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Parsons has appointed Carey Smith, president and chief operating officer (COO) at Parsons, to the company's board of directors. As president and COO, Smith leads Parsons' global operations and drives growth strategy through technology innovation. “Carey has been central to our growth and success since joining Parsons,“ said Chuck Harrington, chairman and CEO of Parsons and 2020 Wash100 Award recipient. 

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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. 

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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.

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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 brings M&A experience as the […] More
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 targeted by nation-state groups looking […] More
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 in responding to the needs […] More
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 leaders who have dedicated their […] More
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, will continue to be key […] More
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