Parsons (PSN) Completes Acquisition of BlackSignal Technologies
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/30/2026
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil settles lower on clues about Fed policy, rumors of Hormuz deal
- Dollar jumps after Warsh comments, set for weekly gain
- McKesson reports cybersecurity incident affecting its information systems
- Mizuho is bullish on Broadcom ahead of Sept. 2 earnings, citing 30-quarter streak
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- BioNTech ends colorectal cancer mRNA therapy trial early
- Needham sees mature node semiconductor strength in latest tracker
Parsons Completes Acquisition of BlackSignal Technologies
August 16, 2024 6:30 AM EDTCHANTILLY, Va., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it completed the previously announced acquisition of BlackSignal Technologies, LLC, a Razors Edge portfolio company, for $200 million. The strategic acquisition expands Parsons customer base across the Department of Defense and Intelligence Community and significantly strengthens Parsons positioning with full-spectrum cyber and electronic warfare, while adding new capabilities in the counterspace radio frequency domain: markets anticipated to grow more than 10% annually with double digit margin expectations.
BlackSignal uses artificial intelligence and machine learning to create innovative signal processing techniques that... More
