# PARSONS CORP

Summary updated: 2026-10-02T13:26:05.027037Z
Canonical: https://finbar.com/research/companies/parsons-corp

## Overview

Parsons Corporation is a technology-focused engineering, systems integration, and infrastructure services company serving national security, critical infrastructure, and digital transformation markets. Its two core business segments are Federal Solutions and Critical Infrastructure. [1](https://app.finbar.com/go?id=P100844226)[2](https://app.finbar.com/go?id=P86893752)

Federal Solutions supports government missions with capabilities including cyber, intelligence, air and missile defense, space systems, and border security. Critical Infrastructure provides planning, design, engineering, and program management services, as well as digital solutions for transportation, water, and environmental projects. [3](https://app.finbar.com/go?id=P19072850)[4](https://app.finbar.com/go?id=P117643393)[5](https://app.finbar.com/go?id=P36946509)[6](https://app.finbar.com/go?id=P92926495)

Founded in 1944, Parsons states that its mission is to use innovative technologies to deliver integrated solutions “at the speed of relevance.” The company operates in more than 30 countries and reports over 20,000 employees. [7](https://www.parsons.com/timeline/)[8](https://www.parsons.com/our-values/)[9](https://www.parsons.com/global/)

For the year ended December 31, 2025, Parsons reported revenue of $6.364 billion. [10](https://app.finbar.com/go?id=T5927136)
[1](https://app.finbar.com/go?id=P100844226)[2](https://app.finbar.com/go?id=P86893752)[3](https://app.finbar.com/go?id=P19072850)[4](https://app.finbar.com/go?id=P117643393)[5](https://app.finbar.com/go?id=P36946509)[6](https://app.finbar.com/go?id=P92926495)[7](https://www.parsons.com/timeline/)[8](https://www.parsons.com/our-values/)[9](https://www.parsons.com/global/)[10](https://app.finbar.com/go?id=T5927136)[7](https://www.parsons.com/timeline/)[8](https://www.parsons.com/our-values/)[9](https://www.parsons.com/global/)

## Products & services

Parsons develops cyber, electronic-warfare, geospatial, and defense-related products and systems. Its Automated Management Solutions (AMS) software framework integrates cyber capabilities, tools, and infrastructure for military cyber operators, while other platforms support network analysis and defensive vulnerability assessments. The Threat Representative Environment (TReX®) models and simulates signals for RF ranges and test centers; related capabilities include cellular surveys, AI/ML signal identification, and integrated RF/cyber effects. Its iNET™ traffic-management systems support arterials, smart intersections, airport landside operations, ports, and tolling. The PeARL sensor family combines cameras, optics, and software to create high-resolution 2D and 3D aerial imagery. [11](https://app.finbar.com/go?id=P15220100)[12](https://app.finbar.com/go?id=P18340256)[13](https://app.finbar.com/go?id=P101273889)[14](https://app.finbar.com/go?id=P87871703)

Its services include defense and intelligence work in areas such as integrated air and missile defense, aviation modernization, space ground systems, geospatial and signals intelligence, counter-UAS, and critical-infrastructure protection. Space capabilities include satellite-ground-system operations, flight dynamics, data fusion and analytics, system integration, and command-and-control support. For infrastructure clients, Parsons provides planning, engineering, design, program management, and digital solutions across transportation, water and wastewater, environmental remediation, and urban development. Technical offerings include digital twins, cloud and cyber solutions, intelligent transportation systems, vehicle-inspection analytics, EV infrastructure, autonomous-vehicle integration, and rail systems engineering. [3](https://app.finbar.com/go?id=P19072850)[15](https://app.finbar.com/go?id=P45028020)[16](https://app.finbar.com/go?id=P37569386)[17](https://app.finbar.com/go?id=P114324130)[4](https://app.finbar.com/go?id=P117643393)[18](https://app.finbar.com/go?id=P37072951)[19](https://app.finbar.com/go?id=P112305140)[20](https://app.finbar.com/go?id=P21261149)

