Parsons Corp at Cowen Aerospace/Defense & Industrials Conference (Virtual) Transcript
So welcome, all, and thank you for joining us again. Were delighted to have with us now, Parsons Corp. And from Parsons Corp., we have Carey Smith, CEO; and George Ball, CFO. I think Carey is going to make a couple comments and then we'll go into Q&A. Carey?
Thank you, Cai, and it's a pleasure to be here with you today. Can't wait to work in person though in the next one, I hope. Let me start off with just a brief overview of Parsons. We're very well positioned in two segments: federal solutions and critical infrastructure segment. And our portfolio is very well aligned to the Biden administration priorities of national security and critical infrastructure.
After Q3, we reported a record backlog of 8.5 billion and also a trailing 12-month book-to-bill of 1.3 times. So very pleased with the amount of new business that we've been able to win.
We've secured our recompetes. In fact, we had very close to 100% recompete wins
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