About Parsons
Parsons is a company based in Washington (United States) 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.
- Headquarter Washington, United States
- 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 B (USD)24.03as on Dec 31, 2024
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Net Profit
$235.05 M (USD)45.86as on Dec 31, 2024
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EBITDA
$557.38 M (USD)21.09as 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.
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.
People of Parsons
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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
Investors in Parsons
Parsons has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Science Foundation.
| 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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Investor details for Parsons
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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.
Investment portfolio details for Parsons
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cybersecurity training and technology solutions are provided worldwide.
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Locked | Locked | 2015 | Locked | |
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Satellite ground station hardware and software solutions are provided.
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Locked | Locked | 2013 | Locked | |
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Electric infrastructure and maintenance services are provided by Williams Electric.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for Parsons
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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- Domains and locations
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Financial Statements - Parsons
Detailed financials for Parsons
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- Profit trends
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Parsons Comparisons
Peer comparison for Parsons
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- Headcount comparison
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Commercial aircraft, helicopters, satellites, and launch vehicles are manufactured.
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Commercial jetliners, defense, space, and security systems are manufactured.
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Manufacturer of global security and defense airplanes
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Luxury cars and aerospace engines are designed and manufactured.
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Aerospace and submarine security systems are manufactured by BAE Systems.
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Online platform for blockchain and smart contract cybersecurity
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Detailed competitors of Parsons
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Latest news on Parsons
Complete news archive for Parsons
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Frequently Asked Questions about Parsons
Parsons was founded in 1944 and raised its 1st funding round 69 years after it was founded.
Parsons is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Charles L Harrington is the current CEO of Parsons.
As of Dec 31, 2024, the latest employee count at Parsons is 13,600.
Annual revenue of Parsons is $6.75B as on Dec 31, 2024.
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.
Parsons's top competitors include CertiK, Airbus and Lockheed Martin.
Parsons offers Command And Control, Data Processing And Analytics, and C5ISR And Electronic Warfare.
Yes, Parsons is publicly traded on NYSE under the ticker symbol PSN.
Parsons has made 19 acquisitions, including ALARIS Group, Altamira Technologies, and BCC Engineering.
Parsons has 1 investor. Key investors include National Science Foundation.
The ticker symbol of Parsons is PSN on NYSE.