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In 1961, Parsons designed the installation plans for each of the 1,000 [[Intercontinental ballistic missile|Minuteman intercontinental ballistic missiles]], which were used by the U.S. Air Force during the [[Cold War]].<ref name="icbm">''Howard, William E.'' [https://archive.org/stream/missilesrockets5195unse#page/n71/mode/2up Billions for ICBM Launching Facilities] // ''Missiles and Rockets'', May 11, 1959, v. 5, no. 19, p.13-14.</ref> In 1964, Ralph M. Parsons personally managed the design of the [[United States Mint|U.S. Treasury Department Mint’s]] expansion. Parsons created all construction and equipment specifications, oversaw construction, and prepared operations and maintenance manuals.
In 1961, Parsons designed the installation plans for each of the 1,000 [[Intercontinental ballistic missile|Minuteman intercontinental ballistic missiles]], which were used by the U.S. Air Force during the [[Cold War]].<ref name="icbm">''Howard, William E.'' [https://archive.org/stream/missilesrockets5195unse#page/n71/mode/2up Billions for ICBM Launching Facilities] // ''Missiles and Rockets'', May 11, 1959, v. 5, no. 19, p.13-14.</ref> In 1964, Ralph M. Parsons personally managed the design of the [[United States Mint|U.S. Treasury Department Mint’s]] expansion. Parsons created all construction and equipment specifications, oversaw construction, and prepared operations and maintenance manuals.


In February 1963, Parsons was contracted to design the Apollo Spacecraft Propulsion System Development Facility at White Sands New Mexico.<ref>{{cite news |title= Apollo Contract Awarded |publisher=The El Paso Times |date=February 14, 1963 |url=https://www-newspapers-com.wikipedialibrary.idm.oclc.org/image/434002124/?match=1&terms=%22ralph%20m.%20parsons%22%20%22NASA%22 |access-date=May 17, 2024}}</ref> In 1964, Parsons created a technical and economic blueprint for the [[North American Water and Power Alliance|North American Water and Power Alliance (NAWAPA)]], specifically in the United States, Canada and Mexico. The plan outlined concepts to build an integrated system of dams, channels, tunnels, reservoirs, hydroelectric plants, and pumping stations. The plan ultimately did not move forward due to environmental concerns and cost.<ref>{{Cite web |title=The Abandoned Plan That Could Have Saved America From Drought |date= September 17, 2015|author=Michelle Nijhuis|work=BuzzFeed News|url=https://www.buzzfeednews.com/article/nijhuis/pipe-dreams-the-forgotten-project-that-could-have-saved-amer|access-date=May 10, 2024}}</ref> In 1966, Parsons has served as general engineering consultant for the [[Washington Metro|DC Washington Metro]] in Washington, D.C., which is a $11 billion, 103-mile rapid transit rail system connecting Washington, D.C., to its many suburbs.<ref>{{cite report |title=Contracts for Rail Rapid Transit Projects in Atlanta, Georgia; San Francisco, California; and Washington DC. |date=March 4, 1974 |publisher=U.S. General Accounting Office |url=https://www.gao.gov/assets/b-180617-089672.pdf |access-date=May 18, 2024}}</ref>
In February 1963, Parsons was contracted to design the Apollo Spacecraft Propulsion System Development Facility at White Sands New Mexico.<ref>{{cite news |title= Apollo Contract Awarded |publisher=The El Paso Times |date=February 14, 1963 |url=https://newspapers.com/image/434002124/?match=1&terms=%22ralph%20m.%20parsons%22%20%22NASA%22 |access-date=May 17, 2024}}</ref> In 1964, Parsons created a technical and economic blueprint for the [[North American Water and Power Alliance|North American Water and Power Alliance (NAWAPA)]], specifically in the United States, Canada and Mexico. The plan outlined concepts to build an integrated system of dams, channels, tunnels, reservoirs, hydroelectric plants, and pumping stations. The plan ultimately did not move forward due to environmental concerns and cost.<ref>{{Cite web |title=The Abandoned Plan That Could Have Saved America From Drought |date= September 17, 2015|author=Michelle Nijhuis|work=BuzzFeed News|url=https://www.buzzfeednews.com/article/nijhuis/pipe-dreams-the-forgotten-project-that-could-have-saved-amer|access-date=May 10, 2024}}</ref> In 1966, Parsons has served as general engineering consultant for the [[Washington Metro|DC Washington Metro]] in Washington, D.C., which is a $11 billion, 103-mile rapid transit rail system connecting Washington, D.C., to its many suburbs.<ref>{{cite report |title=Contracts for Rail Rapid Transit Projects in Atlanta, Georgia; San Francisco, California; and Washington DC. |date=March 4, 1974 |publisher=U.S. General Accounting Office |url=https://www.gao.gov/assets/b-180617-089672.pdf |access-date=May 18, 2024}}</ref>


In 1968, Parsons designed and constructed the entire Honolulu Airport in Honolulu, Hawaii (which is now referred to as the [[Daniel K. Inouye International Airport]]), including a 12,000-foot runway on an offshore reef to minimize noise in Honolulu.<ref>{{cite web |title=Hawaii Aviation - HNL 1960s |url=https://aviation.hawaii.gov/airfields-airports/oahu/honolulu-international-airport/hnl-1960s/ |website=Hawaii Aviation|publisher=Hawaii Aviation |access-date=May 2, 2024}}</ref> The runway is still used today. In 1968, Parsons began work to upgrade the [[Federal Aviation Administration|Federal Aviation Administration (FAA)]] by providing plans, specifications, and standards to upgrade air traffic controls in 19 facilities. Today, Parsons provides 24/7/365 technical support services in all nine FAA regions and two specialized FAA centers. Again in 2001, Parsons was the prime contractor to implement modernization plans for the national airspace system.<ref>{{Cite news |title=Parsons Wins Contract to Update FAA Systems |date=December 28, 2001|work=Los Angeles Times|url=https://www.latimes.com/archives/la-xpm-2001-dec-28-fi-parsons28-story.html|access-date=May 11, 2024}}</ref>
In 1968, Parsons designed and constructed the entire Honolulu Airport in Honolulu, Hawaii (which is now referred to as the [[Daniel K. Inouye International Airport]]), including a 12,000-foot runway on an offshore reef to minimize noise in Honolulu.<ref>{{cite web |title=Hawaii Aviation - HNL 1960s |url=https://aviation.hawaii.gov/airfields-airports/oahu/honolulu-international-airport/hnl-1960s/ |website=Hawaii Aviation|publisher=Hawaii Aviation |access-date=May 2, 2024}}</ref> The runway is still used today. In 1968, Parsons began work to upgrade the [[Federal Aviation Administration|Federal Aviation Administration (FAA)]] by providing plans, specifications, and standards to upgrade air traffic controls in 19 facilities. Today, Parsons provides 24/7/365 technical support services in all nine FAA regions and two specialized FAA centers. Again in 2001, Parsons was the prime contractor to implement modernization plans for the national airspace system.<ref>{{Cite news |title=Parsons Wins Contract to Update FAA Systems |date=December 28, 2001|work=Los Angeles Times|url=https://www.latimes.com/archives/la-xpm-2001-dec-28-fi-parsons28-story.html|access-date=May 11, 2024}}</ref>
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In 1987, Parsons engineered, designed and delivered the Titan solid booster rocket test stand at [[Edwards Air Force Base|Edwards Air Force Base in California]].<ref>{{cite book |last1=Axelrod |first1=Alan |title=Mercenaries: A Guide to Private Armies and Private Military Companies |date=2013 |publisher=CQ Press |isbn=9781483364674 |url=https://books.google.com/books?id=lX9ZDwAAQBAJ&pg=PT569&lpg=PT569&dq=Parsons+edwards+air+force+base+test+stands&source=bl&ots=aI90qinUiE&sig=ACfU3U3tM6pp4ZnFr6hguBbE9zU1NSURwQ&hl=en&sa=X&ved=2ahUKEwjhn_-i1enjAhWDFXwKHVpVBXMQ6AEwE3oECAcQAQ#v=onepage&q=Parsons%20edwards%20air%20force%20base%20test%20stands&f=false |accessdate=4 August 2019}}</ref> The test stand facility was originally designed by Parsons in the early 1960s to support Saturn V engine testing.<ref name=psnedwards>{{cite book |last1=Young |first1=Anthony |title=The Saturn V F-1 Engine: Powering Apollo into History |date=2008 |publisher=Springer Praxis Books |isbn=9780387096308 |page=188 |url=https://books.google.com/books?id=OtaIDwAAQBAJ&pg=PA188&lpg=PA188&dq=Young,+Anthony,+The+Saturn+V+F-1+Engine:+Powering+Apollo+into+History+parsons&source=bl&ots=Jb1gX8cOUW&sig=ACfU3U1-pzydjkdzIzhvMd3XTK5Tyq2_vw&hl=en&sa=X&ved=2ahUKEwjBo4z3mcXjAhWDjp4KHShQAlUQ6AEwD3oECAkQAQ#v=onepage&q=Young%2C%20Anthony%2C%20The%20Saturn%20V%20F-1%20Engine%3A%20Powering%20Apollo%20into%20History%20parsons&f=false |accessdate=4 August 2019}}</ref> Parsons rebuilt the facility again after a 1991 test failure of a Titan IV SRMU motor that caused significant facility damage.<ref>{{cite news |last1=Rotella |first1=Sebastian |last2=Chandler |first2=John |title=Rocket Motor Explodes During Test : Aerospace: No one is reported injured. Mishap occurs at same Edwards Air Force Base site as a fatal accident last year. |url=https://www.latimes.com/archives/la-xpm-1991-04-02-me-1748-story.html |accessdate=10 August 2019 |work=Los Angeles Times |publisher=Los Angeles Times |date=2 April 1991}}</ref>
In 1987, Parsons engineered, designed and delivered the Titan solid booster rocket test stand at [[Edwards Air Force Base|Edwards Air Force Base in California]].<ref>{{cite book |last1=Axelrod |first1=Alan |title=Mercenaries: A Guide to Private Armies and Private Military Companies |date=2013 |publisher=CQ Press |isbn=9781483364674 |url=https://books.google.com/books?id=lX9ZDwAAQBAJ&pg=PT569&lpg=PT569&dq=Parsons+edwards+air+force+base+test+stands&source=bl&ots=aI90qinUiE&sig=ACfU3U3tM6pp4ZnFr6hguBbE9zU1NSURwQ&hl=en&sa=X&ved=2ahUKEwjhn_-i1enjAhWDFXwKHVpVBXMQ6AEwE3oECAcQAQ#v=onepage&q=Parsons%20edwards%20air%20force%20base%20test%20stands&f=false |accessdate=4 August 2019}}</ref> The test stand facility was originally designed by Parsons in the early 1960s to support Saturn V engine testing.<ref name=psnedwards>{{cite book |last1=Young |first1=Anthony |title=The Saturn V F-1 Engine: Powering Apollo into History |date=2008 |publisher=Springer Praxis Books |isbn=9780387096308 |page=188 |url=https://books.google.com/books?id=OtaIDwAAQBAJ&pg=PA188&lpg=PA188&dq=Young,+Anthony,+The+Saturn+V+F-1+Engine:+Powering+Apollo+into+History+parsons&source=bl&ots=Jb1gX8cOUW&sig=ACfU3U1-pzydjkdzIzhvMd3XTK5Tyq2_vw&hl=en&sa=X&ved=2ahUKEwjBo4z3mcXjAhWDjp4KHShQAlUQ6AEwD3oECAkQAQ#v=onepage&q=Young%2C%20Anthony%2C%20The%20Saturn%20V%20F-1%20Engine%3A%20Powering%20Apollo%20into%20History%20parsons&f=false |accessdate=4 August 2019}}</ref> Parsons rebuilt the facility again after a 1991 test failure of a Titan IV SRMU motor that caused significant facility damage.<ref>{{cite news |last1=Rotella |first1=Sebastian |last2=Chandler |first2=John |title=Rocket Motor Explodes During Test : Aerospace: No one is reported injured. Mishap occurs at same Edwards Air Force Base site as a fatal accident last year. |url=https://www.latimes.com/archives/la-xpm-1991-04-02-me-1748-story.html |accessdate=10 August 2019 |work=Los Angeles Times |publisher=Los Angeles Times |date=2 April 1991}}</ref>


