Contractor profile

Parsons Corporation

FY2025 · complete year · data as of 2026-09-01

No FY2026 activity recorded for this recipient. Showing FY2025, its most recent year with data.

combines 2 subsidiaries and business units Inferred
$1.9B
Obligated
FY2025
10
Funding agencies
46%
From Defense
1%
Non-competed
14
States
24%
In Virginia
21
Industries

In FY2025, Parsons Corporation received $1.9B in federal awards from 10 agencies, 46% of it from the Department of Defense, with 24% of the work performed in Virginia. Across FY2022 to FY2025 its recorded total is $3.1B. Computed

Where this money comes from

Source
FUNDING AGENCIES
PARSONS CORPORATION
Defense
$0.9B
State
$0.6B
GSA
$0.4B
7 other agencies
$0.1B
Parsons Corporation
$1.9B
FY2025 obligated
band width = obligations · FY2025 · source: USASpending.gov

Where the work lands

Source
Virginia$471.9M
Alabama$273M
Tennessee$176.8M
District Of Columbia$160.5M
Maryland$64.2M
California$24.2M
Colorado$12.8M
New Mexico$11.6M

State breakdown available for 62% of obligations shown

Key takeaways

Computed
FY2025 · complete year · data as of 2026-09-01
  • Parsons Corporation received $1.9B in federal obligations in FY2025.
  • It ranked #45 among federal contractors by contract obligations in FY2025.
  • The Department of Defense accounted for 45% of it.
  • Of its $1.9B in contract obligations, 1% was non-competed, based on FPDS extent-competed codes.

Obligations by year

Computed
$1.2B
FY22
$1.9B
FY25
▲ 66%
since FY22

Awards

Source

Largest active awards by total value

Awards whose period of performance overlaps FY2025, by the amount obligated on each so far.

No award on record was active in FY2025.

Largest FY2025 awards

Awards that started in FY2025, by the amount obligated on each so far.

No award on record started in FY2025.

What it does (NAICS / PSC)

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)$545.4M
Facilities Support Services$543.8M
Engineering Services$284.8M
Industrial Building Construction$176.8M
Other Scientific and Technical Consulting Services$153.4M
Electrical Contractors and Other Wiring Installation Contractors$74.7M
Computer Systems Design Services$69.8M
Custom Computer Programming Services$37M

Competition

1%non-competed (often called no-bid), of $1.9B in contract obligations in FY2025Computed

This describes how contracts were awarded, not wrongdoing.

Subsidiaries & business units

Grouped by corporate ownership. Source: Parsons Corporation (Parsons Government Services; acquired Xator, 2022).Inferred

Xator LLCZJFDNMA46LT9$645.1M
Parsons Government Services IncKZ9MPMDLR5R4$176.8M

Related

Why the labels? The graph is only worth anything if the links are trusted. Facts taken straight from a federal filing are Source; figures we calculate are Computed; links we infer (corporate parents, districts, similar contractors, connections between records) are Inferred, worded carefully, never asserted as fact and never a claim that one thing caused another. Spot an error? Tell us.