Earnings summaries and quarterly performance for PARSONS.
Executive leadership at PARSONS.
Board of directors at PARSONS.
CM
Christian Mitchell
Detailed
Director
DM
Darren McDew
Detailed
Director
DW
David Wajsgras
Detailed
Director
EL
Ellen Lord
Detailed
Director
GB
George Ball
Detailed
Director
HM
Harry McMahon
Detailed
Director
LL
Letitia Long
Detailed
Director
MH
Mark Holdsworth
Detailed
Director
SL
Steven Leer
Detailed
Lead Independent Director
SV
Suzanne Vautrinot
Detailed
Director
Research analysts who have asked questions during PARSONS earnings calls.
AJ
Andrew J. Wittmann
Robert W. Baird & Co.
4 questions for PSN
Also covers: ABM, ACM, APG +17 more
SK
Sheila Kahyaoglu
Jefferies
4 questions for PSN
Also covers: , AAL, BA +35 more
Tobey Sommer
Truist Securities, Inc.
4 questions for PSN
Also covers: AMN, AMTM, ASGN +26 more
AD
Alexander Dwyer
KeyBanc Capital Markets
3 questions for PSN
Also covers: EME, FIX, PRIM
LD
Louie DiPalma
William Blair
3 questions for PSN
Also covers: AIR, ASTS, AVAV +16 more
NP
Noah Poponak
Goldman Sachs
3 questions for PSN
Also covers: AMTM, BA, CACI +22 more
GK
Gautam Khanna
TD Cowen
2 questions for PSN
Also covers: ASLE, ATI, BA +20 more
Joshua Sullivan
The Benchmark Company
2 questions for PSN
Also covers: ACHR, AIR, ATI +13 more
MP
Mariana Perez Mora
Bank of America
2 questions for PSN
Also covers: AMTM, BAH, CACI +8 more
Cv
Cai von Rumohr
TD Cowen
1 question for PSN
Also covers: BA, BAH, EVEX +5 more
JS
Jonathan Siegmann
Stifel Financial Corp.
1 question for PSN
Also covers: AVAV, BAH, CACI +7 more
Samantha Stiroh
Bank of America
1 question for PSN
Also covers: KBR
Recent press releases and 8-K filings for PSN.
Parsons Awarded MDA SHIELD Contract
PSN
New Projects/Investments
- Parsons Corporation (NYSE: PSN) was awarded a contract for the Missile Defense Agency (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ).
- The contract has a ceiling of $151 billion.
- This contract is designed to facilitate the rapid delivery of innovative capabilities to the warfighter with increased speed and agility.
3 days ago
Parsons Awarded $30 Million Contract for SDA Blackjack Space Mission
PSN
New Projects/Investments
- Parsons Corporation (NYSE: PSN) has been awarded a $30 million contract by the U.S. Space Development Agency (SDA).
- This new contract enhances a previous $11 million contract from 2021 by DARPA for the Blackjack flight demonstration.
- Parsons will provide comprehensive Blackjack mission operations, utilizing its OrbitXChange™ platform and Ground Operations Center as-a-Service commercial solution.
- The company will also offer integrated mission support capabilities, including advanced experimentation and operational planning services, to enhance satellite operations and global coverage.
3 days ago
Parsons Awarded Contract Exceeding $100 Million for Munitions Facility
PSN
New Projects/Investments
- Parsons Corporation (NYSE: PSN) has been awarded a task order exceeding $100 million by Nammo.
- The contract is for providing design and program and construction management for a new rocket motor manufacturing facility in Perry, Florida.
- This initiative supports the Department of War’s Acquisition Transformation Strategy by expanding the U.S. munitions production capacity and strengthening supply chain resilience.
- The contract encompasses a two-year construction period and represents new work for Parsons.
6 days ago
Parsons Awarded Seat on $15 Billion U.S. Air Force Contract
PSN
New Projects/Investments
Revenue Acceleration/Inflection
- Parsons Corporation (NYSE: PSN) was awarded a seat on the U.S. Air Force Comprehensive Construction & Engineering Multiple Award Task Order Contract (MATOC).
- This contract has a $15 billion ceiling value and includes an initial five-year ordering period with five one-year options.
- Under the contract, Parsons will compete for task orders to provide services for the design and construction management of new facilities, as well as the maintenance, renovation, and restoration of existing infrastructure globally.
- The scope encompasses various critical infrastructure projects, including administrative facilities, airfields, and utilities, to enhance military installations' operational demands.
- This award further positions Parsons for continued U.S. Air Force work, building on other contracts awarded in 2025, such as a $1.5 billion AFCEC Environmental Services Contract.
7 days ago
Parsons Secures $88 Million Air Base Air Defense Contract
PSN
New Projects/Investments
- Parsons Corporation has been awarded an $88 million single-award Task Order contract over three years to support the U.S. Air Forces in Europe - Air Forces Africa (USAFE-AFAFRICA) Air Base Air Defense (ABAD) mission at Ramstein Air Base, Germany.
- This award brings the company’s total value under the ABAD contract to $192 million in 2025.
- The company will deliver comprehensive solutions including advanced equipment procurement, systems integration, specialized operator training, and ongoing technical support and maintenance.
- This new work reinforces Parsons' existing 10-year Indefinite Delivery Indefinite Quantity single award contract valued at $953 million, which was received in 2021.
