Latest news with #CareySmith
Globe and Mail
3 days ago
- Business
- Globe and Mail
Parsons to Present at Baird's 2025 Global Consumer, Technology & Services Conference
CHANTILLY, Va., May 30, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at Baird's 2025 Global Consumer, Technology & Services Conference on Wednesday, June 4, 2025, at approximately 2:35 p.m. Eastern Time. This presentation will be available live via webcast on the investor relations section of Parsons' website ( A replay of the webcast also will be available on the website for 30 days. 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 intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit and follow us on LinkedIn and Facebook to learn how we're making an impact.
Yahoo
3 days ago
- Business
- Yahoo
Parsons to Present at Baird's 2025 Global Consumer, Technology & Services Conference
CHANTILLY, Va., May 30, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at Baird's 2025 Global Consumer, Technology & Services Conference on Wednesday, June 4, 2025, at approximately 2:35 p.m. Eastern Time. This presentation will be available live via webcast on the investor relations section of Parsons' website ( A replay of the webcast also will be available on the website for 30 days. 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 intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit and follow us on LinkedIn and Facebook to learn how we're making an impact. Contacts: MediaBryce McDevittParsons Corporation+1 Investor RelationsDave SpilleParsons Corporation+1 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
20-05-2025
- Business
- Zawya
Parsons' portfolio, experience, and strength as a global infrastructure leader shines as U.S. President visits Middle East
United Arab Emirates, Dubai – Parsons Corporation (NYSE: PSN) and its extensive Middle East portfolio were on full display during President Trump's visit to the region this week. The President's itinerary included visits to Saudi Arabia, Qatar, and the United Arab Emirates; each of which represent significant growth opportunities for the company. The visits underscored Parsons' pivotal role as a premier infrastructure leader in the region and its alignment with administration priorities not just in infrastructure but also defense and security. The company has operated in the Middle East for over six decades, with nearly 7,000 employees in the Gulf Cooperation Council (GCC) countries today and more than $1 billion in annual revenue in 2024. 'Parsons is in the right markets, at the right time, and with the right people, as shown in the Middle East this week,' said Carey Smith, Chair, President, and of Parsons Corporation. 'Our continued success across the Middle East is built on the decades-long trust we've established with clients, an understanding of their goals, and our talented workforce's commitment to delivering results. Supporting our customers throughout the GCC, we are leading some of the most exciting and breakthrough projects in the world today, leveraging advanced technologies including AI. I'm excited about our strong and increasing presence in the region.' The President visited the three countries throughout the week, meeting with government and industry leaders and highlighting the strong partnership with the United States. Parsons' portfolio was acknowledged during the events, including a signing ceremony for Parsons' selection as Delivery Partner for two awards for the new King Salman International Airport at the Saudi-U.S. Investment Forum in Riyadh on Tuesday. Smith also attended private CEO roundtables with the President in multiple countries where she emphasized the company's global portfolio and its critical infrastructure and national security capabilities, and met with U.S. and host country delegations and cabinet officials across the week. With a regional presence since the 1950s, Parsons brings deep domain expertise in the region across project and program management, urban development, transportation (including rail, metro, aviation, roads, and ports), smart mobility, asset management, and master planning. The company has completed thousands of projects in the region since its first work on Dhahran Airport (now known as King Abdulaziz Air Base), in Saudi Arabia in 1958. In Saudi Arabia, the company has been a partner in advancing the Kingdom's Vision 2030, contributing to 50 current projects, including giga and mega projects that enhance urban development and infrastructure. The company is working on some of the Kingdom's premier projects including King Salman Park, the world's largest urban park; NEOM's THE LINE and Oxagon projects; Soudah Peaks; and Riyadh Metro, the largest driverless metro system in the world. Parsons' projects in Qatar have focused on sustainable infrastructure and smart city initiatives, aligning with the country's vision for future growth and development. The company has supported milestone Qatari projects including the FIFA World Cup Qatar 2022, Seef Lusail Development, Al Khor Expressway, Lusail Light Rail Transit, Doha Metro Networks, and the Hamad International airport expansion. In the United Arab Emirates, Parsons has successfully completed more than 3,000 projects including Zayed International Airport, the Etihad Rail first stage, Cleveland Clinic, the Sheikh Zayed Tunnel and Sheikh Khalifa bridge, the region's first metro line in Dubai, the Dubai Canal and iconic Infinity Bridge over the Dubai Creek, the Dubai Expo, EMAAR's Emirates Hills development which triggered Dubai's freehold property market, the Sharjah International Airport, and many more. Parsons' is also embracing regional demand for innovation in infrastructure, leveraging AI and other advanced technologies to deliver digital solutions on the region's bold infrastructure programs. 'Across the Middle East, we are pioneering new technologies and innovative approaches to infrastructure that we can deploy globally,' said Smith. 'We're harnessing the inspiring expertise of our talent and leveraging that global workforce to drive innovation and excellence from here to programs and customers around the world.' A leader in national security and global infrastructure with more than 20,000 employees globally, Parsons prides itself on its balanced portfolio and six growing and profitable end markets. The company, which celebrated its 80th anniversary in 2024, is capitalizing on unprecedented global infrastructure spending, alignment with the Trump Administration's national security priorities, proven experience, and mission-focused culture to deliver for customers around the globe. To learn more about Parsons' Middle East portfolio, visit 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 and follow us on LinkedIn and Facebook to learn how we're making an impact.
