Latest news with #programmanagement
Yahoo
2 days ago
- Business
- Yahoo
Jacobs wins $150M Denver airport contract
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Award: Program management Value: $150 million Location: Denver Client: Denver International Airport Jacobs will help reshape how travelers move through Denver International Airport as the Mile High City launches its next major transportation overhaul, according to a news release. The Denver City Council approved on May 12 a $150 million, 10-year agreement with Jacobs to oversee development of a new rental car hub and connected transportation system at Denver International Airport. Under the contract, Jacobs will provide program management support for the Consolidated Rent-A-Car facility and the Common Transportation System that will link it to the airport's main terminal. The work includes electric vehicle infrastructure, fueling operations, traffic design and technology upgrades, according to the release. Jacobs will also handle procurement, according to the company. 'Consolidating rental car operations in a single facility connected to the main terminal by a common transportation system reduces traffic in the terminal area, eliminates the unsustainable numbers of shuttle buses, frees up curb space and allows redevelopment of surface lots for future needs,' said Steve Pelham, Jacobs vice president and transportation director for the Americas. 'For Denver International Airport, these enhancements will provide critical space as the airport expands to meet demand.' The contract continues Jacobs' longstanding partnership with the airport, where the Dallas-based firm has supported more than 60 projects since 1992, according to Jacobs. That includes projects such as the Great Hall Improvement Program and the Concourse Expansion Program. The award comes as Jacobs leans further into infrastructure and consulting work, according to its second-quarter earnings call in May. CEO Bob Pragada said the firm remains focused on federal and infrastructure clients, especially as broader economic uncertainty complicates the construction outlook. Earlier this month, Sound Transit, the public transit agency in Seattle, selected Jacobs to lead early design for its West Seattle Link Extension, a 4.1-mile light rail project expected to cost up to $7.1 billion. Recommended Reading Jacobs remains 'well positioned' amid economic uncertainty 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
Associated Press
23-06-2025
- Business
- Associated Press
Parsons Named #1 Program Management Firm by Engineering News-Record
CHANTILLY, Va., June 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was ranked #1 on Engineering News-Record's (ENR) annual list of Top 50 Program Management Firms. This ranking, which is two spaces ahead of the company's spot from the 2024 list, demonstrates the company's global leadership and top performance in complex program management and program delivery for the world's toughest projects. 'Parsons is the world's leading solutions delivery partner,' said Carey Smith, chair, president, and CEO for Parsons. 'Customers around the world trust Parsons' to deliver results on their most complex and challenging programs, leveraging our depth of experience in program management, systems engineering, and integration to successfully deliver optimal performance on-cost and on-schedule.' 'This ranking as the top program management firm in the world, along with continual high rankings in construction management, exemplify our company's commitment to program excellence, accountability, and delivery success that make impossible projects possible. When faced with a project, our employees focus on innovation, collaboration, and results.' Parsons is actively overseeing transportation, defense, aviation, urban development, and federal facility infrastructure programs with a total constructed value of over $1 trillion. The company's notable program management and construction management projects span markets and continents, including: In addition to the top program management ranking, Parsons was ranked number two on the Top 100 Professional Services Firms list; number two on the Top 100 Construction Management/PM-for-Fee Firms list; number three on the Top 50 Construction Management Firms list; and number six on the Top 20 Firms in Combined Design and CM-PM Professional Services Revenue list. Parsons provides a full spectrum of program and construction management solutions across numerous industries, including aviation, rail and transit, and water and wastewater. Whether delivering planning and design, construction and operations, owner's engineer, or integrated PMO services, the company works closely with all project stakeholders to ensure successful project delivery. For more than 80 years, our experts have helped design and deliver the global infrastructure that connects and protects communities around the world. To learn more about Parsons' program management expertise, visit ENR compiles these annual rankings based on self-reported revenue data. For more information on the lists, visit About ParsonsMedia Contact: Bernadette Miller +1 980.253.9781 [email protected] Investor Relations Contact: Dave Spille +1 703.775.6191 [email protected]
Entrepreneur
06-05-2025
- Business
- Entrepreneur
