Parsons Corporation

Parsons Corporation provides design, engineering, and technical services, as well as smart and agile software solutions. The company serves the United States federal government and critical infrastructure customers globally. Its business is organized into two segments: Federal Solutions and Critical Infrastructure. The Federal Solutions segment offers technologies in cyber, air and missile defense, intelligence, aviation modernization, electronic warfare, space ground systems, and more. It also provides software, hardware, and technical expertise for areas like satellite ground systems, data fusion, directed energy, and full-spectrum cyber operations. The Critical Infrastructure segment develops digital solutions for aviation, rail and transit, bridges, roads, highways, and urban destinations, along with planning and engineering services for complex infrastructure projects.

Parsons Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol PSN. The company trades in United States Dollars (USD), as it is based in the United States. Being listed on the NYSE, one of the world's largest stock exchanges, provides liquidity and visibility to investors globally.

Parsons Corporation operates in the Technology sector, specifically within the Information Technology Services industry. This classification reflects the company's focus on providing advanced technology solutions, including engineering, technical services, and software development. The Information Technology Services industry encompasses companies that offer IT consulting, systems integration, and managed services, which aligns with Parsons' offerings to federal and critical infrastructure clients.

Parsons Corporation primarily serves the United States federal government and critical infrastructure customers globally. Its Federal Solutions segment caters to defense and intelligence agencies, offering capabilities in cyber, missile defense, intelligence, and space systems. The Critical Infrastructure segment focuses on domestic and international projects involving aviation, rail, transit, bridges, roads, highways, and urban development. While the company is headquartered in the United States, its global reach includes projects in various countries, particularly in infrastructure and security domains.

Parsons Corporation generates revenue through two main segments: Federal Solutions and Critical Infrastructure. The Federal Solutions segment earns revenue by providing advanced technologies, software, hardware, and technical expertise to U.S. government agencies. This includes contracts for cyber operations, missile defense, intelligence, and space systems. The Critical Infrastructure segment generates revenue by developing digital solutions and providing planning, engineering, and management services for large infrastructure projects such as bridges, tunnels, roads, highways, and water systems. The company's diverse portfolio allows it to secure long-term contracts with government and commercial clients.