STOCK TITAN

Parsons Promotes Cuevas to Lead Missile Defense & C5ISR Market

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Parsons Corporation (NYSE: PSN) has promoted Hector Cuevas to executive vice president, overseeing missile defense and C5ISR markets. Cuevas, who joined in 2019 through the OGSystems acquisition, previously served as senior vice president of product sales operations. His leadership is expected to enhance innovation and responsiveness for global security clients. Cuevas is a decorated combat veteran with 20 years of service, bringing substantial military experience that includes support for special operations. This strategic move aims to broaden Parsons’ technology capabilities and further its growth in defense sectors.

Positive
  • Promotion of Hector Cuevas expected to enhance leadership in missile defense and C5ISR markets.
  • Cuevas brings extensive military experience, which could strengthen market strategies.
Negative
  • None.

CENTREVILLE, Va., Aug. 7, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today the promotion of Hector Cuevas to executive vice president, missile defense and C5ISR market leader. Cuevas joined Parsons in January 2019 from the acquisition of OGSystems and most recently served as senior vice president of product sales operations.

"Hector's natural leadership ability, products experience, and institutional knowledge of customer requirements, expectations and operations will ensure that Parsons continues delivering rapid, innovation solutions to our global security customers," said Carey Smith, president and chief operating officer of Parsons. "His experience will be invaluable to growing our missile defense & C5ISR markets, broadening our software and hardware technology, and furthering our culture of performance, exploration and inclusion."

Cuevas is a decorated combat veteran with 20 years of U.S. Army and Intelligence Community service, including multiple deployments throughout the Middle East, the Balkans and Africa. Much of his military career was spent supporting U.S. and allied special military operations, including foreign internal defense, civil-military support, partner nation capacity building, and direct action.

Cuevas led geospatial intelligence (GEOINT) and ISR support to more than 100 special operations missions in West, Central, and the Horn of Africa with Special Operations Command-Africa before retiring in 2012. In his role as branch chief, he is credited for originating an ISR system tailored to operations in Africa that optimized collection and increased operational efficiencies.

To learn more about Parsons missile defense and C5ISR market, please visit: https://www.parsons.com/solutions/missile-defense-c5isr/

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

Parsons Quest Mark Logo (PRNewsfoto/Parsons Corporation)

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/parsons-promotes-cuevas-to-lead-missile-defense--c5isr-market-301108345.html

SOURCE Parsons Corporation

FAQ

Who was promoted at Parsons Corporation on August 7, 2020?

Hector Cuevas was promoted to executive vice president, missile defense and C5ISR market leader.

What role did Hector Cuevas hold before his promotion at PSN?

Before his promotion, Hector Cuevas served as senior vice president of product sales operations.

What is Hector Cuevas' military background?

Hector Cuevas is a decorated combat veteran with 20 years of service in the U.S. Army and Intelligence Community.

How will Cuevas' promotion impact Parsons’ defense markets?

Cuevas' promotion is expected to enhance innovation and leadership in missile defense and C5ISR markets.

What is the significance of Cuevas' experience for Parsons Corporation?

His military experience could advance Parsons' strategies in providing solutions to global security clients.

Parsons Corporation

NYSE:PSN

PSN Rankings

PSN Latest News

PSN Stock Data

9.92B
105.27M
0.88%
101.37%
2.53%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
CENTREVILLE