Globe and Mail
16-05-2025
- Business
- Globe and Mail
Parsons' Portfolio, Experience, and Strength as a Global Infrastructure Leader Shines as U.S. President Visits Middle East
CHANTILLY, Va., May 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) and its extensive Middle East portfolio were on full display during President Trump's visit to the region this week. The President's itinerary included visits to Saudi Arabia, Qatar, and the United Arab Emirates; each of which represent significant existing work and future growth opportunities for the company. The visits underscored Parsons' pivotal role as a premier infrastructure leader in the region and its alignment with the administration's priorities, not just in infrastructure but also defense and security. The company has operated in the Middle East for over six decades, with nearly 7,000 employees in the Gulf Cooperation Council (GCC) countries today and more than $1 billion in annual revenue in 2024. 'Parsons is in the right markets, at the right time, and with the right people, as shown in the Middle East this week,' said Carey Smith, Chair, President, and Chief Executive Officer of Parsons Corporation. 'Our continued success across the Middle East is built on the decades-long trust we've established with our clients, an understanding of their goals, and our talented workforce's commitment to delivering results. Supporting our customers throughout the GCC, we are leading some of the most exciting and breakthrough projects in the world today, leveraging advanced technologies including artificial intelligence. I'm excited about our strong and increasing presence in the region.' The President visited the three countries throughout the week, meeting with government and industry leaders and highlighting the strong partnership with the United States. Parsons' portfolio was acknowledged during the events, including a signing ceremony for Parsons' selection as the Delivery Partner with two awards for the new King Salman International Airport at the Saudi-U.S. Investment Forum in Riyadh on Tuesday. Smith also attended private CEO roundtables with the President in multiple countries where she emphasized the company's global portfolio and its critical infrastructure and national security capabilities and met with U.S. and host country delegations and cabinet officials across the week. With a regional presence since the 1950s, Parsons brings deep domain expertise in the region across project and program management, urban development, transportation (including rail, metro, aviation, roads, and ports), smart mobility, asset management, and master planning. The company has completed thousands of projects in the region since its first work on Dhahran Airport (now known as King Abdulaziz Air Base), in Saudi Arabia in 1958. In Saudi Arabia, the company has been a partner in advancing the Kingdom's Vision 2030, contributing to 50 current projects, including giga and mega projects that enhance urban development and infrastructure. The company is working on some of the Kingdom's premier projects including King Salman Park, the world's largest urban park; NEOM's THE LINE and Oxagon projects; Soudah Peaks; and Riyadh Metro, the largest driverless metro system in the world. Parsons' projects in Qatar have focused on sustainable infrastructure and smart city initiatives, aligning with the country's vision for future growth and development. The company has supported milestone Qatari projects including the FIFA World Cup Qatar 2022; Seef Lusail Development; Al Khor Expressway; Lusail Light Rail Transit; Doha Metro Networks; and the Hamad International Airport expansion. In the United Arab Emirates, Parsons has successfully completed more than 3,000 projects including Zayed International Airport; the Etihad Rail first stage; Cleveland Clinic; the Sheikh Zayed Tunnel and Sheikh Khalifa Bridge; the region's first metro line in Dubai; the Dubai Canal and iconic Infinity Bridge over the Dubai Creek; the Dubai Expo; EMAAR's Emirates Hills development which triggered Dubai's freehold property market; the Sharjah International Airport; and many more. Parsons' is also embracing regional demand for innovation in infrastructure, leveraging AI and other advanced technologies to deliver digital solutions on the region's bold infrastructure programs. 'Across the Middle East, we are pioneering new technologies and innovative approaches to infrastructure that we can deploy globally,' said Smith. 