Parsons Surpasses $450M in OTAs

Carey Smith, Parsons

Technology provider Parsons Corp. has eclipsed over $200 million in other transaction awards, or OTAs, from the Defense Department in 2020, and over $450 million since 2018. 

The company said its OTA acceleration is aligned to its rapid growth strategy, agile research and development approach, and innovative technology investments.

As a leading defense technology company, Parsons delivers the most advanced operational capabilities that help safeguard the U.S. warfighter against tomorrow’s threats, said Carey Smith, president and chief operating officer of Parsons.

“Our company’s agility and scalability, combined with an innovative R&D and acquisition approach, align perfectly with the Department of Defense’s requirement to field disruptive mission-ready capabilities quickly,” she added. 

The awards focus on hypersonic weapons; artificial intelligence and machine learning; improved fire control systems; radars; sensor systems; knowledge-as-a-service; threat simulators; directed energy; C5ISR; full-spectrum cyber; and joint all-domain command and control. 

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