Parsons Corporation (PSN)
Parsons Corporation is a specialized provider of digitally enabled solutions in the national security and global infrastructure markets, currently led by Chair, President, and CEO Carey Smith. The company’s mission is to "deliver innovative technology to solve the world’s most complex challenges," a vision realized through its leadership in cyber, space, and missile defense. Parsons Corporation stock is a premier "Defense and Infrastructure" hybrid, representing a company that is equally capable of building a "smart city" and defending a nation’s satellite network. By late 2025, Parsons has achieved record-breaking backlog levels, driven by the rapid increase in global defense spending and the modernization of US federal infrastructure.
The company’s business operations are organized into Federal Solutions and Critical Infrastructure, with its specialized "Cyber & Intelligence" division seeing the highest growth in 2025. In late 2025, Parsons made headlines with the successful demonstration of its "C-UAS" (Counter-Unmanned Air Systems) technology, which uses AI to detect and neutralize drone threats in real-time. The company’s future strategy involves "Integrated Space Solutions," focusing on the software and ground systems that support the next generation of resilient orbital constellations. For 2026, the firm is prioritizing its "Zero-Trust" cybersecurity architecture and its specialized "Water & Environmental" remediation services. Its competitive moat is its specialized "Technical Clearances"—thousands of its employees hold high-level security clearances, making its workforce nearly impossible for new entrants to replicate.
Parsons is listed on the New York Stock Exchange under the ticker PSN stock. It is a favorite for investors who seek exposure to "long-cycle" government contracts and the secular growth of the national security sector. Market analysts and defense experts track the PSN stock price as a leading indicator of the US Department of Defense’s digital modernization efforts and the pace of "Smart Infrastructure" adoption. By December 2025, Parsons stands as a technologically superior and essential partner to the US government, utilizing its engineering excellence to protect and build the future.