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Parsons

US
commercial
Chantilly, Virginia, United States
www.parsons.com
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Verified facts grounded in source documentation.

Parsons was awarded a $55,000,000 contract for the Epoch 1 ground system last month.

ORG RELATIONSHIP6/5/2023L3Harris to develop missile-warning sensor for medium orbit constellation

Parsons developed the first enterprise ground system prototype as a suite of satellite command-and-control services that uses open standards and a common platform to operate different constellations.

NARRATIVE PLAN7/14/2022A common ground system for military satellites is proving to be harder than envisioned

Parsons must complete the Blackjack ground operations center prototype by June 2024.

NARRATIVE PLAN12/11/2021Parsons to develop ground operations center for DARPA’s Blackjack satellites

Parsons completed the acquisition of Braxton Technologies in November in a deal valued at $300,000,000.

ORG RELATIONSHIP7/22/2021Space Force extends Parsons’ contract for satellite ground services

Parsons acquired OGSystems for $292,000,000 in 2019.

ORG RELATIONSHIP10/29/2020Parsons to acquire space and cybersecurity firm Braxton Science & Technology Group

Parsons will acquire Braxton Science & Technology Group for $258 million, with the announcement dated 2020-10-29.

ORG RELATIONSHIP10/29/2020Parsons to acquire space and cybersecurity firm Braxton Science & Technology Group

Parsons acquired defense contractor Polaris Alpha for $489,000,000 in 2018.

ORG RELATIONSHIP10/29/2020Parsons to acquire space and cybersecurity firm Braxton Science & Technology Group

Parsons will officially open a new smallsat integration facility in Torrance, California on 2020-02-27.

NARRATIVE GROWTH2/24/2020Parsons assembling small satellite to fly on Atlas 5 in upcoming AEHF-6 mission

Parsons used proceeds from its May initial public offering mostly to pay down net debt from $538,000,000 to $50,000,000.

NARRATIVE GENERAL6/20/2019Parsons planning more merger and acquisition moves

Parsons completed a $534,000,000 initial public offering in May.

NARRATIVE FINANCIAL6/20/2019Parsons planning more merger and acquisition moves

Parsons used proceeds from its May initial public offering mostly to pay down net debt from $538,000,000 to $50,000,000.

NARRATIVE FINANCIAL6/20/2019Parsons planning more merger and acquisition moves

Parsons won a contract in February worth up to $100,000,000 over five years from the Air Force Space and Missile Systems Center’s Launch Enterprise Directorate to serve as prime contractor for the integration of small satellites with launch vehicles.

ORG RELATIONSHIP4/8/2019Defense contractors see growth in space

Parsons won a contract in February worth up to $100,000,000 over five years from the Air Force Space and Missile Systems Center’s Launch Enterprise Directorate to serve as prime contractor for the integration of small satellites with launch vehicles.

ORG RELATIONSHIP4/8/2019Defense contractors see growth in space

Parsons bought Polaris Alpha from private equity firm Arlington Capital Partners on 2018-05-21.

NARRATIVE FINANCIAL5/21/2018Parsons acquires Polaris Alpha, seeks bigger footprint in defense, space, intelligence