Parsons Corp is a technology-driven engineering and construction firm that specializes in providing services to the defense, security, and infrastructure sectors. The company focuses on delivering innovative solutions to complex challenges, leveraging advanced technologies and data analytics to enhance project outcomes. Parsons’ expertise spans a wide range of capabilities, including cybersecurity, intelligence analysis, and systems engineering, thereby playing a pivotal role in modernizing critical infrastructure and safeguarding national interests. With a commitment to sustainability and community engagement, Parsons aims to create lasting impacts through its projects and solutions, contributing to the safety and resilience of communities worldwide. Read More
CHANTILLY, Va., May 30, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at Baird’s 2025 Global Consumer, Technology & Services Conference on Wednesday, June 4, 2025, at approximately 2:35 p.m. Eastern Time.
CHANTILLY, Va., May 29, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) proudly announced the official completion of the I-80/Gilman Street Interchange Improvement Project in Berkeley, California, celebrated during a ribbon-cutting ceremony held on April 28. Hosted by the Alameda County Transportation Commission and the California Department of Transportation, the event marked a significant milestone in delivering long-awaited mobility improvements to the East Bay.
CHANTILLY, Va., May 28, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3, 2025, at approximately 11:20 a.m. Central Time.
Visits to Parsons’ three major countries in the Middle East and leadership engagements with the President and the Delegation highlight the company’s regional strengths and alignment with Administration priorities
Trump announced economic deals worth over $243.5 billion between the two countries, including a historic sale of Boeing aircraft and GE Aerospace engines to Qatar Airways.
Infrastructure and defense services provider Parsons (NYSE:PSN) missed Wall Street’s revenue expectations in Q1 CY2025 as sales only rose 1.2% year on year to $1.55 billion. On the other hand, the company’s full-year revenue guidance of $7.25 billion at the midpoint came in 1.3% above analysts’ estimates. Its non-GAAP profit of $0.78 per share was 5.1% above analysts’ consensus estimates.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
CHANTILLY, Va., May 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will showcase its latest innovations supporting the operational imperatives of United States Special Operations Forces at SOF Week, May 5-8, in Tampa, Florida.
Infrastructure and defense services provider Parsons (NYSE:PSN) missed Wall Street’s revenue expectations in Q1 CY2025 as sales only rose 1.2% year on year to $1.55 billion. On the other hand, the company’s full-year revenue guidance of $7.25 billion at the midpoint came in 1.3% above analysts’ estimates. Its non-GAAP profit of $0.78 per share was 5.1% above analysts’ consensus estimates.
Infrastructure and defense services provider Parsons (NYSE:PSN) will be announcing earnings results tomorrow before market open. Here’s what to look for.
CHANTILLY, Va., April 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been awarded a contract for Project Management Office (PMO) services by the King Salman Park Foundation for King Salman Park. This 25-month contract marks new work for Parsons. King Salman Park is one of the world's most unique urban transformation projects, featuring 11.6 sq km of green space and over 10 sq km of built-up area. The Park includes cultural landmarks such as the Royal Arts Complex and a vibrant 7.2 km pedestrian walkway known as The Loop, among many other assets. All these elements are designed to support Saudi Vision 2030’s “Quality of Life” Program.
CHANTILLY, Va., April 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today it was selected by the Lee County Port Authority to provide project management services for Phase 1 of the Southwest Florida International Airport (RSW) Terminal Expansion Project in Fort Myers, Florida.
Shareholders of Parsons would probably like to forget the past six months even happened. The stock dropped 40.8% and now trades at $63.98. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Parsons Corp (NYSE: PSN) gains from $1.5B US Air Force contract for environmental services. Also awarded $24M contract for Naval Medical Research Command's biological defense mission.
CHANTILLY, Va., April 14, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on a $1.5 billion indefinite-delivery, indefinite-quantity multiple award task order contract by the Air Force Civil Engineering Center (AFCEC) to provide architect-engineer services addressing environmental issues, including emerging contaminants such as per- and polyfluoroalkyl substances (PFAS). The contract includes a five-year base period and five one-year option periods, including an option to extend another six months.
