Parsons

Parsons

Provides solutions for security and infrastructure

About

Parsons provides solutions in national security, defense, and global infrastructure. The company offers a wide range of services, including infrastructure projects and advanced technology solutions, to both government and commercial clients. Their expertise includes systems and software engineering, quality assurance, compliance, and security. Parsons focuses on delivering valuable solutions that tackle complex challenges in security and infrastructure, generating revenue through contracts with government agencies and commercial entities. A key aspect of Parsons' approach is the use of artificial intelligence to improve operations and drive innovation, ensuring the integrity of critical systems and preparing large-scale data for AI applications to enhance efficiency and security.

Company Stage

IPO

Employees

10,001+

Industries

Industrial & Manufacturing, AI & Machine Learning, Defense

Total Funding

$243.2M

Headquarters

Centreville, Virginia

Founded

1944


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Simplify's Take

What believers are saying

  • Increased demand for AI-driven threat detection boosts Parsons' national security offerings.
  • Growing interest in smart infrastructure aligns with Parsons' expertise in digital solutions.
  • U.S. government funding for cybersecurity presents opportunities for Parsons' security solutions.

What critics are saying

  • Competition from emerging tech firms threatens Parsons' defense sector market share.
  • Reliance on government contracts exposes Parsons to potential budget cuts and policy changes.
  • Geopolitical tensions in the Middle East could disrupt Parsons' project timelines and costs.

What makes Parsons unique

  • Parsons specializes in national security, defense, and global infrastructure solutions.
  • The company integrates AI to enhance operations and drive innovation across industries.
  • Parsons has a strong track record with government and commercial clients.

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