Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Advertisement

Header Primary Menu

  • Issues
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Home News Industries Federal Contracting Parsons lands $618M GSA contract

Parsons lands $618M GSA contract

Centreville-based defense contractor also posts first-quarter results

Published May 6, 2021 by Jason Roop

Centreville-based Parsons Corp. has won a $618 million contract with the U.S. General Services Administration, it announced this week, bringing the company’s total contracts won since the end of the first quarter to approximately $1 billion.

The new contract covers professional services that advance the intelligence community’s global cyber and intelligence technologies for C5ISR, the U.S. Army’s Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance Center, as well as exercise, operations and information services.

Under the contract, Parsons will work with agencies including the State Department and the Office of the Director of National Intelligence. Parsons staff will provide “open-source intelligence, system engineering, integrated training, research and development, and rapid prototyping, enabling the customer’s ability to process, exploit, disseminate, and act on information against emerging and evolving threats,” according to a company release.

“Our transformative acquisitions truly created a differentiated platform to rapidly provide mission-critical intelligence solutions in support of the customer’s mission,” Paul Decker, executive vice president and general manager of Parsons’ cyber and intelligence market, said in a statement. “We look forward to working with the customer and bringing the dedicated talents of our employees to achieve mission success.”

Parsons secured six contracts during its first quarter worth more than $100 million — including a 10-year information technology contract potentially worth $12.6 billion from the Defense Intelligence Agency, announced in March.

The company highlighted the wins in its quarterly financial report May 5, noting that quarterly revenue was down 10% from the the previous year to $875 million. It attributed the decrease to the pandemic and lower pass-through revenue.

Parsons Chairman and CEO Charles “Chuck” Harrington, who is retiring as CEO in June, said in a statement that he expects growth “as we benefit from our technology solutions aligned with the Biden Administration’s infrastructure and defense priorities and as we move beyond COVID and pass-through revenue headwinds.”

Parsons, which employs more than 16,000 people, specializes in defense, intelligence, security and infrastructure engineering.

Subscribe to Virginia Business. Get our daily e-newsletter.

Related Stories

Virginia Business logo

Leidos snags $292M FAA contract

Contractor will develop real-time data display for air traffic controllers

Virginia Business logo

Reston contractor wins $135M DHS task order

AceInfo to work on FEMA system

Altamira Technologies names new CEO

Jane Chappell will lead McLean-based contractor

Trending

13th annual Best Places to Work

Report: Air taxis could land Va. $16B in new biz by 2045

Morrissey’s Petersburg casino bill fails in Senate Finance

Magical moments

Cox expands Myers’ role to East Coast

Sponsored Stories

Working at Pinnacle Financial Partners

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Advertisement

Advertisement

Trending

13th annual Best Places to Work

Report: Air taxis could land Va. $16B in new biz by 2045

Morrissey’s Petersburg casino bill fails in Senate Finance

Magical moments

Cox expands Myers’ role to East Coast

Sponsored Stories

Working at Pinnacle Financial Partners

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk