Parsons Corporation

Parsons Corporation
Company typePublic
Industry
  • Security
  • Defense
  • Intelligence
  • Technology
  • Critical Infrastructure
Founded1944 (1944) in California, United States (as Ralph M. Parsons Company)
FounderRalph M. Parsons
HeadquartersChantilly, Virginia, U.S.
Area served
Worldwide
Key people
  • Carey Smith (CEO)
  • Matt Ofilos (CFO)
Revenue US$5.44 billion (2023)
US$288 million (2023)
US$161 million (2023)
Total assets US$4.80 billion (2023)
Total equity US$2.38 billion (2023)
Number of employees
approx. 18,500 (December 31, 2023)
Websiteparsons.com
Footnotes / references

Parsons Corporation is an American multinational technology-focused defense, intelligence, and infrastructure engineering firm. Founded in 1944, Parsons is headquartered in Chantilly, Virginia, and serves both government and private sector organizations in more than 30 countries.

Parsons operates in two primary segments: Federal Solutions and Critical Infrastructure. The company provides services in various sectors including cybersecurity, intelligence, defense, transportation, environmental remediation, and urban development. As of 2023, Parsons employs approximately 18,500 professionals worldwide.

Parsons became a public company after its initial public offering (IPO) in 2019. It was included in the Fortune 1000 in 2020 and added to the S&P 400 in 2024.

The company is led by Carey Smith, who serves as Chairwoman, President, and CEO.