Parsons Corporation (NYSE: PSN) is a technology-driven engineering, construction, technical and professional services firm. The company delivers end-to-end solutions that span feasibility studies, design and engineering, construction management, system integration and ongoing operations support. Parsons serves both government and commercial clients and focuses on critical infrastructure, defense, security, intelligence and environmental programs.
Core services include program and construction management for transportation systems, water and environmental infrastructure, cybersecurity and advanced systems integration. The firm also provides mission support for defense and intelligence agencies, offering capabilities such as unmanned systems, sensor and radar technologies, and secure communications networks. In the energy sector, Parsons works on oil and gas facilities, renewable energy projects and associated infrastructure.
Founded in 1944 by Ralph M. Parsons in Los Angeles, California, the company has grown into a global organization with headquarters in Chantilly, Virginia. Over its history, Parsons has expanded through key acquisitions and strategic partnerships to establish a presence across the Americas, Europe, the Middle East, Asia and Australia. Its portfolio includes major highway programs, airport developments, water treatment plants and digital modernization initiatives.
As of 2023, Parsons is led by President and Chief Executive Officer Carey A. Smith. Under this leadership team, the company continues to emphasize innovation, safety and sustainability, leveraging emerging technologies such as artificial intelligence, predictive analytics and autonomous systems to address complex challenges facing its clients worldwide.
AI Generated. May Contain Errors.
Free PSN Stock Alerts