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Company

Parsons Corporation

Parsons provides design, engineering, technical services and software to the U.S. federal government and to critical infrastructure customers worldwide. ↗

HeadquartersCentreville, VA ↗
Department of War obligations$3.4 billion in prime contracts since fiscal 2022 ↗
OwnershipPublic; ESOP majority holder ↗
SharesPSN ↗

Products

  • Parsons sells C2Core, a mission planning and tasking suite that links requests, effects and operational guidance in one database. ↗
  • Parsons builds ZEUS, a laser neutralization system for force protection. ↗
  • Parsons offers DroneArmor, a counter-unmanned aircraft system that uses AI and machine learning to detect, track, identify and defeat drones. ↗
  • Parsons supplies its iNET platform for advanced traffic management systems, delivered to twenty-five state departments of transportation. ↗
  • Parsons offers TReX, a threat representative environment platform for electronic warfare test and evaluation ranges. ↗
  • Parsons offers AresNXT, a next-generation, multi-platform biometric collection solution. ↗
  • Parsons supports the Team Awareness Kit (TAK) program, which delivers situational awareness and tactical command and control; the capability came with the CTI acquisition. ↗
  • Parsons offers Automated Management Solutions, a software framework that integrates cyber capabilities and tools for military cyber operators. ↗

Customers

  • Parsons is the prime TEAMS Next contractor for the Missile Defense Agency and has supported the agency for nearly 40 years. ↗
  • Parsons has provided services to the Department of Energy for over 50 years. ↗
  • Parsons has supported the U.S. Space Force and its predecessor organizations for over 20 years. ↗
  • Parsons has supported the Washington Metropolitan Area Transit Authority for over 50 years. ↗
  • Parsons' defense customers include the military services and U.S. Special Operations Command. ↗
  • Parsons' intelligence customers include the National Geospatial-Intelligence Agency and the National Reconnaissance Office. ↗

Deals since 2020

Jan 202615

Parsons buys Altamira

Seller: ClearSky, McNally Capital, Razor’s Edge, and NIO Advisors

McLean, Virginia company delivering advanced analytics, signals intelligence (SIGINT), cyber, missile warning, and space capabilities.

intelligence communityspacecyberSource
Up to $375 millionClosed Jan 2026
Oct 202502

Parsons buys Applied Sciences Consulting

Florida-based engineering firm that specializes in water and stormwater solutions for cities, counties, and water management districts.

$28 millionClosed Oct 1, 2025
Jul 202501

Parsons buys CTI

Seller: Bluestone Investment Partners

Maryland-based all-domain technology solutions provider.

C4ISR and electronicsEW and sensorsSource
$89 millionClosed Jul 1, 2025
Feb 202504

Parsons buys TRS Group

Environmental solutions firm that specializes in remediation technology.

$36 millionClosed Jan 31, 2025
Oct 202421

Parsons buys BCC Engineering

Seller: Trivest Partners

Florida transportation engineering firm providing planning, design, and management services for transportation, civil, and structural engineering projects.

$230 millionClosed Nov 1, 2024
Jul 202430

Parsons buys BlackSignal Technologies

Seller: Razor’s Edge

Next-generation digital signal processing, electronic warfare, and cybersecurity provider built to counter near-peer threats.

EW and sensorscyberintelligence communitySource
$200 millionClosed Aug 16, 2024
Oct 202331

Parsons buys I.S. Engineers

Full-service consulting engineering firm specializing in transportation engineering, including roads and highways, and program management, located in Texas.

$12 millionClosed Oct 31, 2023
Aug 202323

Parsons buys SealingTech

Maryland-based cyber and technology company focused on defensive cyber operations, edge computing, and secure data management.

cyberintelligence communitySource
Up to $200 millionClosed Aug 23, 2023
Mar 202314

Parsons buys IPKeys Power Partners

Provides cloud-based cybersecurity and software solutions at the intersection of information and operational technology (IT and OT).

cyberSource
$43 millionClosed Apr 13, 2023
May 202223

Parsons buys Xator

Seller: Xator Holdings

Provider of mission-focused solutions addressing critical infrastructure protection, national security, and mission training requirements for the U.S. Government around the world.

C4ISR and electronicsEW and sensorsautonomy and dronesSource
$400 millionClosed May 31, 2022
Jul 202130

Parsons buys Echo Ridge

Makes position, navigation, and timing devices; modeling, simulation, test and measurement tools; and deployable software defined radio products and signal processing services.

C4ISR and electronicsEW and sensorsspaceSource
$9 millionClosed Jul 30, 2021
Jun 202110

Parsons buys BlackHorse Solutions

Provides capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations.

EW and sensorscyberintelligence communitySource
$203 millionClosed Jul 6, 2021
Oct 202029

Parsons buys Braxton

Operates in satellite operations, ground automation, flight dynamics, and spacecraft antenna simulation for the U.S. Department of War and Intelligence Community.

cyberintelligence communityspaceSource
$300 millionClosed Nov 19, 2020

The deal tracker

Other acquisitions

  • Parsons acquired Sealing Technologies, a defensive cyber and edge computing provider, for $176.0 million. ↗
  • Parsons acquired Polaris Alpha, a national security mission solutions provider, in 2018 for $489.1 million. ↗

Earnings

More

  • Parsons generated $6.4 billion in revenue in fiscal 2025. ↗

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