'We're harnessing the inspiring expertise of our people and leveraging that global workforce to drive innovation and excellence to programs and customers around the world.' A leader in national security and global infrastructure with more than 20,000 employees globally, Parsons prides itself on its balanced portfolio and six growing and profitable end markets. The company, which celebrated its 80 th anniversary in 2024, is capitalizing on unprecedented global infrastructure spending, alignment with the Trump Administration's national security priorities, proven experience, and mission-focused culture to deliver for customers around the globe. To learn more about Parsons' Middle East portfolio, visit 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 and follow us on LinkedIn and Facebook to learn how we're making an impact. Media Contact Lara Masri Parsons Corporation +971 4 4029767 Investor Relations Dave Spille VP, Investor Relations +1 703.775.6191
Zawya
14-05-2025
- Business
- Zawya
Parsons selected as Delivery Partner for King Salman International Airport
RIYADH, Kingdom of Saudi Arabia – Parsons Corporation (NYSE: PSN) announced today, on the sidelines of the Saudi-US Investment Forum in Riyadh, that the company has been awarded two Delivery Partner (DP) contracts by the King Salman International Airport Development Company (KSIADC) which is owned by the Public Investment Fund. These significant contracts represent new work for the company and span the initial four years of the airport's multi-year development. The first contract is for airfield assets and includes the runways, taxiways, aircraft parking areas, and air traffic control towers. The second contract is for landside infrastructure packages including roads, utilities, tunnels, bridges, rail network, and landscaping. As DP, Parsons will provide project management services for all phases of both contracts including early development, design, permits and approvals, procurement, construction, commissioning, handover, and overall coordination. 'Parsons is proud to expand our legacy in the Kingdom of Saudi Arabia, which started in 1958 with the Dhahran Airport. It is an honor to work with KSIA's visionary team on what will become one of the world's largest airports,' said Carey Smith, Chair, President, and Chief Executive Officer at Parsons. 'Parsons is committed to supporting KSIADC's vision to redefine airports for the 21st Century and beyond through delivering an enhanced traveler experience and creating the world's premier logistics hub.' Acting CEO of King Salman International Airport Development Company, Marco Mejia, commented: 'Selecting Parsons as a Delivery Partner is a strategic step toward realizing our vision of developing a world-class airport built on innovation, sustainability, and operational excellence. Delivering a project of this scale requires collaboration with global experts in infrastructure and project management, and Parsons brings the experience and capabilities needed to help us achieve our goals.' KSIADC is driving the development of the new airport in the Kingdom's capital Riyadh. Covering an area of 57 km2 (approximately 22 sq mi2) the new airport will have 6 parallel runways upon completion and is anticipated to accommodate up to 120 million passengers by 2030 and 185 million passengers, as well as 3.5 million tons of cargo, by 2050. Parsons work with the PIF started in 2017 and includes innovative projects across the Kingdom such as THE LINE, Oxagon, and multiple ROSHN developments. Parsons, a leading global aviation solutions provider, has planned, designed, constructed, managed, enhanced, and sustained terminal, landside, and airside infrastructure for over 450 airports in 40 countries. This includes work on major airports in the Middle East such as Zayed International Airport and Sharjah International Airport in the United Arab Emirates, Hamad International Airport in Qatar, and Kuwait International Airport. From modernizing infrastructure to enhancing operational efficiency, the company leverages cutting-edge technology to address the evolving needs of the aviation industry. With a regional presence spanning more than 65 years, Parsons brings deep domain expertise across project and program management, urban development, transportation (including rail, metro, aviation, roads, and ports), smart mobility, asset management, and master planning. 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 and follow us on LinkedIn and Facebook to learn how we're making an impact.