In 1988, Parsons was hired to expand the [[Dulles International Airport|Dulles (IAD)]] and [[Ronald Reagan Washington National Airport|Ronald Reagan (DCA)]] airports.<ref>{{cite web|title=Dulles Concourse Gains 15 Gates|author=Jodi Richards|date=August 2008|url=https://airportimprovement.com/article/dulles-concourse-gains-15-gates#:~:text=IAD's%20Concourse%20B%20has%20been,concourse%20to%20its%20maximum%20footprint.|website=airportimprovement.com|access-date=May 16, 2024}}</ref> Parsons also continued to oversee rehabilitation of the [[Brooklyn Bridge]] that had been started by bridge firm Steinman, Boynton, Gronquist, and Birdsall which had been acquired by Parsons that year.<ref name="brooklynb">{{cite news|title=New Twists to an Old Suspense Story|author1=Scott Ladd |author2=Jim Cummins|date=December 20, 1987|publisher=Newsday (Nassau Edition)|url= https://www-newspapers-com.wikipedialibrary.idm.oclc.org/image/710749580/|page=341-343 |access-date=May 17, 2024}}</ref>
In 1988, Parsons was hired to expand the [[Dulles International Airport|Dulles (IAD)]] and [[Ronald Reagan Washington National Airport|Ronald Reagan (DCA)]] airports.<ref>{{cite web|title=Dulles Concourse Gains 15 Gates|author=Jodi Richards|date=August 2008|url=https://airportimprovement.com/article/dulles-concourse-gains-15-gates#:~:text=IAD's%20Concourse%20B%20has%20been,concourse%20to%20its%20maximum%20footprint.|website=airportimprovement.com|access-date=May 16, 2024}}</ref> Parsons also continued to oversee rehabilitation of the [[Brooklyn Bridge]] that had been started by bridge firm Steinman, Boynton, Gronquist, and Birdsall which had been acquired by Parsons that year.<ref name="brooklynb">{{cite news|title=New Twists to an Old Suspense Story|author1=Scott Ladd |author2=Jim Cummins|date=December 20, 1987|publisher=Newsday (Nassau Edition)|url= https://newspapers.com/image/710749580/|page=341-343 |access-date=May 17, 2024}}</ref>


'''1990s'''
'''1990s'''
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|publisher=algavare Daily News |access-date=May 12, 2024}}</ref>
|publisher=algavare Daily News |access-date=May 12, 2024}}</ref>


