Core Viewpoint - Parsons Corporation has increased its stock repurchase authorization to $250 million, reflecting strong operating results and cash flow, while continuing to invest in growth opportunities [1][2]. Company Overview - Parsons Corporation is a leading provider of disruptive technology in national security and global infrastructure markets, with capabilities in cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection [3]. Financial Strategy - The increase in share repurchase authority demonstrates the board's confidence in the company's strategic plan and ability to deliver strong operating results and positive shareholder returns [2]. - The company emphasizes its commitment to speed and agility in meeting customer demands in the current operating environment [2]. Market Conditions - The company acknowledges that share repurchases depend on various factors, including market conditions, economic circumstances, and the availability of investment opportunities [2].

Core Points - Parsons Corporation will present at the Bank of America Global Industrials Conference in London on March 18, 2025 [1] - The presentation will feature a fireside chat with Carey Smith, chair, president, and CEO, and Matt Ofilos, CFO [1] - The event will be available live via webcast and a replay will be accessible for 30 days on the company's investor relations website [2] Company Overview - Parsons Corporation is a leading disruptive technology provider in national security and global infrastructure markets [3] - The company has capabilities in various sectors including cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection [3]

Core Insights - Sealing Technologies (SealingTech) has been awarded a contract by the Department of Defense's Defense Innovation Unit to develop the Joint Cyber Hunt Kit prototype, highlighting its role in enhancing U.S. national security through innovative cyber operations solutions [1][2]. Group 1: Company Achievements - SealingTech has successfully delivered over 500 Cyber-Fly-Away Kits since 2018, showcasing its reliability and expertise in supporting critical national security and DoD missions [2][3]. - The company emphasizes innovation, system integration, scalability, and mission-focused performance to enhance capabilities and provide tactical advantages for military operations [3]. Group 2: Strategic Focus - SealingTech aims to advance defensive cyberspace operations by collaborating closely with the DoD to meet evolving mission needs, reflecting its commitment to rapid and agile innovation [2][3]. - The company leverages its extensive experience in cyberspace to deliver cutting-edge research, engineering, and integration services, positioning itself as a trusted partner for both federal government and private enterprises [4].

Core Insights - Parsons Corporation has been recognized as one of the 2025 World's Most Ethical Companies, marking the sixteenth consecutive year of this honor [1][2][3] - The recognition highlights Parsons' commitment to ethics, integrity, and core values, which are integral to its operational culture [3][4] - The company is one of only three honorees in the Engineering Services category among 136 recognized companies across 19 countries and 44 industries [2] Company Overview - Parsons is a leading provider of disruptive technology in national security and global infrastructure markets, with capabilities in various sectors including cyber and intelligence, space and missile defense, and critical infrastructure protection [7] - The company's ethics program emphasizes employee engagement and transparency, which are foundational to its business practices [3][4] Recognition Methodology - The assessment for the World's Most Ethical Companies is based on Ethisphere's proprietary Ethics Quotient®, requiring companies to provide over 240 proof points on ethical practices, governance, and social impact [5] - A panel of experts conducts qualitative analysis on the submitted data, ensuring a rigorous evaluation process [5]

Core Points - Parsons Corporation has been recognized as one of the 2025 World's Most Ethical Companies, marking the sixteenth consecutive year of this honor [1][2] - The recognition includes 136 honorees from 19 countries and 44 industries, with Parsons being one of only three companies in the Engineering Services category [2] Company Values and Ethics - The recognition reflects Parsons' commitment to ethics, integrity, and core values, which are integral to its operational culture over its 81-year history [3] - Employee engagement and transparency at executive and management levels are central to Parsons' ethics program, setting standards for suppliers and vendors [3][4] - The company's core values and integrity are cited as primary reasons for its consistent recognition by Ethisphere [4] Methodology of Recognition - The assessment for the World's Most Ethical Companies is based on Ethisphere's proprietary Ethics Quotient®, requiring over 240 proof points on various ethical practices [5] - A panel of experts conducts qualitative analysis on the data submitted by applicants, ensuring a robust evaluation process [5] Company Overview - Parsons is a leading provider of disruptive technology in national security and global infrastructure markets, with capabilities in various sectors including cyber and intelligence, space and missile defense, and critical infrastructure protection [7]

Core Insights - Claroty has announced a partnership with SealingTech to enhance cybersecurity for operational technology (OT) and cyber-physical systems (CPS) networks, addressing the unique challenges faced by Cyber Protection Teams (CPTs) in the field [1][3] Group 1: Partnership Overview - The collaboration aims to provide tools, knowledge, and support necessary for CPTs to secure OT and CPS networks, even under demanding conditions [1] - The integrated approach enhances visibility, security, and response capabilities, ensuring effective threat hunting and mitigation for U.S. Federal government teams [2] Group 2: Challenges and Solutions - Federal cyber protection teams face challenges such as limited resources, strict operational environments, and a lack of OT expertise, which are exacerbated by increasing sophistication of cyber threats [3] - The partnership combines Claroty's asset visibility and threat detection capabilities with SealingTech's expertise in resilient solutions, facilitating swift and efficient responses to threats [3] Group 3: Company Backgrounds - Claroty is recognized as a Leader in the 2025 Gartner Magic Quadrant for CPS Protection Platforms, providing a comprehensive platform for securing mission-critical infrastructure [3] - SealingTech, a Parsons Corporation company, specializes in edge computing hardware and cybersecurity solutions, supporting both federal and private sectors [7]

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Parsons Corporation and Perpetua Resources Corp. (NASDAQ:PPTA). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. Parsons Corporation (NYSE:PSN) On February 19, 2025, Parso ...

AI-Powered Targeting Sensor Enhances Rapid and Precise Target Identification CHANTILLY, Va., March 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Air Force Civil Engineer Center, Readiness Directorate (AFCEC/CX) to integrate the next-generation ZEUS® 4 Directed Energy system onto the Joint Light Tactical Vehicle (JLTV). The ZEUS® 4 system builds upon the previous ZEUS® 3 product, which is integrated into the Reco ...

NEW YORK, March 3, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Parsons Corporation ("Parsons" or the "Company") (NYSE: PSN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Parsons and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On February 19, 2025, Par ...

CHANTILLY, Va., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Raymond James 46th Annual Institutional Investors Conference. Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session on Tuesday, March 4, 2025, at approximately 2:50 p.m. Eastern Time. This presentation will be available live via webcast on the investor relations section of Parsons’ website (https: ...