# Parsons Corporation

> Parsons combines engineering and program management with software, cybersecurity, intelligence, and defense technology. Its government and commercial customers hire it to design, integrate, modernize, and protect infrastructure and mission systems around the world.

- **Founded:** 1944
- **Headquarters:** Chantilly, United States
- **Founders:** Ralph M. Parsons (Founder)
- **Products:** iNET Smart Mobility Platform, Program and construction management, Cyber, intelligence, and electronic warfare, Space and missile defense, Environmental remediation and water engineering
- **Notable:** Parsons-led joint venture delivered project and construction management for three of Riyadh Metro’s six lines., Won 15 contracts valued at $100 million or more during 2025., Announced completion of a PFAS soil prototype and receipt of a Defense Innovation Unit Success Memo in October 2026.

## Products & services

- **iNET Smart Mobility Platform** — Advanced transportation management software, offered through licensing and SaaS arrangements, with implementation and support. Integrates road devices, operational data, and incident workflows.
- **Program and construction management** — Planning, delivery coordination, construction oversight, testing, and commissioning for transport and other infrastructure programs.
- **Cyber, intelligence, and electronic warfare** — Mission engineering, cyber operations, signals intelligence, analytics, and electronic warfare technologies for defense and intelligence customers.
- **Space and missile defense** — Systems engineering, integration, mission support, and related technical services for government space and missile defense programs.
- **Environmental remediation and water engineering** — Contaminated-site investigation and remediation, PFAS treatment, water and wastewater engineering, and infrastructure resilience.
- **PeARL** — Electro-optical airborne camera systems for high-resolution imagery; related PeARL Flash software generates 3D models from imagery.

## Achievements

- Parsons-led joint venture delivered project and construction management for three of Riyadh Metro’s six lines.
- Won 15 contracts valued at $100 million or more during 2025.
- Announced completion of a PFAS soil prototype and receipt of a Defense Innovation Unit Success Memo in October 2026.

## Latest updates

- **2026-10** — Announced DIU Success Memo for PFAS soil remediation on October 21; third-quarter earnings scheduled for October 28, after this profile’s research date.
- **2026-07** — Q2 included $118 million in charges relating to portfolio actions and a joint venture; annual guidance was reduced.
- **2026-07** — Announced a $33 million statewide NYSDOT iNET deployment.
- **2026-01** — Acquired Altamira for $330 million at closing plus a contingent $45 million earnout.

## Links

- Website: https://www.parsons.com/
- LinkedIn: https://www.linkedin.com/company/parsons/
- Twitter/X: https://twitter.com/parsonscorp
- YouTube: https://www.youtube.com/user/ParsonsCorp
- Instagram: https://www.instagram.com/parsonscorporation/
- Facebook: https://www.facebook.com/parsonscorporation

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Profile page: https://yespress.io/parsons-corporation
Published by YesPress — https://yespress.io
Last updated: 2026-10-22