Parsons Corp.
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About
Parsons Corporation provides technology-driven solutions for defense, intelligence, and critical infrastructure markets. Headquartered in Centreville, Virginia, the company operates through two primary segments: Federal Solutions and Critical Infrastructure. The Federal Solutions segment delivers cyber and intelligence services, missile defense systems, space capabilities, and connected battlespace technologies to the U.S. Department of Defense, intelligence community, and other federal agencies. The Critical Infrastructure segment focuses on engineering and program management services for transportation systems, water and wastewater facilities, and smart cities initiatives for government and commercial clients globally. The company employs approximately 17,000 professionals across North America, the Middle East, and Asia Pacific regions. Parsons generates annual revenue exceeding $4 billion and maintains a significant presence in high-barrier markets requiring specialized security clearances and technical expertise. In recent years, the company has pursued strategic acquisitions to strengthen its capabilities in cybersecurity, geospatial intelligence, and space operations. Notable developments include expanded contracts for critical infrastructure modernization and increased investments in artificial intelligence and autonomous systems integration. Parsons went public in May 2019, having previously operated as a private employee-owned company for decades. The company distinguishes itself through its long-standing client relationships, security-cleared workforce, and ability to deliver complex, mission-critical projects across both government and commercial sectors.