Parsons Awarded James S. Cogswell Industrial Security Achievement Award

Rhea-AI Summary

Parsons Corporation (NYSE: PSN) has been awarded the prestigious James S. Cogswell Industrial Security Achievement Award by the U.S. Department of Defense (DoD). This recognition highlights Parsons’ commitment to safeguarding classified information, emphasizing the role of its subsidiary, Polaris Alpha Advanced Systems, which specializes in sensor and imagery analysis. Out of 12,500 cleared facilities, only 61 were selected for this honor, showcasing the company's compliance and excellence in security practices. This is Parsons' first Cogswell award recognition.

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• Award of the James S. Cogswell Industrial Security Achievement Award reinforces Parsons' reputation in industrial security.
• Recognition elevates Parsons to an elite tier of national industrial security contractors.

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• None.

CENTREVILLE, Va., Aug. 3, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) has been awarded the James S. Cogswell Industrial Security Achievement Award by the U.S. Department of Defense (DoD). Polaris Alpha Advanced Systems, Inc., a Parsons company acquired in 2018 that specializes in prototype development and sensor and imagery analysis was selected for the award.

"Our selection for this prestigious award reflects Parsons' total commitment to the protection of classified information to ensure the greatest protection for the U.S. warfighter," said Carey Smith, president and chief operating officer of Parsons. "I am proud of the Parsons employees who fully embrace security measures to better safeguard our nation. This recognition elevates Parsons to an elite tier of national industrial security contractors."

The Cogswell Award, established in 1966 in honor of the late Air Force Col. James S. Cogswell, the first chief of industrial security within the DoD, recognizes outstanding participation and compliance with the National Industrial Security Program. Sixty-one winners were chosen from 12,500 cleared facilities. The rigorous selection criteria include establishing and maintaining a security program that far exceeds the basic National Industrial Security Program requirements; providing leadership in establishing best practices; and maintaining the highest standards for security. This is Parsons' first Cogswell award recognition.

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com, and follow us on LinkedIn and Facebook to learn how we're making an impact.

Media Contact: 
Bryce McDevitt
+1 703.851.4425
Bryce.McDevitt@parsons.com 

Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
Dave.Spille@parsons.com

 

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SOURCE Parsons Corporation

FAQ

What award did Parsons Corporation win?

Parsons Corporation won the James S. Cogswell Industrial Security Achievement Award from the U.S. Department of Defense.

Which subsidiary of Parsons Corporation was recognized for the award?

Polaris Alpha Advanced Systems, Inc., a subsidiary of Parsons, was recognized for the award.

How many facilities were awarded the Cogswell Award?

Sixty-one facilities were awarded the Cogswell Award out of 12,500 cleared facilities.

What does the Cogswell Award recognize?

The Cogswell Award recognizes outstanding participation and compliance with the National Industrial Security Program.

When was Parsons Corporation awarded the Cogswell Award?

Parsons Corporation was awarded the Cogswell Award on August 3, 2020.