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 work involves systems and software engineering, quality assurance, compliance, and security. Parsons stands out from competitors by focusing on long-term partnerships and project-based engagements, ensuring high-value solutions for complex challenges. The goal is to enhance the efficiency and security of operations through the use of artificial intelligence, preparing large-scale data for AI applications and maintaining the integrity of vital systems.

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

  • Growing demand for AI-driven cybersecurity solutions boosts Parsons' market potential.
  • Expansion of 5G networks offers new opportunities for Parsons' infrastructure projects.
  • Rising investments in smart city technologies align with Parsons' strategic focus.

What critics are saying

  • Loss of key personnel like L. Roger Mason may impact strategic initiatives.
  • Increased competition in engineering could challenge Parsons' market position.
  • Reliance on government contracts exposes Parsons to geopolitical risks.

What makes Parsons unique

  • Parsons excels in AI-driven solutions for national security and infrastructure projects.
  • The company has a strong track record with government contracts and long-term partnerships.
  • Parsons' expertise in systems engineering and compliance sets it apart in the industry.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Flexible Work Hours

Employee Stock Ownership Plan

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