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Parsons's Business Segments
Parsons's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2025
Reportable Segments
2
Largest Segment
Federal Solution Segment
Total Revenue
$ 1,584
Regions Reported
2
Revenue Share by Reportable Segment - Q2 FY2025
- Federal Solution Segment50.8%
- Critical Infrastructure Segment49.2%
Revenue by Reportable Segment - Q2 FY2025
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Federal Solution Segment | $ 805 | 50.8% |
| Critical Infrastructure Segment | $ 779 | 49.2% |
Revenue Share by Region - Q2 FY2025
- North America82.6%
- Middle East17.1%
Revenue by Geographic Region - Q2 FY2025
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| North America | $ 1,309 | 82.6% |
| Middle East | $ 271 | 17.1% |
Description of Parsons
Parsons Corporation is a leading global provider of engineering and construction services, technical and management services, and innovative solutions to complex challenges in the defense, intelligence, transportation, energy, environmental, and infrastructure markets. With a history spanning over 75 years, Parsons has successfully delivered large-scale projects, programs, and frameworks in more than 80 countries.
As a multi-disciplinary company, Parsons offers a wide range of services to both government and private sector clients. These include construction management, program management, architecture and engineering, design-build, environmental services, cybersecurity, geospatial services, intelligent transportation systems, and many others.
The company operates across five major business areas - Federal Solutions, Critical Infrastructure, Transport, Cybersecurity, and Construction, offering a diverse range of products and services that cater to clients in different sectors.
In the Federal Solutions segment, Parsons provides technical, logistic, and operational support to the US government and Department of Defense (DoD), making it an integral partner in national security, intelligence, and defense efforts. Critical Infrastructure services offered by the company include planning, designing, building, and maintaining energy and water infrastructure, as well as healthcare and education facilities. In the transportation sector, Parsons delivers complex engineering and construction projects such as rail systems, airports, and highways.
In addition to these services, Parsons has a robust cybersecurity division, which helps safeguard critical infrastructure and confidential data, using advanced technologies and threat analysis. The company also offers construction management and general contracting services, leveraging its vast experience in project execution to deliver cost-effective solutions to its clients.
With its headquarters located in Centreville, Virginina, Parsons has a global workforce of over 16,000 employees across multiple countries. The company has a strong track record of delivering high-quality projects on time and within budget, earning it the trust and admiration of its clients. Parsons has won numerous awards for excellence in performance, safety, innovative project management, and sustainability. The company is committed to reducing its environmental footprint, and it actively participates in initiatives that promote sustainable development.
Overall, Parsons Corporation is a highly respected and diversified engineering and construction services company with a long track record of successful project delivery. Its technical expertise, innovative solutions, and global reach have made it a trusted partner for both government and private sector clients, and it continues to play a leading role in shaping the future of the industries it operates in.
As a multi-disciplinary company, Parsons offers a wide range of services to both government and private sector clients. These include construction management, program management, architecture and engineering, design-build, environmental services, cybersecurity, geospatial services, intelligent transportation systems, and many others.
The company operates across five major business areas - Federal Solutions, Critical Infrastructure, Transport, Cybersecurity, and Construction, offering a diverse range of products and services that cater to clients in different sectors.
In the Federal Solutions segment, Parsons provides technical, logistic, and operational support to the US government and Department of Defense (DoD), making it an integral partner in national security, intelligence, and defense efforts. Critical Infrastructure services offered by the company include planning, designing, building, and maintaining energy and water infrastructure, as well as healthcare and education facilities. In the transportation sector, Parsons delivers complex engineering and construction projects such as rail systems, airports, and highways.
In addition to these services, Parsons has a robust cybersecurity division, which helps safeguard critical infrastructure and confidential data, using advanced technologies and threat analysis. The company also offers construction management and general contracting services, leveraging its vast experience in project execution to deliver cost-effective solutions to its clients.
With its headquarters located in Centreville, Virginina, Parsons has a global workforce of over 16,000 employees across multiple countries. The company has a strong track record of delivering high-quality projects on time and within budget, earning it the trust and admiration of its clients. Parsons has won numerous awards for excellence in performance, safety, innovative project management, and sustainability. The company is committed to reducing its environmental footprint, and it actively participates in initiatives that promote sustainable development.
