Parsons Corporation Overview
Pro stress-test →Parsons is a disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. The company operates two primary segments: Federal Solutions serving the U.S. government and Critical Infrastructure serving public and private customers worldwide.
Strategic Profile
Pro stress-test →In FY25, Parsons generated $6.4B in revenue with record adjusted EBITDA of $609M and a 9.6% margin, demonstrating strong operational performance despite revenue headwinds. The company benefits from long-term government spending on defense modernization and infrastructure while winning critical contracts in emerging domains like counter-UAS and biometric systems.
Competitive Landscape
Pro stress-test →Parsons competes in national security and global infrastructure markets against diversified defense contractors and infrastructure specialists. Primary competitors include Booz Allen Hamilton, Lockheed Martin, and Raytheon in federal solutions; Jacobs, WSP, and AECOM in critical infrastructure engineering.
Industry Context
Parsons Corporation operates in Defense Contracting & Critical Infrastructure Engineering.
Key facts
Founded: 1944 · Headquarters: Chantilly, Virginia · Revenue: $6.4B · Market cap: $4.1B