Parsons reports revenue by business segment rather than by individual product. In FY2025, Federal Solutions generated $3.221 billion, or about 50.6% of revenue, and Critical Infrastructure generated $3.143 billion, or about 49.4%. Within those segments, Defense & Intelligence accounted for $1.873 billion (about 29.4%), Engineered Systems $1.348 billion (about 21.2%), Infrastructure—North America $1.973 billion (about 31.0%), and Infrastructure—EMEA $1.170 billion (about 18.4%). [21](https://app.finbar.com/go?id=T11753470)
[11](https://app.finbar.com/go?id=P15220100)[12](https://app.finbar.com/go?id=P18340256)[13](https://app.finbar.com/go?id=P101273889)[14](https://app.finbar.com/go?id=P87871703)[3](https://app.finbar.com/go?id=P19072850)[15](https://app.finbar.com/go?id=P45028020)[16](https://app.finbar.com/go?id=P37569386)[17](https://app.finbar.com/go?id=P114324130)[4](https://app.finbar.com/go?id=P117643393)[18](https://app.finbar.com/go?id=P37072951)[19](https://app.finbar.com/go?id=P112305140)[20](https://app.finbar.com/go?id=P21261149)[21](https://app.finbar.com/go?id=T11753470)

## Geographic presence

Parsons operates in the United States and internationally, with its official global overview describing a presence in more than 30 countries. Its FY2025 reporting identifies operations in Oman, Qatar, Saudi Arabia and the United Arab Emirates; company materials also identify locations including Toronto, Paris, Riyadh, Dubai and Abu Dhabi. [9](https://www.parsons.com/global/)[22](https://app.finbar.com/go?id=P5599168)[5](https://app.finbar.com/go?id=P36946509)

The company does not report FY2025 revenue by country or geographic region; its report presents results by business segment instead. It does report that contracts with the U.S. federal government generated about 51% of 2025 revenue, a measure of customer exposure rather than revenue by place of operation. [2](https://app.finbar.com/go?id=P86893752)[23](https://app.finbar.com/go?id=P71576038) Parsons reported more than 20,000 employees globally and nearly 7,000 in GCC countries in May 2025; its EMEA page separately describes a workforce of more than 8,000. [24](https://www.parsons.com/2025/05/parsons-portfolio-experience-and-strength-as-a-global-infrastructure-leader-shines-as-u-s-president-visits-middle-east/)[25](https://www.parsons.com/emea/) The company lists offices through its locations directory and announced a regional headquarters in Riyadh in 2024. [26](https://www.parsons.com/locations/)[27](https://www.parsons.com/2024/03/new-chapter-begins-with-regional-headquarters-opening-in-saudi-arabia/)
[22](https://app.finbar.com/go?id=P5599168)[5](https://app.finbar.com/go?id=P36946509)[2](https://app.finbar.com/go?id=P86893752)[23](https://app.finbar.com/go?id=P71576038)[9](https://www.parsons.com/global/)[24](https://www.parsons.com/2025/05/parsons-portfolio-experience-and-strength-as-a-global-infrastructure-leader-shines-as-u-s-president-visits-middle-east/)[25](https://www.parsons.com/emea/)[26](https://www.parsons.com/locations/)[27](https://www.parsons.com/2024/03/new-chapter-begins-with-regional-headquarters-opening-in-saudi-arabia/)

## Business segments

Parsons reports two operating and reportable segments: **Federal Solutions** and **Critical Infrastructure**. For fiscal 2025, Federal Solutions generated $3,220.8 million, approximately **50.6%** of total revenue of $6,364.2 million. It provides technology and mission-focused services primarily to U.S. government customers, including cybersecurity, intelligence, air and missile defense, space systems, aviation modernization, remediation, and border security [28](https://app.finbar.com/go?id=P8355584)[29](https://app.finbar.com/go?id=T5371875)[3](https://app.finbar.com/go?id=P19072850).

