Contracts
GAO backs Army’s sole-source extension to KBR’s LOGCAP contract
A challenge by an Amentum-Parsons joint venture fell short after the Government Accountability Office found the Army’s justification for a $3.1 billion extension as reasonable.
Companies
Parsons buys Altamira for $330M cash
Parsons is adding 600 employees through this transaction, which also further grows the company's presence across intelligence programs and the Indo-Pacific region.
Companies
Intel's government hires and more leadership moves across the market
This is our final roundup of key executive hires and promotions across the market for 2025.
Companies
Peraton wins air traffic control system overhaul contract
The Transportation Department is pushing hard for the new system to go online in 2028, with a price tag for modernization that could reach $31.5 billion.
Companies
Parsons awaits 'imminent' award of air traffic control overhaul contract
Parsons and Peraton are in a head-to-head showdown for the Brand New Air Traffic Control System, a contract worth billions. In talking with Wall Street, CEO Carey Smith highlights how the effort is funded by the One Big Beautiful Bill.
Companies
Parsons acquires water project specialist
Parsons has increasingly used acquisitions as a way to evolve its critical infrastructure business in the same way it has done for the federal business.
Contracts
FAA starts the bidding for new air traffic control system contract
The eventual winner will have three-and-a-half years to implement the new system.
Contracts
DTRA awards $3.5B recompete of counter-WMD support contract
The Defense Threat Reduction Agency uses this program to acquire research, training and other professional services to help partner countries fight the proliferation of weapons of mass destruction.
Companies
Parsons acquires Chesapeake Technologies in $89M transaction
Parsons is looking to beef up its technology portfolio for the electromagnetic spectrum, or what CTI calls the "invisible battlefield."
Companies
Parsons, IBM form air traffic control modernization pursuit team
The Federal Aviation Administration is eyeing 2028 to complete its replacement of the National Airspace System's underlying infrastructure.
Companies
Parsons' agenda for 2025 after zeroing out State Department contract
In talking with a Wall Street audience, chief executive Carey Smith explains why Parsons is not counting on anything from that program. Then the conversation turns to air traffic control modernization and missile defense work, including potentially Golden Dome.
Contracts
NSF launches $8B Antarctica research recompete
The National Science Foundation has maintained its presence on the southern continent since 1959 and Leidos has held the current contract to work there since 2011.
Companies
The public company acquirer remains a unicorn in the M&A action
While in the minority, this group of serial buyers requires a different sort of attention and conversation given that they are publicly-traded and have to explain it all.
Companies
Air Force chooses 27 for $1.5B architect, engineering contract
Work under this contract will support broader efforts related to environmental restoration and quality.
Companies
Parsons explores 2 growth pathways for missile defense
In talking with Wall Street, CEO Carey Smith highlights the Air Force's ground-based nuclear missile replacement program and "Iron Dome for America" as key watch items for the company.
Companies
Parsons acquires environmental cleanup tech provider for $36M
Parsons is looking to enhance its offerings for government and infrastructure customers looking to remove hazardous and toxic materials.
Contracts
Parsons, V2X form venture to chase $8B NSF Antarctica research contract
The National Science Foundation has operated there since 1959 and Leidos has held the current contract since 2011.
Companies
How Parsons' push for synergies also includes tech
Digital twins are a big portion of what Parsons leans on to find commonalities between its federal and infrastructure segments, as CEO Carey Smith put it for investors.
Companies
Parsons acquires transportation engineering company for $230M
This represents Parsons' latest move to expand in a region where infrastructure spending is heavily concentrated.
Contracts