Contractor profile

Parsons Corporation

FY2024 · complete year · data as of 2026-07-03

No FY2026 activity recorded for this recipient. Showing FY2024, its most recent year with data.

prime recipient of federal awards
$2.4B
Obligated
FY2024
9
Funding agencies
47%
From State
13
States
19%
In Virginia
17
Industries

In FY2024, Parsons Corporation received $2.4B in federal awards from 9 agencies, 47% of it from the Department of State, with 19% of the work performed in Virginia. Across FY2023 to FY2024 its recorded total is $4.5B. Computed

Where this money comes from

Source
FUNDING AGENCIES
PARSONS CORPORATION
State
$1.1B
Defense
$0.7B
GSA
$0.5B
6 other agencies
$0.1B
Parsons Corporation
$2.4B
FY2024 obligated
band width = obligations · FY2024 · source: USASpending.gov

Where the work lands

Source
Virginia$456.3M
Alabama$263.4M
Hawaii$68.6M
Maryland$52.7M
Colorado$41.1M

State breakdown available for 52% of obligations shown

Key takeaways

Computed
FY2024 · complete year · data as of 2026-07-03
  • Parsons Corporation received $2.4B in federal obligations in FY2024, up 16% from $2.1B in FY2023.
  • It ranked #42 among federal contractors by contract obligations in FY2024.
  • The Department of State accounted for 46% of it.
  • Its largest recorded industry was Facilities Support Services, at $1B.

Obligations by year

Computed
$2.1B
FY23
$2.4B
FY24
▲ 16%
since FY23

Awards

Source

Largest active awards by total value

Awards whose period of performance overlaps FY2024, by the amount obligated on each so far.

No award on record was active in FY2024.

Largest FY2024 awards

Awards that started in FY2024, by the amount obligated on each so far.

No award on record started in FY2024.

Corporate family

Not part of a combined family in the current data.

Political contributions

Parsons Corporation Political Action CommitteeInferredgave$1Mto members of CongressSource

linked through public filings, not a claim of coordination. contribution reported to the FEC, a public campaign-finance record.

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.