Critical Infrastructure generated $3,143.4 million in fiscal 2025, approximately **49.4%** of total revenue. Its work includes program management, planning, design and engineering, and owner’s-representative services for infrastructure such as aviation, rail and transit, roads, bridges, water and wastewater systems, environmental remediation, and urban development [29](https://app.finbar.com/go?id=T5371875)[4](https://app.finbar.com/go?id=P117643393)[5](https://app.finbar.com/go?id=P36946509). These percentages are calculated from the reported segment and consolidated revenue figures [29](https://app.finbar.com/go?id=T5371875). The company’s 2026 second-quarter filing continued to report these two segments [30](https://app.finbar.com/go?id=T16498683).
[28](https://app.finbar.com/go?id=P8355584)[29](https://app.finbar.com/go?id=T5371875)[3](https://app.finbar.com/go?id=P19072850)[4](https://app.finbar.com/go?id=P117643393)[5](https://app.finbar.com/go?id=P36946509)[30](https://app.finbar.com/go?id=T16498683)

## Company history

Founded in Los Angeles on June 12, 1944, by Ralph M. Parsons, the company began with a team of eight. Parsons’ work in Saudi Arabia began with airport projects in 1958, and it established a Saudi Arabian subsidiary in 1976. [7](https://www.parsons.com/timeline/)[31](https://www.parsons.com/2024/06/imagination-transformation-and-impact-80-years-of-parsons/)[27](https://www.parsons.com/2024/03/new-chapter-begins-with-regional-headquarters-opening-in-saudi-arabia/)

A major corporate milestone came in 2019, when Parsons completed its initial public offering and began trading on the New York Stock Exchange; that year it also acquired OGSystems and QRC Technologies. [32](https://app.finbar.com/go?id=P195114120)[33](https://app.finbar.com/go?id=P195114313)[34](https://www.parsons.com/2019/01/parsons-acquires-ogsystems/)

In 2021, Carey Smith became president and CEO, succeeding Charles “Chuck” Harrington, who remained executive chairman; Smith became chairwoman in 2022. [35](https://www.parsons.com/2021/04/parsons-announces-ceo-transition/)[36](https://www.parsons.com/2022/01/parsons-corporation-board-unanimously-elects-carey-smith-as-chairwoman/) Parsons expanded through acquisitions including Xator in 2022, IPKeys Power Partners and SealingTech in 2023, and BCC Engineering in 2024; it announced the BlackSignal acquisition in 2024. [37](https://www.parsons.com/2022/06/parsons-completes-acquisition-of-xator-corporation/)[38](https://www.parsons.com/2023/04/parsons-completes-acquisition-of-ipkeys-power-partners/)[39](https://www.parsons.com/2023/08/parsons-acquires-sealing-technologies-inc/)[40](https://www.parsons.com/2024/11/parsons-completes-acquisition-of-bcc-engineering/)[41](https://www.parsons.com/2024/07/parsons-to-acquire-blacksignal-technologies/) In 2025 it acquired TRS Group and Chesapeake Technology International, and in 2026 it closed its acquisition of Altamira Technologies. [42](https://www.parsons.com/2025/02/parsons-acquires-trs-group-inc/)[43](https://www.parsons.com/2025/07/parsons-acquires-chesapeake-technology-international/)[44](https://www.parsons.com/2026/01/parsons-acquires-altamira-technologies-corporation/)
[32](https://app.finbar.com/go?id=P195114120)[33](https://app.finbar.com/go?id=P195114313)[7](https://www.parsons.com/timeline/)[31](https://www.parsons.com/2024/06/imagination-transformation-and-impact-80-years-of-parsons/)[27](https://www.parsons.com/2024/03/new-chapter-begins-with-regional-headquarters-opening-in-saudi-arabia/)[34](https://www.parsons.com/2019/01/parsons-acquires-ogsystems/)[35](https://www.parsons.com/2021/04/parsons-announces-ceo-transition/)[36](https://www.parsons.com/2022/01/parsons-corporation-board-unanimously-elects-carey-smith-as-chairwoman/)[37](https://www.parsons.com/2022/06/parsons-completes-acquisition-of-xator-corporation/)[38](https://www.parsons.com/2023/04/parsons-completes-acquisition-of-ipkeys-power-partners/)[39](https://www.parsons.com/2023/08/parsons-acquires-sealing-technologies-inc/)[40](https://www.parsons.com/2024/11/parsons-completes-acquisition-of-bcc-engineering/)[41](https://www.parsons.com/2024/07/parsons-to-acquire-blacksignal-technologies/)[42](https://www.parsons.com/2025/02/parsons-acquires-trs-group-inc/)[43](https://www.parsons.com/2025/07/parsons-acquires-chesapeake-technology-international/)[44](https://www.parsons.com/2026/01/parsons-acquires-altamira-technologies-corporation/)

