CHANTILLY, Va. (April 20, 2026) — Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the Los Angeles Department of Water & Power (LADWP) to provide demand response technology, integration, and services to help manage and optimize the operation of distributed energy sources within the electrical grid. 

“Utility providers around the world are reshaping their capacity plans to meet the growing needs driven by the boom of artificial intelligence and data centers,” said Mark Fialkowski, president, Infrastructure North America for Parsons. “We take great pride in helping cities around the world deliver resilient energy systems for their populations and look forward to applying our innovative technology to enhance LADWP’s demand response and renewable electricity capacity.”

Under the contract, Parsons will provide the Demand Response Management System (DRMS) to LADWP, which will serve as key infrastructure in the utility’s drive to achieve 100 percent clean electricity by 2035 or sooner, while helping expand  LADWP’s demand response capacity by more than fourfold under the five-year contract. Unlike traditional, siloed DRMS solutions, the Parsons system offers out-of-the-box interoperability in critical areas including meter data management (MDM), customer care, billing, Supervisory Control and Data Acquisition (SCADA) and automated distribution management systems (ADMS).

Parsons DRMS helps enhance grid resiliency by securely interfacing distributed energy resources with existing utility systems and legacy fuel supplies. By enabling seamless data exchange and coordination across DRMS, MDM, SCADA, ADMS, and other operational platforms, it empowers grid operators with improved situational awareness, control, and resiliency. Parsons has implemented meter and operational management integration solutions with more than 400 public power utilities across the United States.

To learn more about Parsons’ comprehensive solutions for distributed energy resource management, visit /products/derms/.

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

The post Parsons Demand Response Technology To Optimize And Enable Los Angeles Department Of Water & Power’s Operations And Strategic Plan appeared first on Parsons Corporation.

Under this contract, the team will provide program management services that advance the USCG’s Force Design 2028 Execution Plan, the single largest capital investment in the Coast Guard’s history. The plan will deliver transformational upgrades across Coast Guard assets, technology, and shore infrastructure, supported by $24.5 billion to recapitalize platforms and systems, modernize training centers, and enhance mission‑critical operational capacity.

“We look forward to leveraging our team’s combined global program management experience and project delivery success to support the U.S. Coast Guard in this historic modernization effort that strengthens readiness and builds a more agile, capable, and responsive force,” said Martin Boson, president, Engineered Systems for Parsons. “As a global leader in program management, Parsons brings the expertise, discipline, and integrated services necessary to support the Coast Guard’s successfully delivery of the Force Design 2028 Execution Plan and ensure the nation’s continued maritime safety, security, and stewardship.”

Parsons has extensive experience working in complex and critical environments and is a globally recognized program management leader. The company ranks as the #1 program management services firm by Engineering News-Record and provides clients with support through the entire life cycle of a project, including master planning, design, construction management, and asset management. 

“Through this partnership, GSIA brings innovative, reliable, and sustainable energy solutions and program management services for federal and civilian infrastructure clients,” said Michael Warminsky, senior vice president for GSIA. “We are proud to support the U.S. Coast Guard’s Force Design 2028 Execution Plan alongside Parsons, contributing to a program that enhances operational readiness, modernizes critical infrastructure, and strengthens the nation’s maritime security posture.”

GSI Americas, Inc. provides professional services, environmental and MEC support, and construction services to federal clients across the Continental United States and the Pacific region, leveraging a growing footprint of eight offices from the U.S. East Coast to Japan to execute critical programs in complex and geographically diverse environments. As a member of the GSI companies, and backed by nearly two decades of experience, GSIA delivers highly qualified technical personnel and subject matter experts supporting mission-critical operations for Department of War (DoW) and Department of Homeland Security (DHS) partners.

To learn more about Parsons’ global infrastructure solutions, visit Parsons.com/federal-infrastructure/.

About Parsons:

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact. 

About GSIA:

GSIA provides comprehensive solutions in Construction, Fuels, Environmental Services, Munitions, Engineering, Professional Services, and IT, across the Continental U.S. and the Pacific.  Please visit GSI-Companies.com and follow us on LinkedIn.

The post GSIA-Parsons Joint Venture Awarded $25 Million US Coast Guard Program Management Contract appeared first on Parsons Corporation.