Overall, Parsons Corporation is a highly respected and diversified engineering and construction services company with a long track record of successful project delivery. Its technical expertise, innovative solutions, and global reach have made it a trusted partner for both government and private sector clients, and it continues to play a leading role in shaping the future of the industries it operates in.
Parsons Corporation Overview
Parsons Corporation is a leading global provider of comprehensive engineering, construction, and management services. The company has established a diverse business portfolio segmented into multiple areas of focus, each targeting specific market needs. Below is an extensive overview of the major segments, products, and services offered by Parsons Corporation.
Segments:
1. Infrastructure:
- The Infrastructure segment is crucial for public and private sector development, encompassing transportation (highways, streets, bridges), water (treatment facilities, pipelines), aviation (airports, flight operations), ports, and rail systems.
- Services offered include:
- Detailed engineering and design services.
- Planning and feasibility studies.
- Program management to oversee large-scale project execution.
- Construction management to ensure projects are completed on time and within budget.
- Operation and maintenance assistance post-deployment to ensure functionality and reliability.
2. Federal Solutions:
- This segment caters specifically to U.S. federal agencies, including the Department of Defense (DoD).
- Key service areas include:
- Cyber and intelligence operations focusing on national security.
- Space and missile defense systems.
- Logistics and training solutions that enhance operational readiness.
- Critical infrastructure protection services to safeguard essential services.
3. Critical Infrastructure:
- Parsons Corporation offers services tailored to mission-critical infrastructure such as power plants, refineries, and water treatment facilities.
- This segment includes:
- Cybersecurity solutions to protect against digital threats.
- Energy solutions for traditional and renewable energy sources.
- Environmental services to comply with regulations and promote sustainability.
4. Connected Communities:
- A commitment to developing smart cities defines this segment, integrating technology into community planning and management.
- Services provided include:
- Intelligent transportation systems that enhance traffic flow and safety.
- Smart grids that enable efficient energy distribution and management.
- Comprehensive urban design services that incorporate sustainability and livability.
5. Industrial:
- This segment focuses on supporting industries such as manufacturing, oil and gas, and petrochemicals.
- Parsons Corporation provides:
- Engineering and design services tailored to industrial needs.
- Construction services that ensure compliance and safety standards.
- Maintenance services to keep industrial plants operating effectively.
Products and Services:
1. Engineering and Design:
- Parsons Corporation excels in delivering multidisciplinary engineering and design services, covering:
- Civil Engineering: Infrastructure and roadway design.
- Structural Engineering: Building and infrastructure integrity assessments.
- Mechanical and Electrical Engineering: System design for efficiency and performance.
- Environmental Engineering: Solutions to minimize impact and manage environmental compliance effectively.
2. Program and Construction Management:
- Expertise in managing large-scale projects is a cornerstone of Parsons service offering, including:
- Project scheduling and planning to ensure timely delivery.
- Cost control mechanisms to remain within budget.
- Quality management practices to meet industry standards.
- Comprehensive risk management strategies to preemptively address potential project issues.
3. Intelligent Transportation Systems (ITS):
- Parsons is a leader in deploying transportation technology, providing:
- State-of-the-art traffic management systems.
- Advanced transit management solutions.
- Traveler information systems that enhance public transport usability.
4. Cybersecurity:
- With increasing cyber threats, Parsons offers robust cybersecurity services such as:
- Intrusion detection and prevention systems.
- Comprehensive threat analysis to identify vulnerabilities.
- Risk assessments to gauge organizational exposure and inform preventive measures.
- Security architecture design to build resilient frameworks for mission-critical systems.
5. Aviation Services:
- Focusing on the aviation sector, Parsons Corporation provides:
- Engineering and architectural design for airport facilities.
- Construction services for runways, taxiways, and control towers.
- Consulting services related to airport operations and safety compliance.
6. Sustainable Energy Solutions:
- In response to the global shift towards sustainability, Parsons offers:
- Development services for renewable energy projects.
- Grid modernization services to enhance efficiency and resilience.
- Energy efficiency initiatives aimed at reducing consumption and emissions.
Maintenance and Operations:
- Ongoing support for key infrastructure systems through maintenance and operations services, including:
- Routine and emergency maintenance for water and power plants.
- Operational management of transportation networks to ensure consistent service delivery.
Conclusion:
Parsons Corporation stands out in the engineering and construction sectors through its diverse portfolio of segments, products, and services designed to address complex infrastructure, federal, and critical infrastructure challenges. Its extensive expertise and commitment to innovation position Parsons as a trusted partner for clients seeking comprehensive, integrated solutions.
