Polaris Alpha, now a Parsons Company, is a technology-focused provider delivering innovative mission solutions primarily to the U.S. Department of Defense and the Intelligence Community. Their expertise lies in areas such as space situational awareness, multi-domain command and control (C2), signals intelligence (SIGINT), and electromagnetic warfare. Polaris Alpha's solutions often involve software development, cybersecurity, platform integration, and engineering services, supporting customers like NASA and various federal agencies.
All verified mentions of this organization in source documents.
Parsons acquired defense contractor Polaris Alpha for $489,000,000 in 2018.
Parsons attributed its revenue growth to the OGSystems acquisition and its $489,000,000 purchase of defense contractor Polaris Alpha in May 2018.
A regulatory review of the Parsons acquisition of Polaris Alpha was expected to be completed the week before Polaris Alpha’s ownership transfer on 2018-06-01.
Parsons bought Polaris Alpha from private equity firm Arlington Capital Partners on 2018-05-21.
Parsons projects its revenues from government work will increase from one-third to one-half of the corporation’s overall revenues once Polaris Alpha comes under Parsons’ ownership on 2018-06-01.