## Sources

1. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P100844226)
2. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P86893752)
3. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P19072850)
4. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P117643393)
5. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P36946509)
6. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P92926495)
7. [www.parsons.com](https://www.parsons.com/timeline/)
8. [www.parsons.com](https://www.parsons.com/our-values/)
9. [www.parsons.com](https://www.parsons.com/global/)
10. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=T5927136)
11. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P15220100)
12. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P18340256)
13. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P101273889)
14. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P87871703)
15. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P45028020)
16. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P37569386)
17. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P114324130)
18. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P37072951)
19. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P112305140)
20. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P21261149)
21. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=T11753470)
22. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P5599168)
23. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P71576038)
24. [www.parsons.com](https://www.parsons.com/2025/05/parsons-portfolio-experience-and-strength-as-a-global-infrastructure-leader-shines-as-u-s-president-visits-middle-east/)
25. [www.parsons.com](https://www.parsons.com/emea/)
26. [www.parsons.com](https://www.parsons.com/locations/)
27. [www.parsons.com](https://www.parsons.com/2024/03/new-chapter-begins-with-regional-headquarters-opening-in-saudi-arabia/)
28. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=P8355584)
29. [PARSONS CORP — Full financial report (2025 Y)](https://app.finbar.com/go?id=T5371875)
30. [PARSONS CORP — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16498683)
31. [www.parsons.com](https://www.parsons.com/2024/06/imagination-transformation-and-impact-80-years-of-parsons/)
32. [PARSONS CORP — Full financial report (2019 Y)](https://app.finbar.com/go?id=P195114120)
33. [PARSONS CORP — Full financial report (2019 Y)](https://app.finbar.com/go?id=P195114313)
34. [www.parsons.com](https://www.parsons.com/2019/01/parsons-acquires-ogsystems/)
35. [www.parsons.com](https://www.parsons.com/2021/04/parsons-announces-ceo-transition/)
36. [www.parsons.com](https://www.parsons.com/2022/01/parsons-corporation-board-unanimously-elects-carey-smith-as-chairwoman/)
37. [www.parsons.com](https://www.parsons.com/2022/06/parsons-completes-acquisition-of-xator-corporation/)
38. [www.parsons.com](https://www.parsons.com/2023/04/parsons-completes-acquisition-of-ipkeys-power-partners/)
39. [www.parsons.com](https://www.parsons.com/2023/08/parsons-acquires-sealing-technologies-inc/)
40. [www.parsons.com](https://www.parsons.com/2024/11/parsons-completes-acquisition-of-bcc-engineering/)
41. [www.parsons.com](https://www.parsons.com/2024/07/parsons-to-acquire-blacksignal-technologies/)
42. [www.parsons.com](https://www.parsons.com/2025/02/parsons-acquires-trs-group-inc/)
43. [www.parsons.com](https://www.parsons.com/2025/07/parsons-acquires-chesapeake-technology-international/)
44. [www.parsons.com](https://www.parsons.com/2026/01/parsons-acquires-altamira-technologies-corporation/)

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