In 1998, Parsons was hired by the U.S. Navy to manage UXO removal in Hawaii.<ref>{{cite web|title=Navy Cleans Up Hawaiian Island |author=Bob Brewin |date=September 13, 1998 |url=https://www.nextgov.com/digital-government/1998/09/navy-cleans-up-hawaiian-island/256385/ |website=NextGov.com |access-date=May 14, 2024}}</ref> The unexploded ordinances had accumulated in the island of [[Kahoʻolawe|Kaho`olawe]].<ref>{{cite news|title=Navy’s Kahoolawe cleanup nears finish|author=Gregg K. Kakesako |date=November 7, 2003 |url=https://archives.starbulletin.com/2003/11/07/news/story6.html |publisher=Honolulu Star-Bulletin |access-date=May 12, 2024}}</ref> In 1999, Parsons completed the design for the New Baiyun Airport (now called the [[Guangzhou Baiyun International Airport]]) in Guangzhou, China.<ref>{{cite news|date=October 30, 1998|title=Guangzhou airport architects named as Parsons and URS |url=https://www.scmp.com/article/260503/guangzhou-airport-architects-named-parsons-and-urs|publisher=South China Morning Post|access-date=May 12, 2024}}</ref> Also in 1999, Parsons was selected to design the [[Woodrow Wilson Bridge]].<ref>{{cite news|title=Wilson Bridge Design Set |author=Paul Bradley|date=November 19, 1998 |publisher=Richmond Times-Dispatch |page=25, 30 |url=https://www-newspapers-com.wikipedialibrary.idm.oclc.org/image/833176164/?terms=Steinman%20Boynton%20Gronquist%20Birdsall |access-date=May 17, 2024}}</ref>
In 1998, Parsons was hired by the U.S. Navy to manage UXO removal in Hawaii.<ref>{{cite web|title=Navy Cleans Up Hawaiian Island |author=Bob Brewin |date=September 13, 1998 |url=https://www.nextgov.com/digital-government/1998/09/navy-cleans-up-hawaiian-island/256385/ |website=NextGov.com |access-date=May 14, 2024}}</ref> The unexploded ordinances had accumulated in the island of [[Kahoʻolawe|Kaho`olawe]].<ref>{{cite news|title=Navy’s Kahoolawe cleanup nears finish|author=Gregg K. Kakesako |date=November 7, 2003 |url=https://archives.starbulletin.com/2003/11/07/news/story6.html |publisher=Honolulu Star-Bulletin |access-date=May 12, 2024}}</ref> In 1999, Parsons completed the design for the New Baiyun Airport (now called the [[Guangzhou Baiyun International Airport]]) in Guangzhou, China.<ref>{{cite news|date=October 30, 1998|title=Guangzhou airport architects named as Parsons and URS |url=https://www.scmp.com/article/260503/guangzhou-airport-architects-named-parsons-and-urs|publisher=South China Morning Post|access-date=May 12, 2024}}</ref> Also in 1999, Parsons was selected to design the [[Woodrow Wilson Bridge]].<ref>{{cite news|title=Wilson Bridge Design Set |author=Paul Bradley|date=November 19, 1998 |publisher=Richmond Times-Dispatch |page=25, 30 |url=https://newspapers.com/image/833176164/?terms=Steinman%20Boynton%20Gronquist%20Birdsall |access-date=May 17, 2024}}</ref>


'''2000s'''
'''2000s'''
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* '''1944''', Ralph M. Parsons Company formed
* '''1944''', Ralph M. Parsons Company formed
* '''Jun 1966''', Vitro Engineering<ref name=”psnvtr”>{{cite news|title=Parsons Co. to Acquire Vitro Unit |publisher=The Los Angeles Times |date=June 23, 1966 |page=52 |url=https://www.newspapers.com/article/the-los-angeles-times-parsons-co-to-acq/147787966/ |access-date=May 19, 2024}}</ref>
* '''Jun 1966''', Vitro Engineering<ref name=”psnvtr”>{{cite news|title=Parsons Co. to Acquire Vitro Unit |publisher=The Los Angeles Times |date=June 23, 1966 |page=52 |url=https://www.newspapers.com/article/the-los-angeles-times-parsons-co-to-acq/147787966/ |access-date=May 19, 2024}}</ref>
* '''Jun 1971''', Dillingham Engineering Pty. Ltd.<ref name=”psndlh”>{{cite news |title=Ralph. M. Parsons Co. has acquired control of a Dillingham Corp. Unit |date=June 7, 1971 |publisher=The Los Angeles Times |url=https://www-newspapers-com.wikipedialibrary.idm.oclc.org/image/384795233/?match=1&terms=%22ralph%20m.%20parsons%22 |access-date=May 19, 2024}}</ref>
* '''Jun 1971''', Dillingham Engineering Pty. Ltd.<ref name=”psndlh”>{{cite news |title=Ralph. M. Parsons Co. has acquired control of a Dillingham Corp. Unit |date=June 7, 1971 |publisher=The Los Angeles Times |url=https://newspapers.com/image/384795233/?match=1&terms=%22ralph%20m.%20parsons%22 |access-date=May 19, 2024}}</ref>
* '''Oct 1977''', DeLeuw, Cather and Company<ref>{{cite news|title=Industry Notes|date=October 18, 1977|publisher=The Los Angeles Times|page=45 |url= https://www.newspapers.com/article/the-los-angeles-times-industry-notes/147788018/ |access-date=May 17, 2024}}</ref>
* '''Oct 1977''', DeLeuw, Cather and Company<ref>{{cite news|title=Industry Notes|date=October 18, 1977|publisher=The Los Angeles Times|page=45 |url= https://www.newspapers.com/article/the-los-angeles-times-industry-notes/147788018/ |access-date=May 17, 2024}}</ref>
* '''Mar 1985''', C.T. Main Corporation<ref name=”psnctm”>{{cite news |title=The C.T. Main Corporation has been acquired by The Parsons Corporation |publisher=The Boston Globe |date= March 31, 1985 |page=188 |url=https://www-newspapers-com.wikipedialibrary.idm.oclc.org/image/438330743/?match=1&terms=%22C.T.%20Main%22%20parsons |access-date=May 19, 2024}}</ref>
* '''Mar 1985''', C.T. Main Corporation<ref name=”psnctm”>{{cite news |title=The C.T. Main Corporation has been acquired by The Parsons Corporation |publisher=The Boston Globe |date= March 31, 1985 |page=188 |url=https://newspapers.com/image/438330743/?match=1&terms=%22C.T.%20Main%22%20parsons |access-date=May 19, 2024}}</ref>
* '''1988''', [[David B. Steinman|Steinman]], Boynton, Gronquist & Birdsall<ref name="sbgb">{{cite web|title=Steinman, Boynton, Gronquist & Birdsall Profile |date=February 8, 2020 |website=structurae.net |url=https://structurae.net/en/companies/steinman-boynton-gronquist-birdsall |access-date=May 19, 2024}}</ref>
* '''1988''', [[David B. Steinman|Steinman]], Boynton, Gronquist & Birdsall<ref name="sbgb">{{cite web|title=Steinman, Boynton, Gronquist & Birdsall Profile |date=February 8, 2020 |website=structurae.net |url=https://structurae.net/en/companies/steinman-boynton-gronquist-birdsall |access-date=May 19, 2024}}</ref>
* '''May 2005''', Alaris Group<ref name="psnAlaris">{{citation |title=Parsons Acquires The Alaris Group|url=https://mergr.com/parsons-acquires-the-alaris-group |access-date=31 Aug 2022 |work=Los Angeles Times |date=5 May 2005 |ref=psn3di}}</ref>
* '''May 2005''', Alaris Group<ref name="psnAlaris">{{citation |title=Parsons Acquires The Alaris Group|url=https://mergr.com/parsons-acquires-the-alaris-group |access-date=31 Aug 2022 |work=Los Angeles Times |date=5 May 2005 |ref=psn3di}}</ref>

