Parsons has entered into a definitive agreement to acquire Braxton Science & Technology Group (BSTG) and its subsidiaries for $300 million. With the purchase, Parsons will enhance its solutions, products and capabilities across the space, cyber and intelligence markets. BSTG has a large portfolio of commercial off-the-shelf (COTS) products and government off-the-shelf products, which have provided mission critical solutions across spacecraft ground control and spacecraft integration. 

Parsons CEO and Chairman Chuck Harrington has been appointed to the board of directors at Quality of Life Plus, a nonprofit organization that aims to improve the lives of wounded military veterans through innovation.

Parsons has announced financial results for the first quarter that ended March 31, reporting revenue increases, strong revenue growth and net income increases, the company reported on Wednesday.

The Employer Support of the Guard and Reserve’s North Carolina committee has honored Chuck Harrington, CEO at Parsons and 2020 Wash100 Award winner, with the Patriot Award.

Parsons has decided to transfer its corporate headquarters from Pasadena, Calif., to the Washington, D.C. area in line with the company’s growth efforts in critical infrastructure, intelligence and defense markets. Chuck Harrington, chairman and CEO of Parsons, said in a statement published Thursday the move seeks to support the company’s concentration of employees in the Washington capital region and is driven by investments, acquisitions and other strategic actions in the past decade.

Harry McMahon, a former executive chairman at Bank of America Merrill Lynch, has joined the board of directors at Parsons. The 32-year investment banking veteran has assisted corporations and institutions in strategic and financial activities that have include mergers and acquisitions, Parsons said Tuesday. Parsons Chairman and CEO Chuck Harrington said McMahon …

FireEye and Parsons have partnered to develop a portfolio of technology and service offerings designed to minimize security risks in physical and cyber systems. The alliance seeks to combine FireEye’s threat intelligence and information technology protection services with Parsons’ critical infrastructure management expertise, FireEye said Monday. “Critical infrastructure providers are …

Parsons has formed five business units under a new program that seeks to create growth opportunities for the company and help with the delivery of services to clients. Chuck Harrington, Parsons’ chairman and CEO, said Monday the Forward “initiative is an important step in enhancing the effectiveness of our company, making us more agile …

Chuck Harrington — chairman, CEO and president of Parsons — has been inducted into the National Academy of Construction. Parsons said Monday Harrington will join 26 other inductees for 2015 at NAC, which was founded in 1999 to recognize the industry leaders’ contributions to the construction and engineering sector. NAC “is comprised of …

Donald D. Graul, formerly executive vice president of design-build construction at Parsons Construction Group, has been promoted to president of the firm’s division. Parsons said Monday Graul will succeed Garry Higdem and oversee the company’s construction business in North America. “His strong industrywide relationships… expertise in strategy development and team building, …

Parsons unveiled Friday a new cyber hub in Virginia that is intended to support commercial and government customers who aim to secure their operating environments. The Cyber Solutions Center is located at the firm’s Centreville office campus and houses a laboratory for Parsons technologists to emulate, test and demonstrate customer …

Parsons has established a new infrastructure division that will integrate the company’s contracts, customer base and resources on the public and private infrastructure markets in the Mideast and Africa into a single business unit. Chuck Harrington, Parsons chairman and CEO, noted Wednesday that the company will continue building on its business …

Jeanne Johns, head of safety and operational risk at BP‘s refining and marketing businesses, has been appointed to the board of directors at Parsons Corp. The 25-year BP veteran also has chaired a joint venture between BP and two China-based energy companies and holds a background in international business development, Parsons …

Brent Harvey, a 23-year veteran at Parsons and former global business development director for its environment and infrastructure business, has been named the company’s manager of internal audit. Harvey will oversee the management and operations of Parsons’ internal audit department out of the company’s office in Charlotte, North Carolina, Parsons said Thursday. “Brent …

Garry Higdem has joined Parsons as construction group president and will oversee the company’s infrastructure operations in North America. The four-decade industry veteran recently served as CEO and president of a multinational company that offers engineering, consulting, program management and design-build services, Parsons said Wednesday. Chuck Harrington, Parsons CEO and …