About Parsons
Parsons is a company founded in 1944.. The company has 13,600 employees as of December 31, 2024. Parsons has completed 19 acquisitions, including ALARIS Group, Altamira Technologies and BCC Engineering. Parsons offers products and services including Command And Control, Data Processing And Analytics, and C5ISR And Electronic Warfare. Parsons operates in a competitive market with competitors including Airbus, Boeing, Lockheed Martin, Rolls-Royce and BAE Systems, among others.
- Employees 13600 as on 31 Dec, 2024
- Stage Public
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Sectors
Aerospace, Defense & MaritimeTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Parsons Corporation
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Annual Revenue
$6.75 B24.03as on Dec 31, 2024
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Net Profit
$235.05 M45.86as on Dec 31, 2024
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EBITDA
$557.38 M21.09as on Dec 31, 2024
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Latest Funding Round
$150 K (USD), Grant
Jul 01, 2013
- Investors
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Employee Count
13600
as on Dec 31, 2024
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Investments & Acquisitions
ALARIS Group
& 18 more
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IPO & Listings of Parsons
Parsons is a publicly listed company on the NYSE with ticker symbol PSN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Parsons
Parsons offers a comprehensive portfolio of products and services, including Command And Control, Data Processing And Analytics, and C5ISR And Electronic Warfare. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Systems for managing command operations in defense and infrastructure.
Tools for processing and analyzing data in security and engineering.
Solutions for command, control, and electronic warfare applications.
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Leadership Team
110 people
Software Development Team
105 people
Operations Team
21 people
Sales and Marketing
18 people
Senior Team
17 people
Human Resources and Administration
14 people
Finance and Accounting
13 people
Principal Team
13 people
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Funding Insights of Parsons
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $150,000
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First Round
First Round
(01 Jul 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2013 | Amount | Grant - Parsons | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Parsons
Parsons has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Science Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A government-backed foundation providing seed-stage investments to support small businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Parsons
Parsons has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include ALARIS Group, Altamira Technologies and BCC Engineering. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cybersecurity training and technology solutions are provided worldwide.
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2015 | ||||
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Satellite ground station hardware and software solutions are provided.
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2013 | ||||
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Electric infrastructure and maintenance services are provided by Williams Electric.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Parsons
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parsons Comparisons
Competitors of Parsons
Parsons operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airbus, Boeing, Lockheed Martin, Rolls-Royce and BAE Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial aircraft, helicopters, satellites, and launch vehicles are manufactured.
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| domain | founded_year | HQ Location |
Commercial jetliners, defense, space, and security systems are manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of global security and defense airplanes
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| domain | founded_year | HQ Location |
Luxury cars and aerospace engines are designed and manufactured.
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| domain | founded_year | HQ Location |
Aerospace and submarine security systems are manufactured by BAE Systems.
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| domain | founded_year | HQ Location |
Online platform for blockchain and smart contract cybersecurity
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Parsons
Frequently Asked Questions about Parsons
When was Parsons founded?
Parsons was founded in 1944 and raised its 1st funding round 69 years after it was founded.
Who is the current CEO of Parsons?
Charles L Harrington is the current CEO of Parsons.
How many employees does Parsons have?
As of Dec 31, 2024, the latest employee count at Parsons is 13,600.
What is the annual revenue of Parsons?
Annual revenue of Parsons is $6.75B as on Dec 31, 2024.
What does Parsons do?
Parsons was founded in 1944 and operates in the engineering and technology sectors. Professional services are delivered in areas such as cyber security, infrastructure development, and defense-related projects. Operations focus on government and commercial contracts, with expertise applied to critical systems and national security needs. Leadership is provided by Chairman and CEO Charles L. Harrington, guiding strategic initiatives across various domains.
Who are the top competitors of Parsons?
Parsons's top competitors include CertiK, Airbus and Lockheed Martin.
What products or services does Parsons offer?
Parsons offers Command And Control, Data Processing And Analytics, and C5ISR And Electronic Warfare.
Is Parsons publicly traded?
Yes, Parsons is publicly traded on NYSE under the ticker symbol PSN.
How many acquisitions has Parsons made?
Parsons has made 19 acquisitions, including ALARIS Group, Altamira Technologies, and BCC Engineering.
Who are Parsons's investors?
Parsons has 1 investor. Key investors include National Science Foundation.
What is Parsons's ticker symbol?
The ticker symbol of Parsons is PSN on NYSE.
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