Parsons says it has won $100 million in OTA work this year

A top Parsons executive said today the company has won more than $100 million this year in other transaction agreements.

Carey Smith, the company's president and chief operating officer, told analysts Parsons is "at the peak we've ever had for other transaction agreements through Q2."

Meanwhile, Parsons said sales in its federal solutions group during the most recent quarter totaled $482 million, up 1% from the same three-month period a year earlier.

The company said it saw $28 million in increased sales on new and existing contracts and $8 million in additional sales from acquisitions. However, those were offset by about $32 million in delayed contract work as a result of the ongoing pandemic.