solicitation process that generated 12 proposals, the Department of Defense said Monday. Accord...
Carey Smith, chairwoman, president and CEO of Parsons (NYSE: PSN), said the company has acquired eight companies in the past five years and adopted a deliberate strategy with a focus on âbuying for technology differentiation,â Defense News reported Thursday. âOur focus largely to date has been on cyberspace and critical infrastructure protecti...
Tim Schmitt, chief development officer at Parsons (NYSE: PSN), will join the companyâs executive leadership team on Aug. 1. He will continue to serve in his current role while overseeing the Centreville, Virginia-based technology services contractorâs mergers and acquisitions program, strategy and market research initiatives, Parsons said Tuesda...
Parsons (NYSE: PSN) has closed its purchase of Xator for approximately $400 million as part of efforts to expand its footprint within the Intelligence Community, U.S. Special Operations Command, federal civilian and critical infrastructure markets. The transaction was first announced in May and Parsons said Wednesday it will integrate Xator into its...
The Defense Health Agency has awarded 56 positions on a potential 10-year, $10 billion contract vehicle for services supporting military medical research and development programs. DHA received a total of 126 proposals from 61 offerors for the OMNIBUS IV multiple-award, indefinite-delivery/indefinite-quantity contract via SAM.gov, the Department of D...
Eight awardees will continue to provide professional management and technical services to support the U.S. Navy’s cyberspace operations under a $231.2 million contract option. Naval Information Warfare Center Pacific exercised the first option period on a multiple-award, indefinite-delivery/indefinite-quantity contract with an $802 million cei...
