parsons acquires polaris alpha

The Washington Business Journal notes that Parsons acquired Chantilly-based government technology contractor OGSystems in January and Polaris Alpha … Polaris Alpha was formed through Arlington Capital’s merger of EOIR Technologies, Intelligent Software Solutions (ISS), and Proteus Technologies. Parsons Corp. [PSN] on Monday said it has agreed to acquire QRC Technologies for $215 million in cash in a deal that expands its work in the defense and intelligence markets and its offerings in signals intelligence and radio frequency areas. Parsons agrees to acquire Polaris Alpha LISA DAIGLE, ASSISTANT MANAGING EDITOR Security and defense contractor Parsons has agreed to acquire defense/intelligence firm Polaris Alpha. 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. Work/Life Balance. The frequent mergers and acquisitions and the resultant chaos can be a bit of a distraction, since benefits seem to change every year. Artificial intelligence is powering transformative new technologies, and companies around the world are seizing on AI as a fundamental game-changer for their business and industry. Arlington Capital Partners has agreed to sell Polaris Alpha, a provider of technical services to companies and governments active in defense, intelligence, and security, to Parsons Corporation. Parsons’ agreement to acquire Polaris Alpha, from private equity firm Arlington Capital Partners, is the latest in the company’s series of strategic investments focused on companies with technologies aligned to evolving threats in the land, sea, air, space, and cyber domains. Polaris Alpha ("Polaris") provides advanced technical capabilities, specialized domain expertise, and mission critical solutions to Department of Defense and Intelligence Community customers. Washington Technology. Phoenix Logistics Awarded Joint Land Component Constructive Training Capability (JLCCTC) Prime Contract. CENTREVILLE, Va., Aug. 3, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announces the award of the James S. Cogswell Industrial Security Achievement Award by the Defense Counterintelligence and Security Agency (DCSA) to their subsidiary Polaris Alpha Advanced Systems, Inc., a Parsons company acquired in 2018. Cookies are used to offer you a better browsing experience and to analyze our traffic. Smith succeeds Charles “Chuck” Harrington, who announced his retirement after nearly 40 years with the company. As companies develop, acquire and invest in AI technologies, they face unexplored business issues and legal questions. Be the first to find this review helpful. ★★★★★. Podcast Podcast: Speeding up DoD acquisition process, military artificial intelligence applications, DoD budget increase. Chuck Harrington, Parsons chairman and CEO, said of the decision: "The agreement to acquire Polaris Alpha is the latest transformative move for Parsons that takes our technology solutions strategy to a new level with customers needing advanced solutions to rapidly evolving threats. Washington Technology. Parsons to acquire Braxton Science & Technology Group (29 October 2020 - Parsons) Parsons Corporation announced today that it has entered into a definitive agreement to acquire Braxton Science & Technology Group, LLC (BSTG) and its subsidiaries in a deal valued at … by Banerjee anik | May 22, 2018 | News. Polaris Alpha ("Polaris") provides advanced technical capabilities, specialized domain expertise and mission critical solutions to Department of Defense and Intelligence Community customers. Teresa has 1 job listed on their profile. From Business Journals. Smith joined Parsons in 2016 as president of the Federal Solutions business. That federal contractor was the product of … Polaris Alpha Advanced Systems is based in … Polaris Alpha was formed through Arlington Capital’s merger of EOIR Technologies, Intelligent Software Solutions (ISS), and Proteus Technologies. Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. PARSONS is a global company with over 14,000 employees and has been in business for over 75 years. A free inside look at company reviews and salaries posted anonymously by employees. Parsons’ last major acquisition, in May 2018, was Polaris Alpha, which provides innovative mission solutions for complex defense, intelligence, security customers and other U.S. federal government customers. "Parsons to acquire QRC". Acquiring Organization: Parsons Corporation Parsons is an engineering, construction, technical and … The deal was made final Sept. 27 and terms of the acquisition were not disclosed. Polaris Alpha's top competitors include CACI, Northrop Grumman and Loral Space & Communications. Parsons to Acquire Polaris Alpha in Push for Expanded Cybersecurity Portfolio. ^ Censer, Majorie (22 July 2019). Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. In 2017, Intelesys and Solidyn were added, and in April 2018, 4D was acquired. "Parsons acquires Polaris Alpha, seeks bigger footprint in defense, space, intelligence". Polaris Alpha has acquired 4 companies of its own, including 4 in the last 5 years. Signals Without Intelligence Is Just Noise™ Parsons acquires polaris alpha federal credit union fcu meet brona from wanaka #39 s fedeli and fudog to receive $350k in flood recovery funds county news the times page 14. ↑ Wilkers, Ross (8 January 2019). Parsons said today it has acquired Polaris Alpha from private-equity firm Arlington Capital Partners and will add the company to its federal business unit. Read More. Provider of information technology and software services for complex defense, intelligence and security customers, as … I became a key leader in both the integration efforts as well as in the bigger company. Polaris Alpha. The parties involved made public their definitive agreement for the sale on December 27, 2006; the deal was expected to close by mid-January 2007. Corporate Growth, Capital Style (CGCS): The Parsons IPO was named the Deal of the Year (Over $250M) at this year’s Corporate Growth Awards.Why was an IPO the correct move for Parsons in 2019? Parsons Acquires Polaris Alpha. CENTREVILLE, VA (July 6, 2020) – Parsons Corporation (NYSE:PSN) was awarded a $178 million, five-year indefinite delivery/indefinite quantity (ID/IQ) contract by the Intelligence Community (IC). Polaris Alpha (“Polaris”) provides advanced technical capabilities, specialized domain expertise and mission critical solutions to Department of Defense and Intelligence Community customers. News DARPA, Polaris Alpha teaming to develop AI for the battlefield. Polaris Alpha provides technical capabilities, specialized domain expertise and mission-critical services to the Department of Defense and the intelligence community. Historically an infrastructure design engineering firm, over the last decade we have been deliberately building our defense business to diversify our offering to our clients through acquisitions including SPARTA, Secure Mission Solutions, Polaris Alpha, OGSystems, and QRC. Parsons to Acquire BlackHorse Solutions, Inc. - GlobeNewswire (www.globenewswire.com) ... (PSN) CEO Chuck Harrington on Q1 2021 Results - Earnings Call Transcript - Seeking Alpha (seekingalpha.com) Parsons Reports First Quarter 2021 Results ... Parsons buys Polaris Alpha to scale up in space & cyber - Washington Technology Space News. Parson is a defense-, security- and infrastructure-focused digital solutions provider. A free inside look at company reviews and salaries posted anonymously by employees. Parsons Announces CEO Transition. Parsons Awarded $178M Intelligence Contract. The deal came approximately two years after Arlington’s initial purchase. May 22, 2018 All Transactions, Exit, Transactions, Uncategorized . Polaris Alpha was formed through Arlington Capital’s merger of EOIR Technologies, Intelligent Software Solutions (ISS), and Proteus Technologies. 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. Arlington Capital Partners has agreed to sell Polaris Alpha, a provider of technical services to companies and governments active in defense, intelligence, and security, to Parsons Corporation. January 08, 2019. Parsons Awarded James S. Cogswell Industrial Security Achievement Award. Terms of the acquisition have not yet been released. ↑ Censer, Majorie (22 July 2019). Parsons’ attributed that revenue growth to the OGSystems acquisition and its $489 million purchase of defense contractor Polaris Alpha in May 2018. CENTREVILLE, VA (July 6, 2020) – Parsons Corporation (NYSE:PSN) was awarded a $178 million, five-year indefinite delivery/indefinite quantity (ID/IQ) contract by the Intelligence Community (IC). "Parsons makes another intell-focused deal". In order to detect and stop cyber attacks as they grow, the security … PSN Parsons Corp Latest News - Page 8. 