Revision as of 16:02, 22 May 2024

Parsons Corporation
Company typePublic
NYSE: PSN
IndustrySecurity, Defense, Intelligence, Technology, and Critical Infrastructure
Founded1944; 80 years ago (1944) in California, United States (as Ralph M. Parsons Company)
HeadquartersChantilly, Virginia, U.S.
Key people
  • Carey Smith (CEO)
  • Matt Ofilos (CFO)
RevenueIncrease US$5.44 billion (2023)
Increase US$288 million (2023)
Increase US$161 million (2023)
Total assetsIncrease US$4.80 billion (2023)
Total equityIncrease US$2.38 billion (2023)
Websiteparsons.com
Footnotes / references
[1]

Parsons Corporation is an American technology-focused defense, intelligence, security, and infrastructure engineering firm headquartered in Chantilly, Virginia. The company was founded in 1944.[2]

Parsons has more than 18,000 employees across 30 countries.[1] Carey Smith serves as Chairwoman, President, and CEO of Parsons.[3]

History

Former Parsons headquarters in Pasadena, California

Parsons was founded by Ralph M. Parsons in 1944.[2] The company delivered electronics, instrumentation, ground checkout systems design, and engineering for aircraft, missiles and rockets during the Cold War.[4]

Throughout the 1950s and 1960s, Parsons expanded its service offerings to bring capabilities in engineering, design, and construction management to a wide range of infrastructure, including water and wastewater, oil and gas, aviation, rail and transit, and other critical facilities around the world.

In 1961, Parsons founded the Ralph M. Parsons Foundation. The foundation became entirely independent from the company in 1974.[5][6]

In 1974, Parsons opened the first part of its headquarters in Pasadena.[7]

In 1985, Parsons finalized an Employee Stock Ownership Program (ESOP), allocating shares in proportion to employees’ salaries.[8] The ESOP benefits program continues today.

During the late 1980s and early 1990s, transportation projects grew as part of the company’s portfolio, including some of the first major bridge engineering projects.

In late February 2019, Parsons announced the move of its headquarters from Pasadena, California to Centreville, Virginia.[9]

On May 8, 2019, Parsons executed an Initial Public Offering of approximately $500 million on the New York Stock Exchange under the symbol PSN.[10]

On September 1, 2023, Parsons announced the move of its headquarters to Chantilly, VA.[1]

Project Timeline

1940s

Less than 2 months after Parsons was founded, they were hired to provide turnkey engineering, management, and oil well drilling services to the great divide in Colorado, United States.

