Strait of Messina Bridge

Parsons Completes Acquisition of BlackHorse Solutions, Inc.

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Tuesday, July 6, 2021
Corporate finance, Parsons Corporation, Strait of Messina Bridge, Mergers and acquisitions, Parsons, New York Stock Exchange, Economy, Companies, Finance

CENTREVILLE, Va., July 06, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it completed the previously announced acquisition of BlackHorse Solutions, Inc., in an accretive deal valued at $203 million.

Key Points: 
  • CENTREVILLE, Va., July 06, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it completed the previously announced acquisition of BlackHorse Solutions, Inc., in an accretive deal valued at $203 million.
  • The strategic acquisition expands Parsons capabilities and products in next-generation military, intelligence, and space operations, specifically in cyber, electronic warfare, and information dominance.
  • The BlackHorse transaction is consistent with Parsons strategy of completing accretive acquisitions of companies with revenue growth and adjusted EBITDA margins exceeding 10% while adding critical intellectual property that strengthens the companys existing portfolio.
  • The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of today's most complex communications.

Vision AI leader Neurala launches European Subsidiary

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Tuesday, June 8, 2021
Data management, Engineering, Technology, Manufacturing, Other Technology, Software, Networks, Articles, Engines, Academic disciplines, IHI Corporation, Strait of Messina Bridge, Artificial intelligence, Logistics

Today, Neurala , the leader in vision AI software, announced the launch of its European subsidiary, Neurala Europe, based in Italy.

Key Points: 
  • Today, Neurala , the leader in vision AI software, announced the launch of its European subsidiary, Neurala Europe, based in Italy.
  • Neurala is already working with global strategic partners, including IMA Group , Antares Vision , FLIR Systems and IHI Logistics and Machinery , as well as several European systems integrators.
  • This new venture will enable Neurala to address that need by working closely with local partners and our team on the ground to bring vision AI onto industrial machines, cameras, and production lines.
  • Neurala is headquartered in Boston, MA with a European subsidiary in Trieste, Italy.

Parsons to Present at the Stifel 2021 Virtual Cross Sector Insight Conference

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Friday, June 4, 2021
Parsons Corporation, Strait of Messina Bridge, Parsons, New York Stock Exchange, Economy of the United States, Companies

CENTREVILLE, Va., June 04, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Stifel 2021 Virtual Cross Sector Insight Conference.

Key Points: 
  • CENTREVILLE, Va., June 04, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Stifel 2021 Virtual Cross Sector Insight Conference.
  • Chuck Harrington, Chairman and CEO, and George Ball, CFO, will participate in a fireside chat question and answer session on Tuesday, June 8, 2021, at approximately 3:20 p.m. Eastern Time.
  • This presentation will be available live via webcast on the investor relations section of Parsons website ( www.parsons.com ).
  • 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 to Present at the Jefferies Virtual IT Services Summit

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Monday, May 24, 2021
Parsons Corporation, Strait of Messina Bridge, Parsons, New York Stock Exchange, Economy of the United States, Companies

CENTREVILLE, Va., May 24, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at Jefferies Virtual IT Services Summit.

Key Points: 
  • CENTREVILLE, Va., May 24, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at Jefferies Virtual IT Services Summit.
  • Carey Smith, President and COO, and George Ball, CFO, will participate in a fireside chat question and answer session on Tuesday, May 25, 2021, at approximately 12:00 p.m. Eastern Time.
  • This presentation will be available live via webcast on the investor relations section of Parsons website ( www.parsons.com ).
  • 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 Names Jason Yaley as Chief Communications Officer

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Monday, May 10, 2021
Parsons Corporation, Strait of Messina Bridge, XE-class submarine, Parsons

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

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Monday, May 10, 2021
Companies, Economy of New York City, Economy of the United States, Parsons Corporation, Strait of Messina Bridge, Goldman Sachs, LinkedIn, Parsons, New York Stock Exchange

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

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Tuesday, May 4, 2021
Articles, United States Department of Homeland Security, Infrastructure, Parsons Corporation, Strait of Messina Bridge, LinkedIn, Critical infrastructure, Companies, Economy

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

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Thursday, April 8, 2021
Parsons Corporation, Strait of Messina Bridge, New York Stock Exchange, Conference call, Parsons, Economy of the United States, Companies, Service industries

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

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Monday, March 29, 2021
Articles, Construction, Parsons Corporation, Strait of Messina Bridge, GII, Infrastructure

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 Unleashing Artificial Intelligence to Enhance Decision Making, Solve Problems

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Tuesday, March 9, 2021
Articles, Academic disciplines, Parsons Corporation, Strait of Messina Bridge, UST, Smart city, Artificial intelligence, Science and technology

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.