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 has received a potential five-year, $28M task order to update an enterprise cybersecurity program that works to protect Department of Defense networks against zero-day and advanced persistent threats.

Parsons has received a $40M contract from the U.S. Air Force to provide mine-resistant ground vehicles to support the service branch’s efforts to deploy a laser-based system for clearing airfields of mines and unexploded weapons.

Parsons is scheduled to receive three task orders worth $69M combined later this year to update software applications and perform mission support for the Air Force Research Laboratory.

DZSP 21, a joint venture between PAE and Parsons Corporation, has been awarded a potential $545 million facility and base operating support services contract by the Naval Facilities Engineering Command, Pacific, at Joint Region Marianas, Guam, PAE reported on Friday. Under the contract award, DZSP 21 will utilize its innovative approach to provide continuous improvement in responsive and transparent operations support.

The Department of Defense has recognized Parsons' Polaris Alpha Advanced Systems subsidiary with the James S. Cogswell Industrial Security Achievement Award for its compliance with requirements under the National Industrial Security Program.

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 and San Diego-based technology company Neology have partnered to explore business opportunities across the  mobility, critical infrastructure and transportation sectors. The company said Tuesday it will help government entities promote infrastructure safety and access more tolling options through the partnership.

Parsons and nonprofit Fraunhofer USA have partnered to produce a biosensor designed to directly detect the coronavirus that has been causing the COVID-19 disease.

Carey Smith, president and chief operating officer of Parsons and a two-time Wash100 awardee, told Government Matters in an interview posted Tuesday about how companies leverage innovative technologies to help agencies respond to the coronavirus pandemic.

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.

Parsons has created a set of products that allow organizations to remotely monitor public health amid the COVID-19 pandemic.

Parsons has won a two-year, $32M contract from the U.S. Intelligence Community to evaluate and protect critical infrastructure and various systems worldwide.

Parsons has received two contract options worth $30.5M combined from the U.S. Army Corps of Engineers to continue rehabilitation efforts at the Bucholz Army Airfield on Kwajalein Atoll in the Marshall Islands.

Parsons has secured a spot on a utility monitoring and control systems $1.2B indefinite delivery/indefinite quantity contract through the U.S. Army Corps of Engineers’ Engineering and Support Center to provide maintenance services, the company announced on Tuesday.