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AFWERX presents to Joint Requirements Oversight Council at commercial-military partnership event > Wright-Patterson AFB > Article Display

By Leslie Heck, Air Force Research Laboratory Public Affairs / Published May 05, 2021 Vice Chairman of the Joint Chiefs of Staff, Gen. John E. Hyten speaks during the Joint Requirements Oversight Council’s visit to Austin, Texas April 9 for an event showcasing commercial and military collaboration, including the Air Force Research Laboratory’s AFWERX program. (Photo courtesy of Joint Requirements Oversight Council) After a landing in the University of Texas at Austin football stadium, LIFT Aircraft’s Flight Development Engineer and Chief Pilot, Jace McCown, explains to Vice Chairman of the Joint Chiefs of Staff, Gen. John E. Hyten, how to operate LIFT’s “Hexa” electric vertical takeoff and landing aircraft. (Photo courtesy of Joint Requirements Oversight Council)

Parsons Reports First Quarter 2021 Results

Parsons Reports First Quarter 2021 Results Q1 2021 Financial Highlights - Net income of $9 million and margin of 1.0% - Adjusted EBITDA of $69 million and margin of 7.9% - Book-to-bill ratio of 1.2x, driven by Critical Infrastructure book-to-bill ratio of 1.4x - Total backlog increased 4.7% from the first quarter of 2020 Strategic Highlights - Strong Q1 2021 with six contract wins over $100 million; great start to Q2 2021 with approximately $1 billion in contract wins in the quarter - Strong Braxton performance and integration - Recognized as a top employer by leading minority, women, and human rights organizations - Updated executive compensation policy to tie a portion to core values including diversity, integrity, safety, and sustainability

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