The 16-year program represents one of New York City’s most significant wastewater infrastructure investments, addressing longstanding environmental challenges across Brooklyn and Queens. Parsons will provide construction management (CM) services for the large-diameter storage tunnel, tunnel dewatering pump station, and other structures, drawing on its experience delivering complex tunnel and sewer programs in dense urban environments.

“Parsons brings decades of experience delivering complex tunnel and water infrastructure programs that improve environmental outcomes and strengthen community resilience,” said Mark Fialkowski, president, Infrastructure North America for Parsons. “We are proud to support New York City on this critical project that will reduce sewer overflows, enhance water quality, and help meet important regulatory commitments.”

The project, which includes approximately 3.25 miles of tunnel and related facilities, is critical to improving water quality and protecting public health in surrounding communities. Once complete, the system will capture and store excess combined sewer flows during storm events, reducing environmental impacts and supporting long-term sustainability goals. As the construction manager, Parsons will utilize the DEP’s Construction Management Information System (CMIS), which the company originally helped develop and deploy, to support efficient project delivery, coordination, and oversight.

Parsons is a global leader in critical infrastructure excellence, with more than 80 years of experience planning, designing, and overseeing the construction of complex tunnel projects throughout the world, including the Rondout-West Branch Bypass Tunnel, Kensico-Eastview Connection Tunnel, and Catskill Aqueduct Repair and Rehabilitation projects; each of these signature NYCDEP projects, in which Parsons provided comprehensive CM services. With more than 250 tunnels and ocean outfalls around the world, Parsons’ projects span the full range of challenging geologic environments, from seismically active Southern California to the Chesapeake Bay’s alluvial coastal plain to the mixed-face and hard-rock conditions found in and around New York City.

To learn more about Parsons’ water and wastewater expertise, visit /markets/water-wastewater/.

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we’re making an impact.

The post Parsons Selected As Construction Manager For Major New York City Tunnel Program appeared first on Parsons Corporation.

The replacement bridge will span one of the largest reservoirs in the United States, managed by the U.S. Army Corps of Engineers, and will be constructed in two phases to maintain traffic flow throughout the project. The new 63‑span structure includes substructure elements extending approximately 150 feet below the lake surface, reflecting the technical complexity and engineering precision required for a project of this scale.

“Parsons has a legendary legacy in bridge design, and this project is another example of how our teams continue to deliver the most complex and consequential infrastructure solutions around the world,” said Mark Fialkowski, president of Infrastructure North America for Parsons. “We’re proud to partner with ODOT and the Zachry/Traylor JV to modernize this critical crossing over Lake Texoma and strengthen a structure that communities rely on every day.”

The Roosevelt Bridge, originally built in 1945, is a vital regional connector for residents, freight, and travelers. The replacement project was awarded Oklahoma’s largest federal grant in 2024, totaling $124 million, combined with state funding to ensure the crossing remains safe, resilient, and reliable for decades to come.

With more than 80 years of experience delivering iconic bridges and major transportation infrastructure, Parsons brings deep technical expertise in long‑span structures, complex foundations, and resilient design. The Roosevelt Bridge Replacement Project reinforces the company’s commitment to advancing safe, modern, and future‑ready infrastructure across the United States. Parsons has delivered more than 4,500 crossings around the world, including landmark projects that carry pedestrians, roads, railways, and pipelines every day.

To learn more about Parsons’ iconic bridge practice, please visit: /bridge/

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

The post Parsons Selected To Lead Design Of $409M Roosevelt Bridge Replacement appeared first on Parsons Corporation.

CHANTILLY, Va. — April 10, 2026 — Parsons Corporation (NYSE: PSN) is proud to announce the company’s Europe Middle East and Africa team received two awards at the Big Project Middle East Awards 2026 marking the third consecutive year the team has been recognized by the awarding body for exceptional work.

Hosted by Middle East Construction News, the Big Project Middle East Awards presented Parsons with the Refurbishment and Retrofit Project of the Year award for the team’s work on the King Abdullah Finance District (KAFD) Residential Uplift project. This complex refurbishment of 16 high rise residential towers was executed within a fully operational financial district, enhancing asset quality while maintaining safety, operations, and client value.

