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 data for AI applications to enhance efficiency and security.

Company Stage

IPO

Employees

10,001+

Industries

Consulting, 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

  • Acquisition of BCC Engineering boosts infrastructure capabilities in the Southeast U.S.
  • Successful delivery for NOAA's TraCSS program enhances space domain solutions.
  • BlackSignal Technologies acquisition strengthens Parsons' cybersecurity and AI capabilities.

What critics are saying

  • Dependence on critical metals like antimony poses supply chain risks.
  • Competition from companies like IonQ may impact market share in defense sector.
  • Integration challenges and financial risks from BlackSignal Technologies acquisition.

What makes Parsons unique

  • Parsons specializes in national security, defense, and global infrastructure solutions.
  • The company leverages AI to enhance operations and drive innovation across industries.
  • Parsons focuses on long-term partnerships and project-based engagements with government and commercial clients.

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