Parsons Corporation

Parsons Names Jason Yaley as Chief Communications Officer

Monday, May 10, 2021 - 2:37pm

b'CENTREVILLE, Va., May 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has named Jason Yaley as the company\xe2\x80\x99s new chief communications officer, effective May 17.

Key Points: 
  • b'CENTREVILLE, Va., May 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has named Jason Yaley as the company\xe2\x80\x99s new chief communications officer, effective May 17.
  • Yaley joins Parsons from Advanced Concepts and Technologies International (ACT I), where he served as chief management officer.
  • He will report to Carey Smith, Parsons\xe2\x80\x99 president and chief operating officer.\n\xe2\x80\x9cJason\xe2\x80\x99s experience as a public and private-sector communications leader with proven results in executing global corporate communications and employee engagement programs will continue elevating Parsons\xe2\x80\x99 brand awareness, and advance our role as an employer of choice,\xe2\x80\x9d said Smith.
  • \xe2\x80\x9cEvery day, over 15,000 Parsons\xe2\x80\x99 employees go to work in 30 countries with one goal: delivering a better world.

Parsons to Present at the Goldman Sachs Industrials & Materials Conference 2021

Monday, May 10, 2021 - 12:25pm

b"CENTREVILLE, Va., May 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Goldman Sachs Industrials & Materials Conference 2021.

Key Points: 
  • b"CENTREVILLE, Va., May 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Goldman Sachs Industrials & Materials Conference 2021.
  • Carey Smith, President and COO, and George Ball, CFO, will participate in a fireside chat question and answer session on Thursday, May 13, 2021, at approximately 1:00 p.m. Eastern Time.\nThis presentation will be available live via webcast on the investor relations section of Parsons\xe2\x80\x99 website ( www.parsons.com ).
  • A replay of the webcast will also be available on the website for 30 days.\nParsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities.
  • Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.\n"

Parsons Awarded $114 Million Contract By Qatar Public Works Authority To Improve Infrastructure

Tuesday, May 4, 2021 - 9:45pm

b'CENTREVILLE, Va., May 4, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Qatar Public Works Authority (PWA) to provide site supervision services for projects in the western area of Qatar as well as Doha City.

Key Points: 
  • b'CENTREVILLE, Va., May 4, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Qatar Public Works Authority (PWA) to provide site supervision services for projects in the western area of Qatar as well as Doha City.
  • The $114 million, four-year contract includes contract management, administration and supervision of infrastructure projects being delivered by the PWA.
  • PWA intends to deliver the projects over the next five to seven years.\nTo learn more about Parsons\' Critical Infrastructure expertise, visit Parsons.com/market/critical-infrastructure/ .\nParsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities.
  • Please visit parsons.com , and follow us on LinkedIn and Facebook to learn how we\'re making an impact.\n'

Parsons Awarded 2021 CSO50 Award for Internal Security Practices

Tuesday, May 4, 2021 - 2:51pm

b"CENTREVILLE, Va., May 04, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) received a 2021 CSO50 Award from IDG's Chief Security Officer (CSO) for security projects and initiatives that demonstrate outstanding business value and thought leadership.

Key Points: 
  • b"CENTREVILLE, Va., May 04, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) received a 2021 CSO50 Award from IDG's Chief Security Officer (CSO) for security projects and initiatives that demonstrate outstanding business value and thought leadership.
  • Parsons is a global technology company whose commitment to information risk management and security extends from customer-focused solutions to internal best practices.\n\xe2\x80\x9cWe\xe2\x80\x99re honored to be one of 50 global companies recognized for their excellence and leadership in cybersecurity,\xe2\x80\x9d said Tim Potier, chief information security officer for Parsons.
  • \xe2\x80\x9cOur annual CSO50 Awards recognize security teams that bring innovation and thought leadership to solving for the many risks their organizations continue to face.
  • Please visit parsons.com , and follow us on LinkedIn and Facebook to learn how we\xe2\x80\x99re making an impact.\n"

Parsons Continues Giant Mine Project With Contract Amendment

Thursday, April 15, 2021 - 9:35pm

b'CENTREVILLE, Va., April 15, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) announced today that the company\'s contract has been amended by 94 million CAD ($75 million USD) to manage new work at the Giant Mine in the Northwest Territories, Canada.

Key Points: 
  • b'CENTREVILLE, Va., April 15, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) announced today that the company\'s contract has been amended by 94 million CAD ($75 million USD) to manage new work at the Giant Mine in the Northwest Territories, Canada.
  • As part of the amendment, Public Services and Procurement Canada, on behalf of Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC), has extended Parsons\' contract to continue as the Main Construction Manager for remediation efforts of the former gold mine.\n"We are proud to continue leveraging our decades of mine closure and reclamation experience in support of CIRNAC\'s efforts to improve the safety, health and prosperity of the community around Giant Mine," said Jon Moretta, executive vice president, industrial, for Parsons.\nParsons has supported CIRNAC in containing and managing 237 thousand tonnes of arsenic trioxide waste stored underground to protect human and environmental health and safety at Giant Mine since 2017 -- in addition to safely deconstructing the roaster complex from 2013 to 2016.
  • The amended contract will advance elements of the project scope one of the Canadian government\'s largest environmental remediation projects to include freeze pad construction for the highly innovative thermosyphon-based process that will freeze the arsenic trioxide waste in place at the mine, as well as construction of a non-hazardous waste landfill, townsite deconstruction, and underground backfill.\nTo learn more about Parsons\' critical infrastructure expertise, visit Parsons.com/markets/critical-infrastructure/ .\nParsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities.
  • Please visit parsons.com ,and follow us on LinkedIn and Facebook to learn how we\'re making an impact.\n'