“These awards reflect our team’s dedication to delivering complex infrastructure with precision, innovation, and a deep commitment to our client’s mission,” said Robert Marinelli, Senior Vice President and Area Director at Parsons in Saudi Arabia who was the Project Director on KAFD at the time the work took place. “The KAFD Residential Uplift project was delivered under a fast-track contract with exceptionally high-quality standards, involving multiple contractors across the wider KAFD development. Success depended on close collaboration with the client and main contractor, and the strong partnerships formed throughout the program are among the achievements we are most proud of.”

Dr. Lavinia Melilla, Program Construction Director for Parsons in Qatar was named Mentor of the Year 2026 for her positive impact on the engineering community and her support in developing emerging professionals across Parsons’ operations. Since 2016, Dr. Lavinia has mentored more than 1,000 engineers in Qatar, contributing to their career growth and qualifications, with proven results.

“I am honored to receive this prestigious award, made possible through the support of Parsons’ mentoring team, senior leadership, and the Institution of Civil Engineers. This award reflects Parsons’ exceptional mentoring program in the EMEA region, which is designed to support our employees, clients, and partners by fostering professional development, strengthening quality in delivery, and building the next generation of leaders working on complex, large‑scale programs,” said Melilla.

The company’s achievements at the 2026 ceremony build on a strong history of recognition across the region. In previous years Parsons was recognized at the Big Projects Middle East Awards for Woman of the Year, BIM Champion of the Year, Young Professional of the Year, and Residential Project of the Year for Seef Lusail Residential Development.

For over 80 years, Parsons has delivered critical and defense infrastructure across the globe, proudly the company has had a presence in the Middle East for more than 65 of those years and employs more than 7,000 employees in region. From urban and destination development, transport infrastructure, and smart mobility to industrial and commercial development, asset management, and resilience, Parsons draws on its global expertise and local knowledge to deliver projects that are aligned with national development priorities.

To learn more about Parsons’ work in the Middle East, visit /emea/.

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

The post Parsons Wins Big At Big Project Middle East Awards For Third Consecutive Year appeared first on Parsons Corporation.

CHANTILLY, Va., (April 8, 2026) – Parsons Corporation (NYSE: PSN), a leading provider of national security and global infrastructure solutions, today announced the unification of its aviation capabilities into a single, integrated North American Aviation organization. This strategic alignment strengthens the company’s One Parsons approach and enhances its ability to deliver technologically enabled aviation solutions quickly at scale, unlocking value for shareholders and customers, and accelerating the company’s momentum and ability to further cross-sell opportunities across the rapidly evolving global aviation market.

Parsons’ extensive aviation experience spans more than 450 airports worldwide, decades of federal aviation modernization, and major commercial airport programs across North America and the Middle East. The company has supported aviation infrastructure in all 50 U.S. states, delivered airfield, landside, and terminal solutions across six continents, and provided program and construction management services on capital programs collectively valued in the tens of billions of dollars. Parsons’ federal aviation work includes nationwide support across more than 600 Federal Aviation Administration (FAA) facilities, modernization of critical National Airspace System (NAS) infrastructure, and long‑term engineering and technical services under one of the FAA’s largest and longest‑running support contracts. This combination of global reach, deep technical expertise, and decades of proven delivery positions Parsons as a trusted partner for aviation authorities, airport operators, and federal agencies seeking resilient, technology‑enabled aviation infrastructure.

“Unifying our aviation capabilities strengthens our ability to deliver best in‑class solutions for our global customers while driving growth and collaboration across Parsons,” said Martin Boson, president, Engineered Systems for Parsons. “For decades, Parsons’ capabilities have represented the industry’s most comprehensive aviation portfolio, combining decades of federal, commercial, and global experience into a unified capability that spans the full lifecycle of aviation infrastructure. I am also excited about how this change will deliver enhanced employee growth and professional development opportunities for our employees across the enterprise.

Airports around the world face significant modernization needs, including runway and terminal expansion, technology integration, and enhanced operational resilience. By aligning its aviation capabilities, Parsons is better positioned to support these investments with integrated solutions that span design, smart infrastructure, and program and construction management services, among others.

