CHANTILLY, Va., Nov. 03, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), shared that the Parsons-led joint venture, Riyadh Metro Transit Consultants (RMTC), in partnership with Systra and Egis, was selected in March 2026 to provide project and construction management (PMCM) services for the Royal Commission for Riyadh City (RCRC) on the Riyadh Metro Red Line Extension. This multi-year...
CHANTILLY, Va., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced that Matt Ofilos will resign as Executive Vice President and Chief Financial Officer, effective November 6, 2026, to pursue another professional opportunity. Ofilos' resignation is not the result of any disagreement with the company on any matter relating to the company's operations, policies, or p...
Q3 2026 Key Takeaways Revenue, profitability, and cash flow exceeded commitments, with adjusted EBITDA and margin reaching record levels Continued strong demand across both segments, with contract awards increasing 14% year-over-year and a 1.1x consolidated book-to-bill ratio, including a 53% increase in Federal Solutions contract awards Record total and funded backlog Third-quarter financial r...
Parsons receives a success memo for PFAS remediation, making it easier for DOW buyers to secure Parsons' patented thermal conduction heating technology.
Key Takeaways: Parsons awarded $85 million Other Transaction Authority (OTA) Agreement to deliver U.S. Space Command's new purpose-built Command and Control Facility at Redstone Arsenal in Alabama, further expanding Parsons' growing defense infrastructure business. The 950,000-square-foot campus will support up to 1,800 personnel and include secure mission-critical facilities and infrastructure.
Key Takeaways: Parsons secured nine “Awardable” designations across two leading Department of War digital marketplaces designed to rapidly deploy operational capabilities to warfighters at the edge. Three solutions were recognized in Platform One and six in Tradewinds, expanding Parsons' presence across the defense technology ecosystem.
Key Takeaways: Today Parsons joined national leaders at the Project Watershed 250 launch in San Antonio, Texas. This scalable water cybersecurity pilot program was initiated by White House National Cyber Director Sean Cairncross and Texas Governor Greg Abbott, with support from Parsons' CEO Carey Smith and other industry leaders.
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