In 1948, Parsons began work to develop naval missile facilities at Point Mugu Missile facility.[11] Also in 1948, the Atomic Energy Commission created the Idaho National Engineering Laboratory reactor so that it could conduct advanced nuclear experiments with civilian and military reactors. Parsons designed all facilities for test and support operations—including the largest cast-in-place concrete arch ever poured, a span of 3,000 feet.[12]

1950s

In 1952, the U.S. Army awarded Parsons a multi-year design and construction contract role for numerous laboratory and test facilities at the Redstone Arsenal in Huntsville, Alabama.[13]

In January 1953, Parsons began work on the construction of Turkey’s first oil refinery near Batman, Turkey.[14]

Between 1957 and 1960, Parsons designed Port Arguello Launch Complex 1 under contract to the U.S. Navy to support the launch of MIDAS and SAMOS programs using Atlas missiles. The facility was renamed Launch Complex 3 when the Air Force assumed control of the base from the Navy.[15][16]

In 1958, Parsons began fabrication of electronics and instrumentation including miss-distance indicators for the Pershing Medium Range Ballistic Missile.[17] In June 1959, Parsons was awarded a contract for Titan ICBM facility design to be constructed near Moses Lake Washington.[18]

1960s

In 1961, Parsons designed the installation plans for each of the 1,000 Minuteman intercontinental ballistic missiles, which were used by the U.S. Air Force during the Cold War.[19] In 1964, Ralph M. Parsons personally managed the design of the U.S. Treasury Department Mint’s expansion. Parsons created all construction and equipment specifications, oversaw construction, and prepared operations and maintenance manuals.

In February 1963, Parsons was contracted to design the Apollo Spacecraft Propulsion System Development Facility at White Sands New Mexico.[20] In 1964, Parsons created a technical and economic blueprint for the North American Water and Power Alliance (NAWAPA), specifically in the United States, Canada and Mexico. The plan outlined concepts to build an integrated system of dams, channels, tunnels, reservoirs, hydroelectric plants, and pumping stations. The plan ultimately did not move forward due to environmental concerns and cost.[21] In 1966, Parsons has served as general engineering consultant for the DC Washington Metro in Washington, D.C., which is a $11 billion, 103-mile rapid transit rail system connecting Washington, D.C., to its many suburbs.[22]

In 1968, Parsons designed and constructed the entire Honolulu Airport in Honolulu, Hawaii (which is now referred to as the Daniel K. Inouye International Airport), including a 12,000-foot runway on an offshore reef to minimize noise in Honolulu.[23] The runway is still used today. In 1968, Parsons began work to upgrade the Federal Aviation Administration (FAA) by providing plans, specifications, and standards to upgrade air traffic controls in 19 facilities. Today, Parsons provides 24/7/365 technical support services in all nine FAA regions and two specialized FAA centers. Again in 2001, Parsons was the prime contractor to implement modernization plans for the national airspace system.[24]

1970s

In 1970, Parsons was hired by BP and ExxonMobil to perform engineering studies in Alaska to determine if the company could overcome the technical and logistical engineering challenges in Arctic oil production.[25] In 1971, Parsons and Union Oil Co. of California demonstrated an improved sulfur recovery process at Union’s Los Angeles pilot refinery plant. Based on the proven capacity to extract over 99% of the sulfur contained in the waste gases, the company was contracted to construct a full scale plant to harvest sulfur for industrial uses and reduce pollution.[26]

Following arctic oil production study, Parsons was hired in 1974 as managing contractor for all oil and gas facilities for BP and Exxon’s east side portion of Prudhoe Bay, Alaska.[25] Also in 1974, Parsons provided modernization and construction program services for the new construction on more than 100 major U.S. postal installations.[27] Parsons continues to provide services for the USPS today.[28][29]

In 1975, Parsons was selected to transform Yanbu, Red Sea in Saudi Arabia into a thriving, modern port complex. The company provided the master plan, design, and construction management services for this self-contained industrial city of more that 100,000 people that produces oil, gas, and petrochemical products used worldwide.[30] Continuing work in the middle east, Parsons won a contract to design, engineer, and manage the construction of multiple facilities for ARAMCO’s Saudi Arabian gas program.[31]

In October 1976, the Federal Railroad Administration awarded Parsons, as part of a joint venture, the Northeast Corridor Improvement Program contract, which was to provide a 456-mile, high-speed rail service between Boston, New York, and Washington, D.C.[32] In 1977, Parsons completed a 4-year design-build turnkey program to build the Jeddah Airport in Saudi Arabia (also known as the King Abdulaziz International Airport).[30]

In 1978, Parsons developed facilities criteria for assembly, testing, and system support of the U.S. Air Force’s MX missile system at Vandenberg Space Force Base.[33] In addition, as a subcontractor to Martin Marietta, Parsons supported development of the Space Shuttle ground system at Vandenberg. [34] Parsons support to the ground infrastructure development effort continued into the mid-1980s.[35]

1980s

In 1980, Los Angeles selected a Parsons joint venture to provide the Hyperion Wastewater Treatment Plant with program management, advanced planning, conceptual/detailed design, construction management, and startup services on all of their solids- and gas-handling expansion projects. In 1981, Parsons won a contract for the Petromin-Shell petrochemical design-build project, the company’s largest petrochemical project ever, valued at $1.5 billion.[36]

In 1985, the Los Angeles Metropolitan Transportation Authority hired a Parsons joint venture to provide commuter rail services and construction management of what would become the MTA’s Red Line.[37][38] Also in 1985, the U.S. Army Corps of Engineers selected Parsons to furnish design, systems integration, engineering, and procurement for the eight chemical weapons incineration plants throughout the continental United States.[39] The final munition was destroyed in July 2023 in Kentucky by a joint-venture team led by Bechtel National, Inc. and Parsons Corporation.[40] In 1986, Parsons designed, engineered, and managed construction of the Red Dog mine air and sea ports along with the entire complex.[41]