Parsons Corporation is a leading global provider of comprehensive engineering, construction, and management services. The company has established a diverse business portfolio segmented into multiple areas of focus, each targeting specific market needs. Below is an extensive overview of the major segments, products, and services offered by Parsons Corporation.
Segments:
1. Infrastructure:
- The Infrastructure segment is crucial for public and private sector development, encompassing transportation (highways, streets, bridges), water (treatment facilities, pipelines), aviation (airports, flight operations), ports, and rail systems.
- Services offered include:
- Detailed engineering and design services.
- Planning and feasibility studies.
- Program management to oversee large-scale project execution.
- Construction management to ensure projects are completed on time and within budget.
- Operation and maintenance assistance post-deployment to ensure functionality and reliability.
2. Federal Solutions:
- This segment caters specifically to U.S. federal agencies, including the Department of Defense (DoD).
- Key service areas include:
- Cyber and intelligence operations focusing on national security.
- Space and missile defense systems.
- Logistics and training solutions that enhance operational readiness.
- Critical infrastructure protection services to safeguard essential services.
3. Critical Infrastructure:
- Parsons Corporation offers services tailored to mission-critical infrastructure such as power plants, refineries, and water treatment facilities.
- This segment includes:
- Cybersecurity solutions to protect against digital threats.
- Energy solutions for traditional and renewable energy sources.
- Environmental services to comply with regulations and promote sustainability.
4. Connected Communities:
- A commitment to developing smart cities defines this segment, integrating technology into community planning and management.
- Services provided include:
- Intelligent transportation systems that enhance traffic flow and safety.
- Smart grids that enable efficient energy distribution and management.
- Comprehensive urban design services that incorporate sustainability and livability.
5. Industrial:
- This segment focuses on supporting industries such as manufacturing, oil and gas, and petrochemicals.
- Parsons Corporation provides:
- Engineering and design services tailored to industrial needs.
- Construction services that ensure compliance and safety standards.
- Maintenance services to keep industrial plants operating effectively.
Products and Services:
1. Engineering and Design:
- Parsons Corporation excels in delivering multidisciplinary engineering and design services, covering:
- Civil Engineering: Infrastructure and roadway design.
- Structural Engineering: Building and infrastructure integrity assessments.
- Mechanical and Electrical Engineering: System design for efficiency and performance.
- Environmental Engineering: Solutions to minimize impact and manage environmental compliance effectively.
2. Program and Construction Management:
- Expertise in managing large-scale projects is a cornerstone of Parsons service offering, including:
- Project scheduling and planning to ensure timely delivery.
- Cost control mechanisms to remain within budget.
- Quality management practices to meet industry standards.
- Comprehensive risk management strategies to preemptively address potential project issues.
3. Intelligent Transportation Systems (ITS):
- Parsons is a leader in deploying transportation technology, providing:
- State-of-the-art traffic management systems.
- Advanced transit management solutions.
- Traveler information systems that enhance public transport usability.
4. Cybersecurity:
- With increasing cyber threats, Parsons offers robust cybersecurity services such as:
- Intrusion detection and prevention systems.
- Comprehensive threat analysis to identify vulnerabilities.
- Risk assessments to gauge organizational exposure and inform preventive measures.
- Security architecture design to build resilient frameworks for mission-critical systems.
5. Aviation Services:
- Focusing on the aviation sector, Parsons Corporation provides:
- Engineering and architectural design for airport facilities.
- Construction services for runways, taxiways, and control towers.
- Consulting services related to airport operations and safety compliance.
6. Sustainable Energy Solutions:
- In response to the global shift towards sustainability, Parsons offers:
- Development services for renewable energy projects.
- Grid modernization services to enhance efficiency and resilience.
- Energy efficiency initiatives aimed at reducing consumption and emissions.
Maintenance and Operations:
- Ongoing support for key infrastructure systems through maintenance and operations services, including:
- Routine and emergency maintenance for water and power plants.
- Operational management of transportation networks to ensure consistent service delivery.
Conclusion:
Parsons Corporation stands out in the engineering and construction sectors through its diverse portfolio of segments, products, and services designed to address complex infrastructure, federal, and critical infrastructure challenges. Its extensive expertise and commitment to innovation position Parsons as a trusted partner for clients seeking comprehensive, integrated solutions.