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). GlobalLogic Inc: Partners Group AG + See more acquisitions These are all the companies that Parsons has acquired. Parsons Corporation is a technology-focused defense, security, and infrastructure firm headquartered in Pasadena, California, founded in 1944 by engineer Ralph M. Parsons. And then on federal solutions margins, up only a little bit year to date despite the inclusion of Polaris Alpha and OG. Polaris Alpha. Parsons Acquires Polaris Alpha. Parsons agrees to acquire Polaris Alpha. U.S. federal government contractor and global solutions provider Parsons has acquired Polaris Alpha from private equity firm Arlington Capital Partners. The Company has approximately 1,200 employees with major offices in Colorado Springs, CO, Fredericksburg, VA, Annapolis Junction, MD, Aberdeen Work/Life Balance. Parsons Acquires OGSystems PASADENA, Calif., Jan. 8, 2019 /PRNewswire/ -- Parsons today announced its acquisition of OGSystems, an innovative solutions provider with advanced technologies in geospatial intelligence, big data analytics, and threat mitigation. Involve the entire organization. PASADENA, Calif., May 21, 2018 /PRNewswire/ -- Parsons today announced its acquisition of Polaris Alpha, an advanced, technology-focused provider of … In May, Parsons Corporation acquired Arlington Capital Partners portfolio company, Polaris Alpha, a provider of innovative mission solutions for complex defense, intelligence, and security customers. 34 Polaris Alpha reviews. Retrieved 10 August 2019. Arlington Capital Partners has agreed to sell Polaris Alpha, a provider of technical services to companies and governments active in defense, intelligence, and security, to Parsons … Colorado Springs-based defense contractor Polaris Alpha will be acquired May 31 by California-based engineering and construction giant Parsons in a deal designed to accelerate Polaris Alpha… ET. The deal furthers M&A-fueled expansion by Parsons in the federal government market. CENTREVILLE, Va., Aug. 3, 2020 /PRNewswire/ -- Parsons Corporation has been awarded the James S. Cogswell Industrial Security Achievement Award by the U.S. Department of Defense . Polaris Alpha provides technical capabilities, specialized domain expertise and mission-critical services to the Department of Defense and the intelligence community. Polaris Alpha will fold into Parsons’ federal services unit, adding more than 1,300 employees to the company. ★ ★ … Received. Retrieved 10 August 2019. In 2017, the private-equity firm added Intelesys and Solidyn Solutions. Parsons has acquired the companies: Finley McNary Engineers , Inc., OGSystems LLC, Polaris Alpha, Fourth Dimension. April 24, 2021 Homeland Security Today. CENTREVILLE, Va., Nov. 4, 2020 /PRNewswire/ -- Parsons Corporation today announced financial results for the third quarter ended September 30, 2020. A free inside look at company reviews and salaries posted anonymously by employees. Parsons has provided these Non-GAAP Measures to adjust for, among other things, the impact of amortization expenses related to our acquisitions of Williams Electric, Polaris Alpha … Flag as InappropriateReportFlag as Inappropriate. PASADENA, Calif., May 21, 2018 /CNW/ -- Parsons today announced its acquisition of Polaris Alpha, an advanced, technology-focused provider of … Parsons said the deal is valued at about $185 million because it includes a $30 million transaction-related tax benefit. Retrieved 10 August 2019. The ownership of SirsiDynix has changed, as Vista Equity Partners, a large private equity firm based in San Francisco, will acquire 100% of the company. The company previously acquired Polaris Alpha and OGSystems. Parsons Corp. (NYSE: PSN) has gone back to its mergers and acquisition strategy, announcing Thursday a deal to acquire Herndon-based technology firm BlackHorse Solutions Inc. for $203 million. Parsons (Pasadena, CA) (ENR #11) acquired Polaris Alpha (Colorado Springs, CO), an advanced, technology-focused provider of innovative mission solutions for complex defense, intelligence, and security customers, as well as other U.S. federal government customers. ... Polaris Alpha Polaris Alpha provides advanced technical capabilities, specialized domain expertise and mission critical solutions. Parsons acquires another local government contractor. And then on federal solutions margins, up only a little bit year to date despite the inclusion of Polaris Alpha and OG. 