In 1987, Parsons engineered, designed and delivered the Titan solid booster rocket test stand at Edwards Air Force Base in California.[42] The test stand facility was originally designed by Parsons in the early 1960s to support Saturn V engine testing.[43] Parsons rebuilt the facility again after a 1991 test failure of a Titan IV SRMU motor that caused significant facility damage.[44]

In 1988, Parsons was hired to expand the Dulles (IAD) and Ronald Reagan (DCA) airports.[45] Parsons also continued to oversee rehabilitation of the Brooklyn Bridge that had been started by bridge firm Steinman, Boynton, Gronquist, and Birdsall which had been acquired by Parsons that year.[46]

1990s

In 1992, the Port of Los Angeles selected Parsons to design the Pier 300 $60 million dry bulk terminal for international commodities such as coal and petroleum coke.[47] Also in 1992, Parsons provided engineering cleanup services to the Department of Energy for its uranium enrichment facilities in Ohio. The project was worth $125 million.[48] In 1993, The Southern Nevada Water Authority selected Parsons as PM/CM for their $2 billion capital improvement program to increase water capacity for the Las Vegas Valley.[49] The company continues to provide program and construction management services to SNWA most recently being awarded $150M contract in July 2023.[49]

In 1995, Parsons designed, engineered and managed infrastructure elements of the National Ignition Facility’s (NIF) construction.[50][51] This facility houses the world’s most powerful laser.[52] Additionally in 1995, Parsons paid the U.S. $3.2 million to settle fraud claims, the settlement comes from allegations that Parsons knowingly overbilled the government on two Air Force contracts.[53]

In 1996, Parsons was awarded a contract by the USAID to reconstruct Bosnia-Herzegovina, in the Balkans, after the war.[54] In 1997, Parsons began the structural rehabilitation and catenary designs that incorporated electrifying the railroad tracks of the Tagus River Bridge (also known as the 25 de Abril Bridge) in Lisbon, Portugal.[55] The company continues to support bridge improvements and maintenance.[56]

In 1998, Parsons was hired by the U.S. Navy to manage UXO removal in Hawaii.[57] The unexploded ordinances had accumulated in the island of Kaho`olawe.[58] In 1999, Parsons completed the design for the New Baiyun Airport (now called the Guangzhou Baiyun International Airport) in Guangzhou, China.[59] Also in 1999, Parsons was selected to design the Woodrow Wilson Bridge.[60]

2000s

On September 19, 2002, Parsons was awarded a contract to design, build commission and operate the Savannah River Salt Waste Processing Facility (SWPF) in South Carolina by the department of energy.[61] In 2020, the company completed all steps to begin the treatment of radioactive waste at the facility.[62]

On October 8, 2002, Parsons proceeded on the Tacoma Narrows Bridge, a design-build project, originally scheduled to be constructed in 55 months.[63][64] The bridge was completed and opened in 2007.[65]

In 2004, Parsons served as project manager to cleanup and restore Onondaga Lake in New York.[66]

Also in 2004, a $29.5 million contract was given to both Parsons and Gilbert Southern/Massman Construction to redo a portion of the Escambia Bay Bridge near Pensacola, FL after Hurricane Ivan made landfall and knocked off 58 spans of the original bridge and misaligned 66 other spans. Traffic destined for the bridge was rerouted onto US 90 (exit 17 on I-10) for 2 months while construction was taking place, which caused severe traffic jams. The westbound bridge opened to traffic on October 4, six days ahead of schedule, while the eastbound lanes opened to traffic on November 20, 66 days after Ivan made landfall and 27 days ahead of schedule. Both contractors received $1.5 million in bonuses for the early completion.[67][68]

In addition in 2004, Parsons was awarded a contract for a $243-million project to build 150 healthcare centers in Iraq in March 2004. By March 2006, $186 million had been spent, with six centers complete and accepted by the U.S. Army Corps of Engineers (USACE);, 135 centers only partly complete; and one was reassigned to another contractor. USACE progressively terminated the contract from September 2005 to March 2006, eventually requiring Parsons to complete a total of 20 centers, with the others to be completed by other contractors. The estimated cost for the completion of the other 121 centers was $36 million.[69] This lead to Parsons and USACE disputing the degree to which the final 20 centers were completed.[70] A report by the Special Inspector General for Iraq Reconstruction cited problems, including "high turnover among government personnel... directions... given without agreement from the contractor... program managers' responsiveness to contractor communications, cost and time reporting, administration and quality assurance".[70]

In 2005, a Parsons led joint venture constructed the north terminal of the Miami International Airport.[71] The same joint venture (Parsons-Odebrecht) was awarded another contract for the airport to improve the baggage handling system.[72]

In 2006, in a joint-venture, Parsons provided the design review and program/construction supervision for the construction of the Dubai Metro.[73]

2010s

In 2010, Parsons, in a joint-venture, completed the $575-million, LEED-silver-certified Tom Bradley International Terminal Improvements and Baggage Screening Systems Project at Los Angeles International Airport. Parsons was the construction manager for this project.[74] Parsons was also a part of the terminals update in 2006.[75] The company also played a role in post 9/11 Pentagon rebuilding efforts, providing program and construction management services.[76]

