Subscribe today! Novavax and Serum Institute of India Receive Emergency Use Authorization for Novavax'. Founded in 2018, BlackHorse expands Parsons customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. Founded in [] The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. The firm is now called "Delcan, a Parsons Company.". BlackHorse, which is based in Northern Virginia, has nearly 200 . For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. Parsons was advised by Baird and Latham & Watkins LLP. Parsons to Acquire BlackHorse Solutions, Inc. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. All content copyright 2022 Homeland Security Today. BlackHorse Solutions acquired by Parsons Corporation. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Herndon, VA-based BlackHorse was founded in 2018 and specializes in cyber, digital operations, artificial intelligence and full-spectrum operations. Acquisition enhances cyber, electronic warfare, and information dominance capabilities. BlackHorse will be integrated into Parsons federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances. The strategic acquisition expands Parsons capabilities and products in next-generation military, intelligence, and space operations, specifically in cyber, electronic warfare, and information dominance. 3. PASADENA, California, May 21, 2018 /PRNewswire/ -- Parsons today announced its acquisition of Polaris Alpha, an advanced, technology-focused provider of innovative mission solutions for complex . Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. Get stock quotes, news, fundamentals and easy to read SEC and SEDI insider filings. Parsons To Acquire BlackHorse Solutions, Inc. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, VA (June 10, 2021) - Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. Im excited for what the future holds.. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws. BlackSky Wins $4.4M IARPA Contract to Provide Advanced Artificial Intelligence for Space-Based Dynamic Monitoring 07.18.22; X-Bow Systems to Deliver World's First Rocket Factory In-A-Box to US Air Force Research Laboratory To learn more about Parsons history of successful acquisition and growth strategy, please visit: https://www.parsons.com/about/acquisitions/. 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.. Parsons' agreement to acquire Polaris Alpha, from private equity firm Arlington Capital Partners, is the latest in the company's series of strategic . Parsons to Acquire BlackHorse Solutions, Inc. 06.10.21. Accordingly, actual performance, results, and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results, or events. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws. Parsons Services Company. Parsons, one of the oldest defense and engineering contractors, will expand its next-generation military, intelligence, and space operations with the BlackHorse acquisition, and bring its nearly 200 employees, most with high-level . The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of todays most complex communications. (2021-06-10 | NYSE:PSN) Parsons to Acquire BlackHorse Solutions, Inc. (2021-06-10 | NYSE:PSN) Parsons to Acquire BlackHorse Solutions, Inc. Stockhouse.com uses cookies on this site. The company expects the transaction to be accretive to Parsons fiscal year 2021 and 2022 revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. The company expects the transaction to be accretive to Parsons fiscal year 2021 and 2022 revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. Please visit Parsons.comand follow us on LinkedIn and Facebook to learn how we're making an impact. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Jun 10, 2021. Parsons Corporation (NYSE:PSN) announced today that it has acquired Echo Ridge, LLC of Sterling, VA. Echo Ridge adds position, navigation, and timing devices; modeling, simulation, test, and measurement tools; and deployable software defined radio products and signal processing services to Parsons' space portfolio. Parsons acquisition of BlackHorse expands the companys proven solutions and products that address next-generation military, intelligence, and space operations. Acquiring Organization: Parsons Corporation Parsons is an engineering, construction, technical and management services firm. Parsons Acquires O`Connor Associates. In the district of Quartier des Bruyres 3.5 km from the centre of Sarzeau, in the residential district, 900 m from the sea, in a cul-de-sac. Im excited for what the future holds.. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. The transaction is consistent with Parsons strategy of completing accretive acquisitions of companies with revenue growth and adjusted EBITDA margins exceeding 10%, respectively, while adding critical intellectual property that strengthens the companys existing portfolio. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. The deal is Parsons' third acquisition in the last 14 months and marks its first since going public in May. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nations most vexing security challenges. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local, or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the governments budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations, and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations, or cancellations caused by competitors protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train, or retain employees with the requisite skills, experience, and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews, and investigations, which may result in materially adverse judgments, settlements, or other unfavorable outcomes. Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum . BlackHorse will be integrated into Parsons federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances. Headquartered in Herndon, Va., BlackHorses technology is shaping the future of information dominance and converged military operations by unifying cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. The only place for free North American stock rankings incorporating insider commitment. The transaction is consistent with Parsons strategy of completing accretive acquisitions of companies with revenue growth and adjusted EBITDA margins exceeding 10%, respectively, while adding critical intellectual property that strengthens the companys existing portfolio. Saturday, May 14, 2022 Explosive Ordnance Disposal And Mine Clearance Parsons to Acquire BlackHorse Solutions, Inc. Trending News. This is Parsons' 11th transaction in the United States. BlackHorse adds capabilities in cyber, digital operations, artificial intelligence/machine learning to Parsons' portfolio. 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. Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine . Bloomberg Daybreak Europe. Accordingly, actual performance, results, and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results, or events. We have partnered closely with BlackHorse in the past, so we know our cultures are well aligned and are excited to welcome their talented team of employees to the Parsons family and leverage their exceptional reputation in the market.. 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. Parsons Services Company Parsons To Acquire BlackHorse Solutions, Scaling Cyber, EW Capabilities - https://buff.ly/3veIHOg via Defense Daily Parsons Corporation has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. The transaction is consistent with Parsons strategy of completing accretive acquisitions of companies with revenue growth and adjusted EBITDA margins exceeding 10%, respectively, while adding critical intellectual property that strengthens the companys existing portfolio. The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of todays most complex communications. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws. BlackHorse unifies cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. Centreville, Virginia-based defense, engineering, and IT security contractor Parsons Corporation will acquire Herndon-based BlackHorse Solutions for $203 million. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends, and factors that are difficult to predict, many of which are outside of our control. CENTREVILLE, VA (June 10, 2021) Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of todays most complex communications. Parsons Corp., a Pasadena-based engineering firm, announced Monday that it has acquired TJ Cross Engineers, Inc., a privately held oil and gas industry professional services firm specializing in en The transaction is expected to close in July 2021, subject to customary closing conditions. The transaction is expected to close in July 2021, subject to customary closing conditions. Adding BlackHorse increases our scale in the areas of cyber, electronic warfare, and information dominance, enhancing Parsons position to pursue and win upcoming large joint all-domain contract opportunities, which is a key component of our national defense strategy, said Chuck Harrington, Parsons chairman and chief executive officer. Parsons Corp. By Carten Cordell - Staff Reporter, Washington Business Journal Jun 10, 2021 Parsons Corp. (NYSE: PSN) has gone back to its mergers and acquisition strategy, announcing Thursday. Parsons to acquire QRC. Carey Smith, Parsons. Join us as the Cyber Bytes Foundation and Parsons Corporation partner up to host TWO concurrent Capture the Flag events on December 8th at the Quantico Cyber Hub in Stafford Virginia. In Other News. Press release content from Globe Newswire. Parsons to Acquire BlackHorse Solutions Inc By Homeland Security Today June 14, 2021 Parsons Corporation has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. We share a common passion for supporting our nations most pressing security challenges, and joining forces continues that tradition while accelerating our growth and expanding our customer base. Parsons acquires BlackHorse Solutions WINNER: Robotic Research Series A Equity Raise ($228M) Sigma Defense, a Sagewind Capital portfolio company, acquires SOLUTE Deal of the Year: $250M - $1B. This is technology M&A deal number 314 that MSSP Alert and sister site ChannelE2E has covered so far in 2021. The company expects the transaction to be accretive to Parsons fiscal year 2021 and 2022 revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. Contango ORE Announces Agreement to Issue $20,000,000 Unsecured 8% Convertible . Acquisition enhances cyber, electronic warfare, and information dominance capabilitiesCENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. Media Contact:Jason Yaley+1.571.255.9122Jason.Yaley@parsons.com, Investor Relations Contact:Dave Spille+ 1.571.655.8264Dave.Spille@parsons.com. June 10, 2021 08:05 ET All forward-looking statements are based on currently available information and speak only as of the date on which they are made. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Adding BlackHorse increases our scale in the areas of cyber, electronic warfare, and information dominance, enhancing Parsons position to pursue and win upcoming large joint all-domain contract opportunities, which is a key component of our national defense strategy, said Chuck Harrington, Parsons chairman and chief executive officer. PASADENA, Calif., Jan. 8, 2019 /PRNewswire/ -- Parsons today announced its acquisition of OGSystems, an innovative solutions provider with advanced technologies in . 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The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of today's most complex communications. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an . 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. Williams Electric Co. acquired by Parsons Corporation. Photo: Parsons. Global Edition. Founded in 2018, BlackHorse expands Parsons' customer base and brings . Founded in 2018, BlackHorse expands Parsons' customer base and brings . CENTREVILLE, Va., June 10, 2021 -- Parsons Corporation announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at. The port trade, its religious and political power are illustrated in the half-timbered houses and mansion houses. Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial . "Parsons plans . WAM looks to acquire Asian equities LIC; Pound Sterling Price News and Forecast: GBP/USD bears take a breather amid the oversold RSI; EUR/USD to fall 50-pips on a breach of 1.1660 - Societe Generale Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends, and factors that are difficult to predict, many of which are outside of our control. Accordingly, actual performance, results, and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results, or events. By continuing to use our service, you agree to our use of cookies. BlackHorse Solutions BlackHorse Solutions is an IT solutions providing company that specializes in cybersecurity and intelligence solutions for their customers. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. On June 10, 2021, Parsons acquired information technology company BlackHorse Solutions for 203M USD Acquisition Highlights This is Parsons' 4th transaction in the Information Technology sector. Parsons Corporation announced that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203M. PYR. Brittany. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million.Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial . The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. BlackHorse Solutions, Inc. is empowering our customers to solve the most challenging mission requirements by leveraging and fusing together deep expertise in cyber, electronic warfare, virtual operations, artificial intelligence, and machine learning. 4. The transaction is expected to close in July 2021, subject to customary closing conditions. Williams Electric Co. Parsons Corporation. Trusted News Discovery Since 2008. Parsons to Acquire BlackHorse Solutions, Inc. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued . Founded in 2018, BlackHorse expands Parsons' customer base and . https://www.parsons.com/about/acquisitions/. Parsons' acquisition of 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. Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million.Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. Parsons said today it has agreed to acquire QRC Technologies, a Fredericksburg, VA-based company focused on products for the radio frequency and signals intelligence market, for $215 million in cash. Bloomberg Daybreak Europe. Media Contact:Jason Yaley+1.571.255.9122Jason.Yaley@parsons.com, Investor Relations Contact:Dave Spille+ 1.571.655.8264Dave.Spille@parsons.com, China Stocks Head for Best Week in Two Years Amid Reopening Bets, China leads Asia stocks higher, dollar advances as rate hikes loom, UPDATE 1-Japan fin min warns of yen risks from Fed tightening, GLOBAL MARKETS-China leads Asia stocks higher, dollar advances as rate hikes loom, Global Stocks Set for Weekly Drop; China Rebounds: Markets Wrap.

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