Parsons, maker of CBTC and PTC tech, moves HQ to Washington
Written by Kyra Senese, Managing Editor
Photo courtesy of Parsons
Parsons is relocating its corporate headquarters from Pasadena, Calif., to the Washington, D.C. capital region, effective immediately.
The company is a provider of solutions pertaining to defense, security, and infrastructure. Its headquarters will now be at the company’s existing facility in Centreville, Va.
Parsons’ rail transit systems unit is known for its work communications-based train control (CBTC) and positive train control (PTC) technology. The company also provides advisory services for Metrolinx’s Enhanced Train Control and Conventional Signaling (ETCCS) project.
The announcement follows a decade of strategic actions, including acquisitions and internal investments, focused on growth in the defense, intelligence and critical infrastructure markets.
“Our strategic actions over the past 10 years, including acquisitions, have led to the Washington metropolitan area having Parsons’ largest concentration of employees worldwide. The move of our corporate headquarters to the Washington area will support this concentration of employees in the region,” said Chuck Harrington, Parsons’ chairman and CEO.
The Washington region is also headquarters for many of Parsons’ largest customers in the defense and intelligence markets, the company said. Parsons touts the fact that the region is also the hub for legislative and policy actions related to rail infrastructure.
“Relocating to the Washington region puts us in closer proximity to many of our existing and potential clients, as well as key decision makers who influence policy and funding initiatives across our markets, particularly critical infrastructure,” Harrington said. “Proximity to these influencers increases Parsons’ opportunities to advance our Enhance-Extend-Transform growth strategy and capitalize on our current momentum. Simply said, being in Northern Virginia gives us more opportunities to be in the right places, at the right times, with the right people driving the future of our markets.”
Parsons said the company plans to maintain its strong presence in California, where more than 1,300 of Parsons’ employees are located.