The company’s notable project across the United States include:

• Federal Aviation Administration (FAA): Parsons’ federal aviation portfolio is anchored by its long‑standing leadership on the FAA’s Technical Support Services Contract (TSSC/T5), delivering nationwide engineering, modernization, and technical services across hundreds of FAA facilities. The company also supports NAS modernization, air traffic control facility upgrades, airfield lighting and navigation aid (NAVAID) improvements, runway safety enhancements, environmental and safety compliance programs, and digital engineering and cybersecurity initiatives that strengthen the safety, efficiency, and resilience of federal aviation infrastructure.
• Los Angeles International Airport (LAX), California: Owner’s representative for the Landside Access Modernization Project (LAMP), one of the largest infrastructure programs currently underway in the United States.
• Hartsfield-Jackson Atlanta International Airport (ATL), Georgia: Construction management for airfield and landside infrastructure upgrades, including pavement rehabilitation, roadway improvements, and operational enhancements at the world’s busiest airport.
• Houston Airports (IAH, HOU, and EFD), Texas: Infrastructure project support including program initiation, program definition, design review and approval, procurement, construction management, commissioning and activation, and contract closeout.
• Baltimore/Washington International Thurgood Marshall Airport (BWI), Maryland: Construction management and inspection services for the recently opened A/B Connector, a significant milestone in the largest capital improvement program in BWI Marshall’s history. This year marks 50 consecutive years of Parsons supporting BWI Marshall through planning, design, construction management, and program delivery services.
• Newark Liberty International Airport (EWR), New Jersey: Provided design and construction support as part of a joint venture to deliver the new Terminal A, which opened in 2023. Currently serving as lead designer for the Newark AirTrain Replacement Program – Guideways and Stations project.
• John F. Kennedy International Airport (JFK), New York: Lead designer for the design and reconstruction of JFK’s Central Terminal Area Roadways, Utilities, and Ground Transportation Center.
• Fort Lauderdale/Hollywood International Airport (FLL), Florida: Program management on behalf of JetBlue in implementing the design and building of the new Terminal 5.  

The unified organization combines Parsons’ aviation modernization work for federal customers, notably the FAA, with its extensive commercial experience in airport planning, design, and program and construction management. Consolidating these capabilities under one structure enables the company to deliver a more comprehensive suite of solutions while maintaining continuity in customer delivery.

To learn more about Parsons’ aviation capabilities, please visit: /aviation/

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

The post Parsons Unifies Aviation Units To Enhance Comprehensive Customer Offerings appeared first on Parsons Corporation.

CHANTILLY, Va. (April 6, 2026) — Parsons Corporation (NYSE: PSN) today announced that the company has been selected by the Utah Department of Transportation (UDOT) to develop, implement, and maintain a statewide Vehicle-to-Everything (V2X) Maintenance and Management System, further expanding the company’s leadership in connected vehicle technologies and intelligent transportation. The contract represents new work for the company.

Under the 10-year agreement, Parsons will deploy its industry leading iNET^® software solution to deliver a cloud based, statewide system capable of managing and maintaining Utah’s growing ecosystem of connected vehicle devices. The platform will provide UDOT with real-time system health monitoring, performance analytics, and enhanced operational insights to help UDOT efficiently operate, maintain, and scale its V2X infrastructure across the state.

“We look forward to leveraging our proven track record in implementing iNET-based Advanced Traffic Management Solutions to help improve connectivity in collaboration with UDOT,” said Mark Fialkowski, president, Infrastructure North America for Parsons. “The statewide deployment of our iNET^® V2X platform demonstrates our technical maturity and continued investment in innovative, scalable solutions that empower agencies to operate safer and more efficient transportation networks.”

This award establishes a new statewide customer relationship for Parsons and further strengthens the company’s growing portfolio of V2X ecosystem management solutions, supporting transportation agencies as they modernize infrastructure and prepare for the future of connected and automated mobility.

For more information on Parsons’ iNET^® platform and smart mobility technologies, visit /products/inet/.

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

The post Parsons Expands Connected Vehicle Leadership, Delivering Statewide V2X Management System For The Utah Department of Transportation appeared first on Parsons Corporation.

Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company’s website (https://investors.parsons.com). Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here.

A replay will be available on the company’s website approximately two hours after the conference call and continuing for one year.

About Parsons Corporation

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

The post Parsons To Announce First Quarter 2026 Financial Results On April 29, 2026 appeared first on Parsons Corporation.

CHANTILLY, VA. —  April 1, 2026 — Parsons Corporation (NYSE: PSN) announced today that it has been selected by Al Ittihad Club Company, the oldest sports club in Saudi Arabia, as the project management consultant for the Al Ittihad Sports Village in Jeddah. This integrated development, located close to King Abdullah Sports City, represents new work for the company.

