Parsons Named #1 Program Management Firm by Engineering News-Record | PSN Stock News

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Jun 23, 2025
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  • Parsons Corporation (PSN, Financial) secured the #1 spot on Engineering News-Record's Top 50 Program Management Firms list for 2025.
  • The company manages infrastructure programs valued over $1 trillion across various sectors.
  • Parsons achieved significant milestones in projects like the Delta Conveyance Project and King Abdullah Financial District.

Parsons Corporation (PSN) has been recognized as the leading program management firm, climbing two spots to seize the #1 position in Engineering News-Record's (ENR) Top 50 Program Management Firms list for 2025. This recognition underscores Parsons' leadership in managing complex programs globally, with a portfolio exceeding $1 trillion in constructed value.

The company has demonstrated significant achievements in streamlining project timelines and enhancing efficiency. Notably, Parsons reduced the Delta Conveyance Project schedule by 18 months through innovative sequencing and alternative project delivery strategies. Furthermore, the team oversaw projects at over 500 U.S. airports under the FAA contract, optimizing logistics and project execution.

Additionally, Parsons played a pivotal role in revamping the analysis process for the National Nuclear Security Administration (NNSA), cutting it from over a year to just three months. At the King Abdullah Financial District, Parsons managed to complete 96% of the structures, showcasing its capability to handle large-scale urban developments.

Beyond program management, Parsons ranked #2 in the Professional Services Firms and Construction Management/PM-for-Fee Firms categories, #3 in Construction Management Firms, and #6 in Combined Design and CM-PM Professional Services Revenue, reflecting its extensive industry influence and expertise.

Through a comprehensive approach that emphasizes innovation, collaboration, and accountability, Parsons remains a trusted partner in delivering critical infrastructure solutions across transportation, defense, aviation, and more. For further insights into Parsons' program management capabilities, visit their website.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.