Parsons Corporation is a global engineering and construction company that provides a wide range of technical, professional, and construction services to various industries. The company was founded in 1944 by Ralph M. Parsons, an engineer and entrepreneur, in Pasadena, California. Originally named "Ralph M. Parsons Company," it initially focused on providing engineering and management services for the aerospace and defense industries. Parsons is listed on the New York Stock Exchange (NYSE) under the ticker symbol "PSN."
Over the years, Parsons expanded its expertise into other areas, including infrastructure, environmental, and technology services. Today, the company offers a diverse portfolio of solutions, including engineering and construction management, cybersecurity, intelligence and defense services, smart infrastructure, and sustainable environmental solutions.
The company has a strong track record of successfully executing high-profile projects, including infrastructure developments, transportation systems, and critical facilities. Its expertise in managing and delivering complex projects has earned it a reputation as a trusted and reliable partner for government agencies, private clients, and industrial sectors.
Parson's multidisciplinary approach allows it to address a wide array of challenges, from designing and constructing transportation networks and water treatment facilities to developing cutting-edge technologies for defense and security applications. This versatility and ability to offer tailored solutions to clients' unique needs have been instrumental in its growth and success in the engineering and construction industry.