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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. Be the first to receive updates about Parsons news, events, and innovations. BlackHorse unifies cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. Parsons Chairwoman, President and CEO Carey Smith. Electrical And Power Supply Equipment, Subsystems And Components . 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 All forward-looking statements are based on currently available information and speak only as of the date on which they are made. The transaction is expected to close in July 2021, subject to customary closing conditions. 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. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. Private: property 650 m2, parkin. 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. Williams Electric Co. Parsons Corporation. Home of the Canadian Insider Club which offers alerts and premium research. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. 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 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 . The deal is expected to close in July. Acquisition enhances cyber, electronic warfare, and information dominance capabilities. 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. 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.. Photo: Parsons. Parsons To Acquire BlackHorse Solutions, Inc. https://www.parsons.com 3 Like Comment Parsons Corporation. 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. 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. This is Parsons' 11th transaction in the United States. 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. WASHINGTON Parsons, a government contractor with more than $3 billion in annual revenues, announced it has acquired Polaris Alpha, a defense and intelligence technology firm with a growing . Im excited for what the future holds.. BlackHorse will be integrated into Parsons federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances. Parsons Corporation announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. BlackHorse adds capabilities in cyber, digital operations, artificial intelligence/machine learning to Parsons' portfolio. Terms of the . 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. Parsons is acquiring BlackHorse Solutions, a cybersecurity consulting firm that serves U.S. federal government customers including the U.S. Department of Defense and intelligence community customers. 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. 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.. California-based Parsons Corp. announced Jan. 8 it has acquired OGSystems, which provides advanced technologies in geospatial intelligence, big data analytics and threat mitigation. NVAX. The transaction is expected to close in July 2021, subject to customary closing conditions. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. 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.. 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. CTGO. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. 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. Saturday, May 14, 2022 Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it. 630 /avg weekly. (Don't worry . By Marjorie Censer / June 11, 2021 at 1:22 PM Tweet Parsons said this week it has agreed to acquire BlackHorse Solutions in a deal worth $203 million. Vannes. 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. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Be the first to receive updates about Parsons news, events, and innovations. 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. 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. 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Parsons Corporation has entered into a definitive agreement to acquire Xator Corporation in a transaction valued at $400 million. 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. The strategic acquisition expands Parsons capabilities and products in next-generation military, intelligence, and space operations, specifically in cyber, electronic warfare, and information dominance. 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. Jan 08, 2019, 10:06 ET. 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. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it. 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. BlackHorse expands Parsons' customer base and brings. PYR. August 4, 2021. Jun 10, 2021. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. Published: Jun 10, 2021, 12:05 PM UTC GlobeNewswire 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.. 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. 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. Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, Wednesday, December 02, 2020. 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. Media Contact:Jason Yaley+1.571.255.9122Jason.Yaley@parsons.com, Investor Relations Contact:Dave Spille+ 1.571.655.8264Dave.Spille@parsons.com. 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. Founded in 2018, BlackHorse expands Parsons' customer base and . By continuing to use our service, you agree to our use of cookies. Im excited for what the future holds.. 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. 4. Explosive Ordnance Disposal And Mine Clearance 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. 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. According to a press release, the move follows "a series of strategic investments" and is the third acquisition by Parsons in the last 14 months. 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 Services Company 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. Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial . Parsons Completes Acquisition Of BlackHorse Solutions, Inc. CENTREVILLE, VA (July 6, 2021) - Parsons Corporation (NYSE:PSN) announced today that it completed the previously announced acquisition of BlackHorse Solutions, Inc., in an accretive deal valued at $203 million. P. Peter Pascali Updates Early Warning Report. This is Parsons' 4th largest (disclosed) transaction. To learn more about Parsons history of successful acquisition and growth strategy, please visit: https://www.parsons.com/about/acquisitions/. Parsons : to Acquire Digital Security Provider BlackHorse Solutions in $203 Million Deal | MarketScreener Homepage Equities United States Nyse Parsons Corporation News Summary PSN US70202L1026 PARSONS CORPORATION (PSN) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Summary 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 Acquires O`Connor Associates. 