Parsons to Announce First Quarter 2021 Financial Results on May 5, 2021

Thursday, April 8, 2021 - 12:25pm

CENTREVILLE, Va., April 8, 2021 /PRNewswire/ --Parsons Corporation (NYSE:PSN) will release first quarter 2021 financial results before the markets open on Wednesday, May 5, 2021.

Key Points: 
  • CENTREVILLE, Va., April 8, 2021 /PRNewswire/ --Parsons Corporation (NYSE:PSN) will release first quarter 2021 financial results before the markets open on Wednesday, May 5, 2021.
  • The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives.
  • Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website ( www.parsons.com ).
  • A telephonic replay also will be available through May 12, 2021 at +1855-859-2056 (domestic) or +1404-537-3406 (international) and entering passcode 6499894.

Parsons CEO Speaking at 2021 Global Infrastructure Innovation Summit

Monday, March 29, 2021 - 12:30pm

CENTREVILLE, Va., March 29, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) chief executive officer Chuck Harrington will join industry experts on April 6, 2021, to discuss the future of asset management in the critical infrastructure industry.

Key Points: 
  • CENTREVILLE, Va., March 29, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) chief executive officer Chuck Harrington will join industry experts on April 6, 2021, to discuss the future of asset management in the critical infrastructure industry.
  • The discussion will occur during the virtual 2021 Global Infrastructure Initiative (GII) Summit, hosted by McKinsey and Company.
  • "The pandemic's acceleration of technology in our critical global infrastructure has forced the industry to ask: is there a better way?"
  • Since 2012, the Global Infrastructure Initiative Summit has convened many of the world's most senior leaders in infrastructure and capital projects to identify ways to improve the delivery of infrastructure and get more out of existing assets.

Parsons Awarded $12.6 Billion Ceiling Contract Supporting Intelligence Missions

Tuesday, March 23, 2021 - 1:00pm

CENTREVILLE, Va., March 23, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) was awarded an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the Defense Intelligence Agency (DIA) for the Solutions for Information Technology Enterprise III (SITE III).

Key Points: 
  • CENTREVILLE, Va., March 23, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) was awarded an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the Defense Intelligence Agency (DIA) for the Solutions for Information Technology Enterprise III (SITE III).
  • The 10-year contract has a five-year base period and five option periods, worth a shared value of $12.6 billion across awardees.
  • "We look forward to partnering with DIA on SITE III to deliver innovative IT solutions," said Richard J.
  • The contract will supportmany critical departments and agencies, including DIA, CCMDs, Air Force, Space Force, Army, Marine Corps, Navy, Coast Guard, Joint Reserve Intelligence Program, National Command Authorities, other DoD Agencies, multi-national partners and non-DoD organizations with intelligence missions.

Parsons Unleashing Artificial Intelligence to Enhance Decision Making, Solve Problems

Tuesday, March 9, 2021 - 9:30pm

CENTREVILLE, Va., March 9, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) is developing and deploying artificial intelligence (AI) across a wide array of federal solutions and critical infrastructure projects to solve our customer's most challenging problems, produce actionable intelligence, and improve the user experience.

Key Points: 
  • CENTREVILLE, Va., March 9, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) is developing and deploying artificial intelligence (AI) across a wide array of federal solutions and critical infrastructure projects to solve our customer's most challenging problems, produce actionable intelligence, and improve the user experience.
  • Data analytics, AI, and edge computing are ingrained in company offerings across all business units.
  • "Parsons' artificial intelligence capabilities align with our customer's vision by improving situational awareness, decision-making, the safety of operating equipment, streamlining business processes, and protecting critical infrastructure," said Ricardo Lorenzo, chief technology officer for Parsons.
  • Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities.

Parsons Awarded $100 Million Ceiling Naval Information Warfare Center Pacific Contract

Monday, March 8, 2021 - 10:29pm

CENTREVILLE, Va., March 8, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) was awarded a potential six-year $100 million indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the Naval Information Warfare Center (NIWC) Pacific for support in the identification, implementation, development, and enhancement of Command, Control, Communications, Computers, & Intelligence (C4I) and the network-centric warfare.

Key Points: 
  • CENTREVILLE, Va., March 8, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) was awarded a potential six-year $100 million indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the Naval Information Warfare Center (NIWC) Pacific for support in the identification, implementation, development, and enhancement of Command, Control, Communications, Computers, & Intelligence (C4I) and the network-centric warfare.
  • This contract is a new award for Parsons and has a two-year base with two additional two-year options.
  • This effort consists of support relating to the areas of management, engineering, technical assistance, integrated logistics, facilities, implementation/integration, onsite technical assistance, and security.
  • All forward-looking statements are based on currently available information and speak only as of the date on which they are made.