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. Colorado Springs-based defense contractor Polaris Alpha will be acquired by Parsons. Parsons acquires Polaris Alpha, seeks bigger footprint in . CEO Commentary We delivered strong third quarter... | June 10, 2021 Parsons has acquired 11 companies, including 5 in the last 5 years. David C. Wodlinger is Partner at Arlington Capital Partners LLC. On 27 March 2020, Phoenix Logistics, Inc. (PLI) was awarded a $516,000,000 Prime Contract by the US Army Contracting Command (ACC) Orlando to provide development sustainment and deployment capabilities to the US Army’s Joint Land Component Constructive … Parsons has more than 16,000 employees across 24 countries. The company has methodically transformed itself to … The acquisition allows Parsons to leverage Polaris' expertise in … Chuck Harrington: Parsons had just completed the acquisitions of Polaris Alpha and OG Systems for $475 million and $300 million, respectively. As a privately held company, it does … The acquisition is the latest in the company’s series of strategic investments focused on The Second Coming of Master of Magic. Parsons has acquired 11 companies, including 5 in the last 5 years. Parsons Acquires Polaris Alpha Parsons announced its agreement to acquire Polaris Alpha, a technology-focused provider of mission solutions for complex defense, intelligence and security customers, as well as other U.S. federal customers. Carey Smith, Parsons Parsons has announced its agreement to acquire Polaris Alpha, a technology-focused provider of mission solutions for complex defense, intelligence and security customers, as well as other U.S. federal customers. Polaris Alpha General Information Description. Polaris Alpha General Information Description. What companies has Parsons acquired? Parsons today announced its acquisition of Polaris Alpha, an advanced, technology-focused provider of innovative mission solutions for complex defense, intelligence, and security customers, as well as other U.S. federal government customers. Be the first to find this review helpful. Press release. Parsons bought Polaris Alpha from private equity firm Arlington Capital Partners, the company announced May 21. Tags Carey Smith Government & Regulations Ropes & Gray. Polaris Alpha LLC: Parsons Infrastructure & Technology Group Inc: Parsons Infrastructure & Technology Group Inc acquired Polaris Alpha LLC, an Aberdeen Proving Ground-based provider of security systems services, from Arlington Capital Partners LP. 36 Polaris Alpha reviews. Parsons Corporation acquires Polaris Alpha –On May 21, 2018, Parsons Corporation announced the acquisition of Polaris Alpha, a defense and intelligence technology firm focusing on cybersecurity and machine learning within the space industry. Every day, our 10,000 employees do the can’t be done, solving the … Braxton Science & Technology Group BSTG’s broad portfolio of ... with sales in part driven by the acquisition of Polaris Alpha, acquired in a near $500-million deal. The OGS acquisition was the third by Parsons in the past 14 months. Polaris Alpha acquired by Parsons Corporation. Polaris Alpha was then acquired in May by engineering giant Parsons in a bid by the $3 billion California company to broaden its footprint in defense, space and intelligence. Parsons said Monday it … Source: www.prnewswire.com. Parsons Corporation (Parsons) is an American technology-focused defense, intelligence, security, and infrastructure engineering firm headquartered in Centreville, Virginia. Gavin Parsons-- Goldman Sachs -- Analyst Got it. Public Sector 360. Parsons Corporation (NYSE:PSN) has been named the number 59 federal defense contractor on Bloomberg Government's 2019 BGOV200 report. Tags Carey Smith Government & Regulations Ropes & Gray. Parsons is a “digitally enabled” solutions provider focused on … Financial terms were not disclosed. Polaris Alpha announced Oct. 2 it acquired Denver-based Solidyn Solutions. She also offered updates on the integration of Polaris Alpha, which Parsons acquired in May 2018. Parsons acquired