Parsons, which provides technology-driven defense, intelligence, and infrastructure solutions, filed on Friday with the SEC to raise up to $500 million in an initial public offering.
The Centreville, VA-based company was founded in 1944 and booked $3.6 billion in sales for the 12 months ended December 31, 2018. It plans to list on the NYSE under the symbol PSN. Parsons filed confidentially on February 11, 2019. Goldman Sachs, BofA Merrill Lynch and Morgan Stanley are the joint bookrunners on the deal. No pricing terms were disclosed.
