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February 07, 2016 11:49 PM ET

Construction and Engineering

Company Overview of Parsons Corporation

Company Overview

Parsons Corporation provides engineering, construction, technical, and management services to customers in the United States and internationally. The company offers services in the areas of asset management; commissioning, qualifications, and validation; condition assessments; construction; cyber security; design; disaster response; information technology; intelligence/security; operations and services; planning; and program/construction management. It serves defense and security markets, including defense, environmental, infrastructure, intelligence, and security; industrial markets comprising buildings and vertical, communications, energy and chemicals, environmental, and vehicle inspectio...

100 West Walnut Street

Pasadena, CA 91124

United States

Founded in 1944





Key Executives for Parsons Corporation

Chairman and Chief Executive Officer
Age: 56
Group President
Chief Financial Officer, Executive Vice President and Treasurer
Age: 56
Head of Parsons Federal Unit and President of Parsons Group
President of Middle East Africa Region
Compensation as of Fiscal Year 2015.

Parsons Corporation Key Developments

Parsons Secures Contract to Improve US Army's Cyber Capabilities

Office of US Assistant Secretary of the Army for Acquisition, Logistics, and Technology has selected Parsons to provide support to advance the Army's operational cyber capabilities. Under the agreement, the company will develop physical hardware /networking models to assess the technical viability of a Deployable Defensive Cyberspace Operations Infrastructure capacity. The work will be performed through the consortium for Command, Control, Communications and Computer Technologies, a nonprofit organization comprising defense contractors, for-profit organizations, and academic research institutions. The defensive cyberspace weapons systems enable real-time protection of critical systems within a specified operating environment. Integrated with C5 software and hardware technology, it enhances the cyber capabilities of army DCO weapons.

Parsons and FireEye Announce Strategic Partnership

Parsons Corporation and FireEye, Inc. have announced a strategic partnership to provide enhanced protection for critical infrastructure and IT environments. Critical infrastructure providers are uniquely vulnerable to cyber-attacks, given the required connectivity between the physical and the cyber worlds. The same technologies that offer improved visibility and control over the operation create desirable cyber targets for attackers looking to steal information and intellectual property, disrupt services, and damage equipment. This collaboration will bring together Parsons' deep experience with comprehensive security solutions for critical infrastructure with FireEye technology, threat intelligence, and a full array of customized Mandiant services to counteract the rapidly growing cyber threats faced by customers managing critical infrastructure.

Parsons Corporation Appoints Kurt Tripp as Senior Vice President and Defense and Security Division Business Development Manager of Parsons Federal

Parsons Corporation has appointed Kurt Tripp as senior vice president, or SVP, and defense and security division business development manager of Parsons Federal. In his new role, Mr. Tripp will be responsible for the growth of Parsons' defense and security business. Mr. Tripp joined Parsons in 2011 through the acquisition of SPARTA Inc., and he has more than 30 years of experience working on defense programs, often in leadership positions. He is an active member of the National Defense Industrial Association as well as the American Institute of Aeronautics and Astronautics and served on the governor-appointed Virginia National Defense Industrial Authority Board and Grant Committee.

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