From Niche to Necessity: How to lead the Charge in Security in the Digital Age
Broadcom, a leader in cybersecurity solutions, responds to this industry challenge by turning to Rajesh Devadasan's expertise as its Head of Program Management for Symantec Information and Network Security Division. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Cybersecurity grew from a niche IT concern to a cornerstone of corporate strategy worldwide. As digital threats have grown more sophisticated, so has the need for advanced security measures, pushing companies to implement robust frameworks to protect their data and devices. Broadcom, a leader in cybersecurity solutions, responds to this industry challenge by turning to Rajesh Devadasan's expertise as its Head of Program Management for Symantec Information and Network Security Division. Devadasan uses his 20 years of experience in program portfolio management, project implementation, and team leadership to manage Broadcom's Network and Information security portfolio. His programs are a critical element in the company's offering for businesses battling against various cyber threats. Expertise in Swift Transformation Before diving into cybersecurity strategies, Rajesh Devadasan ensures that businesses are primed for digital transformation, understanding the need for preparation before transitioning to advanced security systems. Fundamental to his role at Broadcom is guiding organizations through critical preparatory stages. These include refining executive decision-making processes and merging disparate program management groups. For Devadasan, this foundational work is crucial as it sets the stage for a seamless integration of sophisticated cybersecurity measures. He ensures that the groundwork is laid by aligning leadership's strategic vision with the operational capabilities of diverse teams. This is essential for successfully adopting new technologies. Furthermore, Devadasan adopts agile methodologies to facilitate system transitions. He helps organizations become more adaptive and responsive to the rapid changes typical in digital and cybersecurity landscapes. This approach accelerates the transformation process and enhances the effectiveness of new systems once they are implemented. With these preparations, Devadasan ensures that the migration to advanced cybersecurity frameworks is smooth and optimal. Teams and executive processes are streamlined, positioning businesses better to protect their critical assets against emerging digital threats. Implementing Cutting-Edge Strategies In overseeing program management for Broadcom Network and Information Security portfolio, Devadasan transitions from guiding organizations through preparatory stages to leveraging his expertise in implementing security systems. A critical part of his work involves creating a portfolio model that facilitates effective management of security solutions without relying on costly software or subscriptions. According to Devadasan, this model optimizes resource allocation and enhances Symantec's agility in responding to emerging cybersecurity challenges. His strategic oversight ensures that Symantec's security solutions are both cutting-edge and cost-effective. It subsequently enables a broad spectrum of organizations to fortify their defenses without prohibitive expenses. Within this framework, Devadasan has been instrumental in integrating the Secure Access Service Edge (SASE) through Symantec Web Protection. SASE is particularly vital for organizations increasingly relying on cloud services. Devadasan explains that SASE converges network and security functions with cloud-native capabilities, allowing companies to scale securely and efficiently as their workforce and data transition to the cloud. He also explores implementing Zero Trust, ensuring comprehensive security across all dimensions—endpoint, network, information, and identity—whether on-premises or in the cloud. This holistic approach secures the workforce, data, and workloads and maintains needed visibility and control. That is crucial for organizations implementing a robust yet accessible Zero Trust framework. "The essence of our strategy lies in not just defending the perimeter but ensuring that every access point and data transaction is secured," Devadasan explains. "This means adopting a mindset where trust is never assumed, and verification is an ongoing process." The Challenges of Modern Cybersecurity Navigating the complexities of modern cybersecurity might appear straightforward, yet, as Devadasan points out, the reality is far from simple. He emphasizes the challenges brought about by the shift towards remote work, which has significantly broadened the security perimeter that organizations must defend. "The transition towards remote work has changed the game of cybersecurity. Traditional security models are no longer sufficient in this distributed environment," he adds. As cybersecurity technologies and threats evolve, so must the expertise of those who manage them. Devadasan highlights the need for continual learning and adaptability in his field and role at Broadcom. The cybersecurity expert points out that the true measure of success in his role is not just routine operations. It is also in how effectively these systems perform during cyberattacks while preventing substantial loss and delays.
