Parsons CEO talks infrastructure opportunities in the Middle East
Carey Smith, Parsons CEO, joins 'Closing Bell Overtime' to talk the upcoming Trump administration, mystery drone sightings, ...
President, Chief Executive Officer & Chairwoman, Parsons
Search every verified Carey Smith interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Carey Smith, president, CEO and chairwoman of Parsons, said in a December 2024 interview that the company’s portfolio is “well aligned with the Trump administration.” She described Parsons’ federal business as a “purpose-built national security company” focused on cyber, electronic warfare, space and missile defense. Smith said the Department of Government Efficiency’s objectives of reducing cost, eliminating unnecessary regulations and improving government efficiency represent an opportunity for the company. She stated that removing regulations would allow Parsons to “move very fast” and get technology to market more quickly, and that the company could propose cost-reduction ideas such as using different business models “as a service.” Smith also discussed the company’s counter-unmanned air systems work, including capabilities to detect, identify, track and defeat drones, and noted that Parsons has been doing business in the Middle East for six decades, including a 50-50 joint venture partnership in Saudi Arabia. In a 2018 appearance, Smith argued that digital transformation requires integrating people, processes and technologies to deliver a secure environment, and that organizations that do not embrace digital technology risk being left behind. She said the federal government should adopt commercial business models such as licensing and subscriptions, and use shared services so agencies pay only for what they use. Smith also predicted that autonomous vehicles would significantly change infrastructure and services within a decade.
“I'm happy to be here today. I would say our portfolio is well aligned with the Trump administration.”
“If you look at our federal business, we have a purpose-built national security company, which does cyber, electronic warfare, space and missile defense work.”
“As far as the department of government efficiency, they have three objectives... the first is how do you reduce cost, the second is how do you get rid of unnecessary regulations, the third is how do you improve government efficiency. We view this as an opportunity for our company.”
“If you get rid of unnecessary regulations, a company like us can move very fast. We are innovative, we are agile and we can get technology more quickly to the marketplace.”
“As you look at reducing cost, we can come up with ideas like how you might use different business models as a service.”
“From an unmanned air system perspective, we provide counter unmanned air systems. We provide capabilities including how do you detect, identify, track, and defeat unmanned air systems.”
“Definitely the Middle East. We've been doing business in the Middle East for six decades. We have been in Saudi Arabia for five decades and we have a Saudi Arabia 50-50 joint venture partnership.”
“About 40 years ago Milton Friedman came up with the great lie which is that companies were there to serve the speculators uh in the form of uh serving shareholder value and that came first and above everything and as a result companies have taken a deep and dark term uh in the wrong direction which is putting the custo...”
“The best way that I can serve my employees are by serving my customers I mean by dealing my customers the absolute best experience I can the way I serve the community because my employees and my suppliers and in our case we made we made very sure that most of the suppliers were within a 40-mile radius of where we opera...”
“We built the company over a period of 19 years. We bootstrapped it, we didn't take any outside investments. We built it to just over 265 million in sales.”
“The day after I received a check for 500 million, prior to the time that Uncle Sam came to the door hat-in-hand, I was able to write checks for fifty million dollars to people that worked with me and that was the best part of the whole thing.”
“To achieve digital transformation we have to look at people, processes and technologies and after all be orchestrated together to deliver a more secure environment.”
“The fourth Industrial Revolution is an expansion of the third — the technology explosion and disruptiveness in areas including AI, virtual and augmented reality, the Internet of Things and autonomy — IT transformation is absolutely required to be able to operate in the fourth Industrial Revolution.”
“Any organization that doesn't embrace the digital technology age is going to be left behind.”
“As technology evolves organizations have to evolve as well — employees must become continuous learners, adopting new skills and competencies like computer science and data analytics, and we must be innovative about recruitment and retention.”
Carey Smith, Parsons CEO, joins 'Closing Bell Overtime' to talk the upcoming Trump administration, mystery drone sightings, ...
Carey Smith of Big Ass Fans speaks about sales, leadership and investing @inquisitorpodcast5450 #sales #sdr #bdr #business
Big Ass Success with Carey Smith, Founder Unorthodox Ventures, Chief Big Ass Fans, sold for $500Million is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.unorthodoxventures.com www.eliances.com
Ms. Carey Smith, President Federal Group at Parsons, addressing the Lexington Institute Federal IT forum on November 9, 2018.
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