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. 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. 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 Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine . We are thrilled to join the Parsons family, said Mike Kushin, BlackHorse president and chief executive officer. Williams Electric Co. acquired by Parsons Corporation. Press release content from Globe Newswire. Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum . | August 5, 2022 Parsons to Acquire BlackHorse Solutions, Inc. Trending News. 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 . Subscribe today! 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 . Global Edition. 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. House "Golf de Bretagne". 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. BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. Parsons to acquire BlackHorse Solutions By Loren Blinde June 10, 2021 0 Comments On June 10, Centreville, VA-based Parsons Corporation announced that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. BlackHorse will be integrated into Parsons federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. 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 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. 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. Live from London, tracking the breaking and top business news stories in the lead-up to the opening of European markets. 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 Im excited for what the future holds.. 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. Founded in 2018, BlackHorse expands Parsons' customer base and brings . Acquisition enhances cyber, electronic warfare, and information dominance capabilities June 10, 2021 08:05 ET | Source: Parsons Services Company 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. (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 transaction is expected to close in July 2021, subject to customary closing conditions. France. June 10, 2021 08:05 ET The Gallo-Roman town of Darioritum became Vannes (in Breton, Gwened, "the white one") with the arrival of the Celts. Parsons to Acquire BlackHorse Solutions, Inc. 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. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. 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 Herndon, VA-based BlackHorse was founded in 2018 and specializes in cyber, digital operations, artificial intelligence and full-spectrum operations. For 2022, BlackHorse is expected to generate revenue of approximately $100 million. Founded in [] Parsons Corp. [PSN] on Thursday said it has agreed to acquire BlackHorse Solutions Inc. for $203 million in a deal that will add scale to its capabilities in cyber, electronic warfare (EW) and information dominance and also expand its presence with existing customers while adding new ones. Get stock quotes, news, fundamentals and easy to read SEC and SEDI insider filings. Subscribe today. 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. Parsons was advised by Baird and Latham & Watkins LLP. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. The AP news staff was not involved in its creation. BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. 5. Parsons Corporation announced that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203M. All rights reserved. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. Acquiring Organization: Parsons Corporation Parsons is an engineering, construction, technical and management services firm. Announced Date Jun 10, 2021 Acquisition Type Acquisition 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. 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. 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. We are thrilled to join the Parsons family, said Mike Kushin, BlackHorse president and chief executive officer. 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 transaction is expected to close in July 2021, subject to customary closing conditions. Founded in 2018, BlackHorse expands Parsons' customer base and brings . 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. CENTREVILLE, Va,, May 23, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire Xator Corporation in a transaction . PASADENA, CA -- (Marketwire) -- 01/20/12 -- Parsons is pleased to announce that it has acquired privately held O'Connor Associates, a leading environmental consultancy firm in Canada. The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of today's most complex communications. For 2022, BlackHorse is expected to generate revenue of approximately $100 million. Parsons Services Company. Parsons to acquire BlackHorse Solutions On June 10, Centreville, VA-based Parsons Corporation announced that it has entered into a definitive agreement to acquire BlackHorse Solutions, Read more The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of today's most complex communications. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Carey Smith, Parsons. Parsons Corp. [PSN] on Monday said it has agreed to acquire Xator Corp. in a $400 million deal that gives it an entre into the counter-drone and force protection markets, adds the Department of State as a customer, bolsters its presence with U.S. Special Operations. 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. The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of todays most complex communications. 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. BlackHorse Solutions BlackHorse Solutions is an IT solutions providing company that specializes in cybersecurity and intelligence solutions for their customers. Novavax and Serum Institute of India Receive Emergency Use Authorization for Novavax'. The Gulf as a backdrop. 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. In Other News. 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. 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parsons acquires black horse

parsons acquires black horse

parsons acquires black horse

parsons acquires black horse