Dec 10, 2025, 11:30 AM
Parsons Highlights Strong Organic Growth, Strategic Market Opportunities, and Capital Allocation Plans
PSN
Guidance Update
New Projects/Investments
Share Buyback
M&A
- Parsons anticipates 14% total growth and 9% organic growth for the current year (2025), with expectations of mid-single digits or better organic growth into 2026, positioning itself as an industry leader in organic growth across both segments.
- The confidential contract, which contributed approximately $355 million this year, is winding down and is expected to conclude by February 2026, with minimal impact remaining in Q4 2025 and early 2026.
- Significant growth drivers include Critical Infrastructure (double-digit growth in North America and the Middle East, supported by major government spending and projects like the IIJA and $1.5 trillion in Middle East initiatives), border security, Golden Dome missile defense work, and cyber programs, including the $500 million Joint Cyber Hunt Kit program.
- The company has demonstrated consistent financial strength with a book-to-bill ratio greater than 1.0 since its IPO, and has expanded margins by 50 basis points in each of the last two years, with further expansion anticipated in the coming year.
- Parsons plans to increase share repurchases in Q4, with $185 million remaining from a $250 million authorization, while continuing to pursue two to four acquisitions annually to drive further growth and margin expansion.
Dec 9, 2025, 3:40 PM
Parsons Provides Growth Outlook and Capital Allocation Update
PSN
Guidance Update
New Projects/Investments
Share Buyback
- Parsons anticipates 14% total growth and 9% organic growth for the current year, excluding the Confidential Contract, which was $355 million this year and is expected to diminish significantly by February of next year.
- The company expects mid-single digits or better organic growth in 2026 and has achieved margin expansion of 50 basis points last year and an additional 50 basis points this year, with further expansion anticipated next year.
- Key growth areas include Critical Infrastructure (North America and Middle East), border security, Golden Dome, cyber, and the $40 billion addressable market for PFOS/PFAS remediation.
- Parsons maintains a strong book-to-bill ratio, consistently above 1.0 since its IPO, and has $185 million remaining for share repurchases as of the end of Q3, with plans for increased activity in Q4.
Dec 9, 2025, 3:40 PM
Peraton Selected for US Air Traffic Control System Overhaul
PSN
New Projects/Investments
- Peraton Inc. has been selected as the Prime Integrator for a comprehensive $12.5 billion overhaul of the U.S. air traffic control system, with implementation targeted by 2028.
- This modernization project, described as the most important aviation infrastructure update in decades, will replace aging core infrastructure to enhance safety and efficiency across the National Airspace System.
- Initial phases will focus on transitioning from copper to modern fiber infrastructure and establishing a new digital command center, emphasizing automation and new technology integration.
- The FAA anticipates the total cost of the project could reach over $30 billion.
Dec 5, 2025, 4:21 AM
Parsons Provides Update on Growth Outlook, Key Programs, and M&A
PSN
Guidance Update
New Projects/Investments
M&A
- Parsons expects its Federal Solutions segment to achieve mid-teens growth in Q4, with core federal business projected for mid-single digit or better growth in 2026, despite a $350 million headwind from a confidential contract in 2025.
- The company anticipates an imminent award for the $12.5 billion FAA modernization program, with an additional $19 billion needed over the last seven years, and expects the contract's margins to be in line with its federal business.
- The Critical Infrastructure business has demonstrated robust performance, achieving over three consecutive quarters of greater than 10% margin and 20 consecutive quarters of greater than 1.0 book-to-bill. Year-to-date CI margins reached 10.3%, an increase from 7% last year.
- M&A is the primary capital deployment strategy, with three acquisitions completed in 2025 targeting companies with 10% organic revenue growth and 10% EBITDA margin, typically acquired at 9 to 13 times EBITDA.
- The water and environment business, representing 15% of total company revenue, is the fastest-growing and most profitable part of critical infrastructure, with a $40 billion addressable market in PFAS elimination.
Dec 3, 2025, 7:10 PM
Parsons Discusses Strong Growth Drivers, M&A Strategy, and Market Alignment
PSN
New Projects/Investments
Revenue Acceleration/Inflection
M&A
- Parsons' portfolio is well-aligned with significant government funding, including $160 billion for border security, $25 billion for Golden Dome, $21 billion for Indo-Pacom, and $12.5 billion for Federal Aviation Modernization.
- The Federal Solutions segment anticipates mid-teens growth for Q4 2025 and mid-single digit or better growth for its core business in 2026, despite a $350 million contribution from a confidential contract in 2025 creating a first-half 2026 headwind.
- The Critical Infrastructure business has demonstrated strong performance with over three consecutive quarters of greater than 10% margin and 20 consecutive quarters of greater than 1.0 book-to-bill, driven by the Infrastructure Investment and Jobs Act and Middle East spending. Its year-to-date margin is 10.3%, up from 7% last year.
- M&A remains the number one use of capital deployment, with Parsons having acquired 16 companies since 2017, including three in 2025, targeting companies with over 10% organic revenue growth and 10% EBITDA margins at 9 to 13 times EBITDA.
- The water and environment business, which constitutes 15% of total company revenue, is the fastest growing and most profitable part of critical infrastructure, with the PFAS market alone representing a $40 billion addressable opportunity for Parsons.
Dec 3, 2025, 7:10 PM
Quarterly earnings call transcripts for PARSONS.
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