Parsons Corporation

Parsons to Present at the Raymond James TMT & Consumer Conference

Retrieved on: 
Thursday, November 30, 2023

CHANTILLY, Va., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Raymond James TMT & Consumer Conference.

Key Points: 
  • CHANTILLY, Va., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Raymond James TMT & Consumer Conference.
  • Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session on Tuesday, December 5, 2023, at approximately 9:10 a.m. Eastern Time.
  • This presentation will be available live via webcast on the investor relations section of Parsons’ website (https://investors.parsons.com/).
  • A replay of the webcast also will be available on the website for 30 days.

Parsons to Present at the UBS Industrials Summit

Retrieved on: 
Monday, November 27, 2023

CHANTILLY, Va., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the UBS Industrials Summit investor conference.

Key Points: 
  • CHANTILLY, Va., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the UBS Industrials Summit investor conference.
  • Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session on Wednesday, November 29, 2023, at approximately 9:30 a.m. Eastern Time.
  • This presentation will be available live via webcast on the investor relations section of Parsons’ website (https://investors.parsons.com/).
  • A replay of the webcast also will be available on the website for 30 days.

Parsons Included on $5 Billion Contract to Revitalize Puerto Rico’s Power System

Retrieved on: 
Monday, November 13, 2023

The $5 billion ceiling value contract includes a base performance period of five years and represents new work for the company.

Key Points: 
  • The $5 billion ceiling value contract includes a base performance period of five years and represents new work for the company.
  • Under this contract, Parsons will compete for task orders to provide temporary power generation for the stabilization of Puerto Rico’s power grid, supporting the government’s request for assistance and aiding residents of the island as they recover from natural disasters.
  • “We look forward to leveraging our capabilities to advance USACE’s efforts and stabilize Puerto Rico’s power system.
  • Parsons has delivered power and energy-related solutions, including alternative and renewable energy sources, to clients for over 65 years.

Edward Jones Continues Compliance Momentum by Hosting Semiannual Symposium

Retrieved on: 
Wednesday, December 13, 2023

ST. LOUIS, Dec. 13, 2023 /PRNewswire/ -- As financial services firm Edward Jones continues its transformational journey with strategic growth in its compliance efforts, the firm today is holding its semiannual Compliance Symposium, which started in 1999 and has been held nearly every spring and fall since. The event convenes compliance and legal experts to discuss industry trends, new regulations, preparing and reacting to the changing regulatory environment and the impacts on associate ethics and daily decision-making.

Key Points: 
  • Event focuses on strengthening alignment on firm's behaviors, actions and solutions
    ST. LOUIS, Dec. 13, 2023 /PRNewswire/ -- As financial services firm Edward Jones continues its transformational journey with strategic growth in its compliance efforts, the firm today is holding its semiannual Compliance Symposium, which started in 1999 and has been held nearly every spring and fall since.
  • The event is comprised of lectures and panel discussions that further strengthen Edward Jones' culture of compliance at all levels of the firm and support the firm's 2024 strategic objectives.
  • "As our firm continues to deliver value to our clients, colleagues and communities, we are called to collaborate across teams and innovate in ways that push our business forward," said Rich Link, Principal and Chief Compliance Officer at Edward Jones.
  • The Edward Jones Compliance Symposium is part of a robust governance and ethics program designed to create value for our clients, colleagues and communities.

Parsons Awarded $91 Million Cyber Capabilities Contract

Retrieved on: 
Thursday, November 9, 2023

CHANTILLY, Va., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the United States Cyber Command (CYBERCOM) to provide services for the J9 PEO Cyber and Joint Cyber Warfighting Architecture Integration Office.

Key Points: 
  • CHANTILLY, Va., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the United States Cyber Command (CYBERCOM) to provide services for the J9 PEO Cyber and Joint Cyber Warfighting Architecture Integration Office.
  • The $91 million cost plus fixed-fee prime contract includes a 12-month base year and four 12-month option years including the Federal Acquisition Regulation (FAR) 52.217-8, Option to Extend Services, and is new work for the company.
  • “Under this contract, we are using Parsons’ operationally proven Digital Engineering Framework (PDEF) and Model-Based Systems Engineering to support the analysis, integration, development, and delivery of the Joint Cyber Warfighting Architecture, including software-enabled systems, sensors, and tools that span the full spectrum of cyber operations.
  • To unlock Parsons’ cyber capabilities, visit parsons.com/cyber/ .