Colorado Springs-based Braxton Science & Technology Group last year and Polaris Alpha, which split its headquarters between Colorado Springs and Virginia, for $489 million in 2018. View David C. Wodlinger’s professional profile on Relationship Science, the database of decision makers. L3Harris to sell military training business to CAE, combat propulsion systems businesses to RENK AG. Prior to joining Parsons via the Polaris Alpha acquisition, Joe held the position of Senior VicePresident of Cyber/SIGINT for Polaris Alpha where he led a staff of over 600+ cyber professionals supporting our national security. Flag as InappropriateReportFlag as Inappropriate. Polaris... | May 21, 2021 On May 25, 2021 8:00 am, by Troy "TC" Costisick. Tags Parsons Corporation Robert Brunner Thomas DeByle. PASADENA, California, May 21, 2018 /PRNewswire/ -- Parsons today announced its acquisition of Polaris Alpha, an advanced, technology-focused provider of … That article was prompted by our announcement that game publisher Slitherine had acquired the rights to Master of Magic (MoM) from the bankrupt corpse of Atari. She was promoted to chief operating officer in 2018, where she drove synergies within the company’s business segments, enhanced organic growth, led the acquisition and integration of four companies (Polaris Alpha®, OGSystems®, QRC® Technologies, and Braxton Science and Technology Group), and helped … The … Parsons acquired Polaris Alpha in 2018. A total of 3 acquisitions came from private equity firms.. Parsons’ largest acquisition to date was in 2020, when it acquired Braxton Science & Technology Group for $300M.Parsons has acquired in 5 different US states, and 2 countries. Article: Breeding, Marshall. Government Cybersecurity Acquisition: Parsons Buys Polaris Alpha. ^ Wilkers, Ross (8 January 2019). Peraton serves as a valued partner to essential government agencies, including the Intelligence Community, Department of Defense, Department of Health and Human Services, and NASA. Space News. 4.0. Parsons Corporation. Parsons to acquire Colorado Springs-based Polaris Alpha. Space News. QRC Technologies (QRC) designs and develops a host of open architecture Radio Frequency products and provides comprehensive integrated solutions primarily for government, military, and law enforcement agencies. Parsons Corporation Q3 2019 Earnings Call Nov 12, 2019, 8:00 a.m. In 2017, Intelesys and Solidyn were added, and in April 2018, 4D was acquired. Polaris Alpha provides technical and operational security solutions to the defense and intelligence communities in air, land, sea, cyber and space domains. Parsons’ agreement to acquire Polaris Alpha, from private equity firm Arlington Capital Partners, is the latest in the company’s series of strategic investments focused on companies with technologies aligned to evolving threats in the land, sea, air, space, and cyber domains. "Parsons acquires Polaris Alpha, seeks bigger footprint in defense, space, intelligence". View Teresa Nava’s profile on LinkedIn, the world's largest professional community. News Parsons Fcu. Cons. The company acquired Polaris Alpha from private equity firm Arlington Capital Partners. Stockhouse.com use cookies on this site. Spacenews.com DA: 13 PA: 50 MOZ Rank: 91. The company has been honored with this recognition for 12 consecutive years. The fund has already made investments including a $27 million loan for Polaris Infrastructure, a company that acquires… View Erin M. Kuhlman’s professional profile on Relationship Science, the database of decision makers. Parsons Acquires Polaris Alpha. Polaris Alpha is a highly technical industry leader uniquely positioned to address customersÍ most complex challenges across the full spectrum of air, land, sea, cyber, and space domains. The frequent mergers and acquisitions and the resultant chaos can be a bit of a distraction, since benefits seem to change every year. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. "Parsons makes another intell-focused deal". Parsons noted at the time that its artificial intelligence, signals intelligence and data analytics expertise supporting defensive and offensive cybersecurity missions will be expanded by integrating Polaris Alpha’s machine learning, data, video, multi-source analytics and …

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