In 2011, in a joint-venture, Parsons completed construction on the John James Audubon Bridge in Mississippi.[77] The John James Audubon Bridge is the longest cable-stayed bridge in the Western Hemisphere and is also the first Design-Build project undertaken by the Louisiana Department of Transportation and Development.[78] On November 8, 2012, the bridge was awarded the Design-Build Institute of America (DBIA) 2012 Design Excellence Award.[78]

In 2013, Parsons designed and managed construction for the earthworks, roads and water and wastewater in Saadiyat Island, Abu Dhabi, UAE.[79]

In October 2014, Parsons was awarded a contract by Tecon Investments to oversee major elements of the Dubai Design District (D3).[80]

In 2016, construction was completed for the World Trade Center Port Authority Trans-Hudson Transportation Hub (PATH). Parsons was responsible for the infrastructure group design of the project, as well as supervising the civil, geo-technical and environmental design of the project. It also oversees the installation of the project’s communication and safety systems.[81]

On June 12, 2017, Parsons accepted the award for the Operational Efficiency Project of the Year from the California Transportation Foundation (CTF) for their Intelligent Transportation System work on the I-80 Smart Corridor Project.[82]

In 2017, Parsons worked with Abu Dhabi Airports Company as program manager for the Abu Dhabi International Airport expansion.[83]

In April 2018, Leidos selected Parsons for the lead construction role to revitalize the US Antarctic research base at McMurdo Sound, Antarctica in support of the National Science Foundation US Antarctic Program.[84][85] In December 2019, it was announced that Parsons and Leidos Holdings Inc. had earned spots on a $4 billion contract to support the cleanup of a former nuclear weapons site in southern Washington state.[86]

2020s

In May 2020, Parsons was awarded the $61M owner's engineer contract suppporting construction of the new Windsor-Detroit (Gordie Howe) Bridge[87]

In May 2021, Parsons awarded contract with $185M ceiling to deliver Integrated Solutions for Situational Awareness (ISSA) for Space Systems Command[88] In July, Parsons was awarded a seven year contract from the Missile Defense Agency to continue work on the TEAMs Next contract to support the development of defense systems.[89]

In 2023, Parsons was confirmed as the delivery partner for The Line at NEOM, a 170 km linear city being built in Saudi Arabia.[90]

On July 7, 2023, U.S. officials announced that the final munition in the nation's obsolete stockpile of chemical weapons at the Blue Grass Chemical Agent Plant has been safely destroyed by Bechtel National, Inc. and Parsons. The team used neutralization and explosive destruction to eliminate the munition.[40]

Signature projects

Notable Parsons projects include:

Corporate Governance

Board of Directors

The board of directors consists of 11 members.[91] As of March 2023, members include:

  • Carey Smith: Chairwoman, President, And Chief Executive Officer
  • George Ball, Former Chief Financial Officer Of Parsons Corporation
  • Mark K. Holdsworth, Founder And Managing Partner Of The Holdsworth Group
  • Steven F. Leer, Former Executive Chairman Of The Board Of Directors Of Arch Coal, Inc.
  • Ellen Lord, Former Under Secretary Of Defense For Acquisition And Sustainment For The U.S. Department Of Defense
  • Letitia A. Long, Former Director Of The National Geospatial-Intelligence Agency (NGA)
  • Darren W. McDew, General USAF (ret), Retired U.S. Air Force General
  • Harry T. McMahon, Former Executive Vice Chairman Of Bank of America Merrill Lynch
  • M. Christian Mitchell, Former National Managing Partner Of Deloitte
  • Suzanne M. “Zan” Vautrinot, Major General USAF (ret), President Of Kilovolt Consulting, Inc.
  • David C. Wajsgras, Former President Of The Intelligence, Information And Services (IIS) Business (Raytheon)

Acquisitions

Companies acquired by Parsons listed by date of acquisition (incomplete list). Information is current as of May 2024.

  • 1944, Ralph M. Parsons Company formed
  • Jun 1966, Vitro Engineering[92]
  • Jun 1971, Dillingham Engineering Pty. Ltd.[93]
  • Oct 1977, DeLeuw, Cather and Company[94]
  • Mar 1985, C.T. Main Corporation[95]
  • 1988, Steinman, Boynton, Gronquist & Birdsall[96]
  • May 2005, Alaris Group[97]
  • Jun 2006, 3D/International[98]
  • Mar 2009, McMunn Associates[99]
  • Nov 2011, Sparta, Inc[100]
  • Apr 2014, Delcan, Inc. [101]
  • May 2014, Secure Mission Solutions[102]
  • Nov 2017, Williams Electric[103]
  • May 2018, Polaris Alpha[104]
  • Jan 2019, OG Systems[105]
  • Jul 2019, QRC Technologies[106]
  • Oct 2020, Braxton Science & Technology Group[107]
  • Jun 2021, Blackhorse Solutions[108]
  • Jul 2021, Echo Ridge LLC [109]
  • Jun 2022, Xator Corporation[110]
  • Apr 2023, IPKeys Power Partners and IPKeys Cyber Partners[111]
  • Aug 2023, Sealing Technologies, Inc.[112]

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Further Reading

  • Official website
  • Business data for Parsons Corporation:
Retrieved from "https://en.wikipedia.org/w/index.php?title=Parsons_Corporation&oldid=1225137548"