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Parsons (PSN) acquired BlackHorse Solutions in a deal priced at $203 million or ~11.5x BlackHorse's estimated 2022 adjusted EBITDA.BlackHorse expands Parsons’ customer base and brings differentiated capabilities in cyber, digital operations, artificial intelligence/machine learning, an...
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 ...
CENTREVILLE, Va., June 04, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at the Stifel 2021 Virtual Cross Sector Insight Conference. Chuck Harrington, Chairman and CEO, and George Ball, CFO, will participate in a fireside chat question and answer session on Tuesday, ...
CENTREVILLE, Va., June 03, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today the upgrade of the Department of Defense’s airborne mission planning software, C2Core® Air, with a new cloud-native, web-based client sharing capability that unlocks the full powe...
CENTREVILLE, Va., May 24, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will present at Jefferies Virtual IT Services Summit. Carey Smith, President and COO, and George Ball, CFO, will participate in a fireside chat question and answer session on Tuesday, May 25, 2021, at approxi...
CENTREVILLE, Va., May 19, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a change order by the Georgia Department of Transportation (Georgia DOT) to continue serving as the owner’s representative and general engineering consultan...
Parsons (PSN) wins a task order contract by the Space and Missile Systems Center Special Programs Directorate for Integrated Solutions for Situational Awareness (or ISSA) support, potentially worth up to $185M. The cost-plus-fixed-fee contract has a one-year base period with four one-yea...
CENTREVILLE, Va., May 17, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a task order contract by the Space and Missile Systems Center Special Programs Directorate (SMC/SPG) for Integrated Solutions for Situational Awareness (ISSA) support, potentially worth up to...
Parsons ([[PSN]] +0.5%) names Jason Yaley as the company’s new chief communications officer, effective May 17. Yaley joins Parsons from Advanced Concepts and Technologies International (or ACT I), where he served as chief management officer. He will report to Carey Smith...
CENTREVILLE, Va., May 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has named Jason Yaley as the company’s new chief communications officer, effective May 17. Yaley joins Parsons from Advanced Concepts and Technologies International (ACT I), where he served as chief ma...
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2024-07-31 13:34:24 ET Parsons (NYSE: PSN) has been one of the best under-the-radar stocks in the defense sector over the past five years, outpacing the S&P 500 . The company kept that momentum going in the most recent quarter, easily topping expectations. Investors are ...
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