The award advances the project’s design phase and includes the club’s headquarters, academy training pitches and facilities, performance development centers, administrative buildings, and commercial assets. The development is designed to adhere to parameters aligned with FIFA standards and international best practices.

“Parsons is proud to support Al Ittihad’s next chapter in line with Saudi Vision 2030’s Quality of Life Program, which enables sports to flourish within the Kingdom,” said Mark Otter, Managing Director and Regional Headquarters Lead of Parsons’ operations in Saudi Arabia. “Parsons has delivered sports-related infrastructure ranging from the FIFA World Cup to the Olympics and will bring that same expertise and delivery excellence to the Al Ittihad Sports Village, focusing on quality, safety, and schedule certainty.”

Integral to Al Ittihad’s selection criteria was Parsons’ ability to support the club with setting a new benchmark for sports infrastructure in the region, as well as factoring connectivity and future growth potential into the project. With decades of sports infrastructure experience, Parsons’ capabilities span across design and planning, wayfinding and fan management, as well as deploying physical, electronic, and cyber security systems, all while working alongside national authorities to enable safe sporting environments, seamless mobility, and world-class experiences for players, staff, and fans.

Nearly 70 years of Parsons’ 80+ year history have included a portfolio in Saudi Arabia, dating back to 1958 when the team designed and delivered the Dhahran Airport (now known as King Abdulaziz Air Base), and today the team is made up of more than 3,000 employees. From urban and destination development, transport infrastructure, and smart mobility to industrial and commercial development, asset management, and resilience, Parsons draws on its global expertise and local knowledge to deliver projects that are aligned with national development priorities.

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

The post Parsons Awarded Project Management Consultant Contract For Al Ittihad Sports Village In Saudi Arabia appeared first on Parsons Corporation.

CHANTILLY, Va. (March 25, 2026) — Parsons Corporation (NYSE: PSN) today announced its role as the lead designer for the design-build team delivering the Virginia Department of Transportation’s (VDOT) Interstate 64 (I-64) Hampton Roads Express Lanes (HREL) Norfolk Segment 1B, a vital project that fills a critical bi-directional   gap in the corridor’s current Express Lanes toll lane system. The effort is being led by Lane Construction Corporation, who selected Parsons based on the company’s history of designing and delivering exquisite major transportation improvements around the world.

The  HREL Norfolk Segment 1B project has a total design-build contract value of $389 million and will convert the current three existing general-purpose lanes and shoulders in each direction into one- part-time, high-occupancy express shoulder lane and three general-purpose lanes in each direction of I-64 between I-264 and Tidewater Drive to support the continued development of the Hampton Roads Express Lanes network, an initiative aimed at improving travel reliability and reducing congestion along this critical regional corridor. Once complete, the HREL will form a continuous 45-mile regional Express Lane network spanning Newport News, Hampton, Norfolk, and Chesapeake, designed to deliver congestion relief and more reliable travel times across one of Virginia’s most heavily traveled corridors. Major construction elements include bridge replacements and widening, noise barriers, roadway widening, and advanced traffic management systems, making it a complex and transformative infrastructure investment for the Hampton Roads region.

“The collective team’s effort on the HREL Norfolk Segment 1B project will continue advancing economic and societal improvements across the Tidewater region, while working to reduce congestion and increasing ease of movement for the community,” said Mark Fialkowski, president, Infrastructure North America for Parsons. “Parsons is one of the world’s leading complex infrastructure providers, and we look forward to continuing our decades long history of project success and delivery for the communities in Hampton Roads. As lead engineer for the design-build team, Parsons will provide comprehensive design services for the project, while seeking to minimize traffic disruptions during construction and minimize long-term maintenance requirements.”

This award highlights Parsons’ continued success in securing complex, long-term infrastructure work that reinforces the company’s strong presence in the transportation market. The company has delivered more than 10,000 miles of road and highway infrastructure projects around the world, helping transportation departments save time, maximize value, mitigate traffic impacts, and enhance safety.

To learn more about Parsons’ design-build expertise, visit /alternative-project-delivery/

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

The post Parsons Named Lead Designer Of I-64 Hampton Roads Express Lanes Segment appeared first on Parsons Corporation.