Parsons to Buy BlackHorse Solutions
Technology provider Parsons Corp. 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 capabilities in cyber, digital operations, artificial intelligence/machine learning and full-spectrum operations. The BlackHorse transaction extends Parsons’ reach in cyber, electronic warfare and
Carey Smith to Lead Parsons as CEO, Chuck Harrington Retires
Carey Smith has been elected as CEO of Parsons Corp. effective July 1, succeeding Charles “Chuck” Harrington who announced his retirement after 40 years with the company. “Carey’s leadership, customer relationships, and proven performance at Parsons make her the natural choice to succeed me as CEO,” Harrington said. “The company is well-positioned for future profitable
Parsons to Provide COVID-19 Testing Solutions to DHS
The Department of Homeland Security has awarded technology provider Parsons Corp. a multiaward COVID-19 testing indefinite delivery, indefinite quantity contract with a shared ceiling value of $2 billion. Testing will support DHS employees and includes two functional categories: managed testing services, and molecular diagnostic test kits and testing services. Parsons will provide flexible, innovative testing solutions designed
Carey Smith Named to Parsons Board
Technology provider Parsons Corp. President and Chief Operating Officer Carey Smith has been appointed to the company’s board of directors. Smith is responsible for Parsons’ global operations and implementing the corporate growth strategy built on continuous technology innovation. “It’s been an honor working with my Parsons colleagues to deliver a better world and I am
Parsons Snaps Up Braxton Science & Technology Group
Technology provider Parsons Corp. has entered into a definitive agreement to acquire Braxton Science & Technology Group, LLC and its subsidiaries in a deal valued at $300 million. The acquisition complements Parsons’ space portfolio, bolsters its product offerings in high-growth markets and adds intellectual property that expands its capabilities for the U.S. Air Force, Space Force and research laboratories,
Parsons Finalizes Requirements for Salt Waste Processing
Parsons announced Aug. 18 it has completed the necessary steps to begin treating radioactive waste at the Energy Department’s Salt Waste Processing Facility in South Carolina. The facility is the first of its kind and will process the site’s salt waste at seven to eight times the rate it’s currently processed, the company said. “This
Parsons Adds Retired Gen. Darren W. McDew, David Wajsgras to Board
Parsons Corp. has appointed retired Air Force Gen. Darren W. McDew and former Raytheon executive David Wajsgras to its board of directors. “We are fortunate to have such qualified, distinguished, and honorable individuals as Gen. McDew and David Wajsgras join the Parsons team,” said Chuck Harrington, Parsons chairman and CEO. “They dedicated their careers to
Parsons’ Carey Smith to Serve in Dual Role as COO and President
In addition to her position as Parsons Corp. chief operating officer, Carey Smith is also assuming the role of president effective immediately, a role spanning the company’s global operations. Smith will oversee operational business lines and functions critical to supporting customers’ missions. Her appointment and other organizational realignments intend to improve synergies between Parsons’ critical infrastructure and federal solutions
Parsons to Buy QRC Technologies
Parsons Corp. has agreed to acquire QRC Technologies from equity firm DC Capital Partners in a deal worth $215 million. This acquisition is Parsons’ first as a public company and third in the last 14 months. The company is looking to use its artificial intelligence and data analytics to differentiate QRC’s product portfolio and facilitate actionable
Parsons Snaps Up OGSystems
Defense contractor Parsons has acquired OGSystems, a provider of geospatial intelligence, big data analytics and threat mitigation, making it Parsons’ third acquisition in the past 14 months. OGSystems’ main defense and intelligence customers include the National Geospatial-Intelligence Agency, the National Reconnaissance Office and the Special Operations Command. Bringing OGSystems’ disruptive technologies to Parsons is “a game
Parsons Combines Federal, Infrastructure Business Units; Names Carey Smith COO
Parsons Corp. is merging its federal and infrastructure business units into a singular business structure and appointing Carey Smith chief operating officer to oversee the new venture. Smith, who most recently served as president of Parsons Federal, will report directly to Chuck Harrington, Parsons chairman and CEO. In addition, the company is also naming a
Parsons Names Carey Smith President of its Federal Business Unit
Parsons announced Nov. 22 the appointment of Carey A. Smith as president of its federal business unit. She will be responsible for serving a variety of U.S. federal government agency customers in the defense, environmental, infrastructure, security and intelligence services markets. “We are thrilled to welcome Carey to the Parsons team, where she will take
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