Parsons Corporation Market Research Report

Company Overview

Name

Parsons Corporation

Mission of the Company

To deliver innovative infrastructure and defense solutions through digital transformation and technology-driven solutions in alignment with evolving global security, infrastructure, and sustainability needs.

Founding Information

Founded: 1944

Key People in the Company

Carey Smith: Chair, President, and Chief Executive Officer

Susan Balaguer: Chief Human Resources Officer

Paul Decker: Chief Growth Officer

Mark Fialkowski: President, Infrastructure North America

Michael Kolloway: Chief Legal Officer

Mike Kushin: President of Defense and Intelligence (D&I)

Ricardo Lorenzo: Chief Technology Officer

Jon Moretta: President, Engineered Systems

Matt Ofilos: Chief Financial Officer

Pierre Santoni: President, Infrastructure EMEA

Tim Schmitt: Chief Development Officer

Wendy Van Wickle: Chief Business Operations Officer

Jason Yaley: Chief Corporate Affairs Officer

Headquarters

Location: Not explicitly mentioned, but has significant operations across the United States and in various global locations including Canada and the Middle East.

Number of Employees

Approximate employee count: 18,000+

Revenue of the Company

No information is available.

What is the Company Known For

Parsons Corporation is recognized for providing digitally enabled solutions for defense, intelligence, national security, and critical infrastructure markets. Known for its cutting-edge technology, Parsons delivers tomorrow's solutions today with an innovative and agile approach, emphasizing the breadth of services from global infrastructure to advanced defense solutions.

Products

Overview

Parsons Corporation offers a wide range of products, primarily in national security, infrastructure, intelligence, and transportation markets. These solutions embrace cutting-edge technology to meet the complex challenges faced by their clients.

Key Products

1. GOCaaS (Ground Operations Center as a Service): An innovative commercial spacecraft operations center.
2. Qp3™: An advanced mobile network measurement tool designed for mobile devices.
3. iNET®: An AI-enabled smart mobility solution for improved logistics and traffic management.
4. Ace CtrlPoint™: Integrated command and control software for space vehicles and ground stations.

Key Features

Advanced Analytics: AI-enabled tools enhance decision-making and optimize operational efficiency.

Security and Defense Solutions: Sophisticated security measures protect national and private infrastructures.

Smart Mobility and Infrastructure: Solutions for intelligent transportation systems and smart city implementations.

Environmental and Infrastructure Solutions: Leading projects like PFAS investigation and remediation, environmental planning, and large-scale infrastructure management.

Recent Developments

New Products and Features

iNET® Update: Enhancements with AI capabilities released in August 2024.

Key Defense Contracts: Secured positions on new defense threat reduction agency contracts.

Strategic Initiatives

Acquisition Activities: Integration of acquired companies to enhance critical infrastructure and defense business units.

Sustainability and ESG Efforts: Improvements in environmental solutions, leveraging sustainable methodologies in existing and new projects.

Partnerships

NEOM (Oxagon): Supporting Saudi Arabia's futuristic industrial city project to redefine urban living.

FIFA 2022 Planning: Provided advanced transportation design and operations planning for the Qatar FIFA World Cup.

Conclusion

Parsons Corporation remains a leader in global infrastructure and national security through innovative technology-focused solutions. Emphasizing sustainable operations and strategic global partnerships, Parsons is equipped to address tomorrow's complex challenges today. The company's dedication to integrating advanced AI and smart mobility solutions continues to drive its growth and market position.