Ohio Department of Transportation Taps Honda to Lead Two-year Project to Advance Road Condition Management System

Retrieved on: 
Thursday, November 9, 2023

The partners will develop a road condition management system that will use vehicle-generated data to identify and report hazardous road conditions in Ohio.

Key Points: 
  • The partners will develop a road condition management system that will use vehicle-generated data to identify and report hazardous road conditions in Ohio.
  • Honda will lead the project, leveraging the research it conducted in 2022 and the Honda Drive Data Service* from Honda Motor Co., Ltd., with the funding to cover project work by the three partners.
  • Honda pilots prototype road condition management system with three tech partners and Ohio Department of Transportation.
  • The initiative will build on a pilot program conducted by the Honda Research Institute in 2022, which evaluated a road condition management system using GPS coordinates and cameras to collect real-time road condition information.

Parsons’ AI Technology Recognized in City of Chicago’s Smart 50 Award

Retrieved on: 
Monday, November 6, 2023

CHANTILLY, Va., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) congratulates the City of Chicago on winning the prestigious Smart 50 Award for their Connected Vehicle Corridor pilot project.

Key Points: 
  • CHANTILLY, Va., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) congratulates the City of Chicago on winning the prestigious Smart 50 Award for their Connected Vehicle Corridor pilot project.
  • "As a proud partner of the City of Chicago, we are thrilled to see the Connected Vehicle Corridor pilot recognized with a Smart 50 Award," said Mark Fialkowski, president, Infrastructure North America for Parsons.
  • "This project is a great example of how innovative AI technology can help make our cities safer and more efficient for everyone.
  • The Smart 50 Awards - in partnership with Smart Cities Connect and Smart Cities Connect Foundation - annually recognize global smart cities projects, honoring the most innovative and influential work.

Parsons’ Carey Smith Named Government Contracting Executive of the Year

Retrieved on: 
Friday, November 3, 2023

CHANTILLY, Va., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) Chair, President, and Chief Executive Officer, Carey Smith, was recognized as “Executive of the Year” this week at the 21st Annual Greater Washington Government Contractor Awards, where she won the “Executive of the Year, Over $300 Million” category.

Key Points: 
  • CHANTILLY, Va., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) Chair, President, and Chief Executive Officer, Carey Smith, was recognized as “Executive of the Year” this week at the 21st Annual Greater Washington Government Contractor Awards, where she won the “Executive of the Year, Over $300 Million” category.
  • “I’m honored to accept this award and share it with the more than 18,000 employees at Parsons,” said Smith.
  • “The leaders recognized with these awards represent the efforts of the talented workforces we have the privilege of leading every day.
  • Smith was recognized for being a leader who focuses on strategy, culture and people to deliver performance results.

SEER’S MV TECHNOLOGIES RECEIVES NEW CONTRACTS FOR $1.5MM AND INCREASES ANNUAL MEDIA SUPPLY CONTRACTS

Retrieved on: 
Thursday, November 2, 2023

It is estimated the new systems will collectively use approximately $500,000 of MV’s Axtrap™ media on an annual basis.

Key Points: 
  • It is estimated the new systems will collectively use approximately $500,000 of MV’s Axtrap™ media on an annual basis.
  • This will add significantly to the existing baseline of over $1MM in media sales.
  • MV also recently received a purchase order for an H2SPlus™ for a large Canadian-based food processor.
  • Each project becomes a valuable addition to the more than 140 existing projects already in MV Technologies ’ portfolio throughout North America,” said Tom Jones, President of MV.

Apogee Hires Defense Industry Finance Expert Andrew Cox as New CFO

Retrieved on: 
Monday, November 6, 2023

COLORADO SPRINGS, Colo., Nov. 6, 2023 /PRNewswire/ -- Apogee, a leading defense and security solutions provider, has appointed a new chief financial officer (CFO) Andrew Cox, a two-decade finance veteran in the defense industry effective October 16, 2023.

Key Points: 
  • COLORADO SPRINGS, Colo., Nov. 6, 2023 /PRNewswire/ -- Apogee, a leading defense and security solutions provider, has appointed a new chief financial officer (CFO) Andrew Cox, a two-decade finance veteran in the defense industry effective October 16, 2023.
  • CEO and chairman Wes Georges announced this strategic appointment adding, Cox will work diligently with Apogee's leadership to further drive the company's transformative growth.
  • As CFO, Cox will oversee Apogee's finance and accounting functions with a focus on strategic execution.
  • Before working for Parsons Corporation, Cox was the vice president of finance at Braxton Science & Technology Group and CFO at TechWise.