Headquartered in Herndon, Va., BlackHorses technology is shaping the future of information dominance and converged military operations by unifying cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. Parsons to Acquire BlackHorse Solutions, Inc. - One News Page BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. Media Contact:Jason [email protected], Investor Relations Contact:Dave Spille+ [email protected]. Parsons to Acquire BlackHorse Solutions, Inc. For 2022, BlackHorse is expected to generate revenue of approximately $100 million. Founded in 2018, BlackHorse expands Parsons customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. Parsons has announced its agreement to acquire Polaris Alpha, a technology-focused provider of mission solutions for complex defense, intelligence and security customers, as well as other U.S. federal customers.. Parsons' agreement to acquire Polaris Alpha, from private equity firm Arlington Capital Partners, is the latest in the company's series of strategic . BlackHorse unifies cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. Accordingly, actual performance, results, and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results, or events. News/Events | Echo Ridge LLC BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. Parsons to Acquire BlackHorse Solutions, Inc. | AI industry news BlackHorse unifies cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. | Source: Adding BlackHorse increases our scale in the areas of cyber, electronic warfare, and information dominance, enhancing Parsons position to pursue and win upcoming large joint all-domain contract opportunities, which is a key component of our national defense strategy, said Chuck Harrington, Parsons chairman and chief executive officer. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local, or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the governments budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations, and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations, or cancellations caused by competitors protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train, or retain employees with the requisite skills, experience, and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews, and investigations, which may result in materially adverse judgments, settlements, or other unfavorable outcomes. Join us as the Cyber Bytes Foundation and Parsons Corporation partner up to host TWO concurrent Capture the Flag events on December 8th at the Quantico Cyber Hub in Stafford Virginia. "Parsons plans . We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws. | August 5, 2022 BlackHorse Solutions acquired by Parsons Corporation. Private: property 650 m2, parkin. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. Parsons Corporation has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. 20th Corporate Growth Awards | ACG National Capital Explosive Ordnance Disposal And Mine Clearance Penske Logistics acquires Black Horse Carriers (Photo: Jim Allen/FreightWaves) Penske Logistics announced an agreement to purchase Black Horse Carriers, a Chicago-based trucking company with more than 4,000 employees providing dedicated services and private fleet replacement. Parsons to Acquire BlackHorse Solutions, Inc. - Yahoo! Founded in 2018, BlackHorse expands Parsons customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. CTGO. Carey Smith, Parsons. Centreville, Virginia-based defense, engineering, and IT security contractor Parsons Corporation will acquire Herndon-based BlackHorse Solutions for $203 million. Home of the Canadian Insider Club which offers alerts and premium research. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. 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. Parsons To Acquire Xator, Adding Capabilities In Force Protection Vannes. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Parsons Corporation announced that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203M. All content copyright 2022 Homeland Security Today. BlackSky Wins $4.4M IARPA Contract to Provide Advanced Artificial Intelligence for Space-Based Dynamic Monitoring 07.18.22; X-Bow Systems to Deliver World's First Rocket Factory In-A-Box to US Air Force Research Laboratory Parsons (NYSE: PSN) acquired BlackHorse Solutions in a deal priced at $203 million or ~11.5x BlackHorse's estimated 2022 adjusted EBITDA. The deal is Parsons' third acquisition in the last 14 months and marks its first since going public in May. Parsons To Acquire BlackHorse - Association of Old Crows | Facebook Parsons Acquires Polaris Alpha - PR Newswire CENTREVILLE, VA (June 10, 2021) 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. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. Bloomberg Daybreak Europe. Visit Vannes | Brittany tourism We are thrilled to join the Parsons family, said Mike Kushin, BlackHorse president and chief executive officer. Parsons Corp. [PSN] on Thursday said it has agreed to acquire BlackHorse Solutions Inc. for $203 million in a deal that will add scale to its capabilities in cyber, electronic warfare (EW) and information dominance and also expand its presence with existing customers while adding new ones. Parsons to Acquire BlackHorse Solutions Inc - HS Today The transaction is consistent with Parsons strategy of completing accretive acquisitions of companies with revenue growth and adjusted EBITDA margins exceeding 10%, respectively, while adding critical intellectual property that strengthens the companys existing portfolio. California-based Parsons Corp. announced Jan. 8 it has acquired OGSystems, which provides advanced technologies in geospatial intelligence, big data analytics and threat mitigation. Parsons was advised by Baird and Latham & Watkins LLP. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local, or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the governments budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations, and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations, or cancellations caused by competitors protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train, or retain employees with the requisite skills, experience, and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews, and investigations, which may result in materially adverse judgments, settlements, or other unfavorable outcomes. The firm is now called "Delcan, a Parsons Company.". The company expects the transaction to be accretive to Parsons fiscal year 2021 and 2022 revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. By Marjorie Censer / June 11, 2021 at 1:22 PM Tweet Parsons said this week it has agreed to acquire BlackHorse Solutions in a deal worth $203 million. Parsons Corp. acquires TJ Cross of Bakersfield - San Gabriel Valley Tribune Founded in 2018, BlackHorse expands Parsons' customer base and brings . Parsons' acquisition of Polaris Alpha, from private equity firm Arlington Capital Partners, is the latest in the company's series of strategic investments focused on companies with technologies. France. BlackHorse Solutions, Inc. is empowering our customers to solve the most challenging mission requirements by leveraging and fusing together deep expertise in cyber, electronic warfare, virtual operations, artificial intelligence, and machine learning. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. Parsons to Acquire BlackHorse Solutions, Inc. Parsons Corp. [PSN] on Monday said it has agreed to acquire Xator Corp. in a $400 million deal that gives it an entre into the counter-drone and force protection markets, adds the Department of State as a customer, bolsters its presence with U.S. Special Operations. Parsons to Acquire Xator - HS Today Company News | BlackHorse Solutions Contango ORE Announces Agreement to Issue $20,000,000 Unsecured 8% Convertible . This is Parsons' 5th transaction in Virginia. The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Parsons to buy Herndon cyber firm BlackHorse Solutions for $203 million Founded in 2005, Xator expands Parsons' customer base and brings differentiated technical capabilities in critical infrastructure protection, counter-unmanned aircraft systems (cUAS), intelligence and cyber solutions, biometrics, and global threat assessment and . Parsons to Acquire BlackHorse Solutions, Inc. Trending News. 5. Parsons to Acquire BlackHorse Solutions, Inc. - TeleTrader.com Parsons to Acquire BlackHorse Solutions, Inc. | Canadian Insider Founded in 2018, BlackHorse expands Parsons' customer base and brings . CENTREVILLE, VA (July 6, 2021) Parsons Corporation (NYSE:PSN) announced today that it completed the previously announced acquisition of BlackHorse Solutions, Inc., in an accretive deal valued at $203 million. By continuing to use our service, you agree to our use of cookies. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. Parsons Corporation has entered into a definitive agreement to acquire Xator Corporation in a transaction valued at $400 million. Founded in [] This is Parsons' 11th transaction in the United States. 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. The BlackHorse transaction is consistent with Parsons strategy of completing accretive acquisitions of companies with revenue growth and adjusted EBITDA margins exceeding 10% while adding critical intellectual property that strengthens the companys existing portfolio. House "Golf de Bretagne". Im excited for what the future holds.. Founded in 2018, BlackHorse expands Parsons customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. Global Edition. Parsons Chairwoman, President and CEO Carey Smith. We have partnered closely with BlackHorse in the past, so we know our cultures are well aligned and are excited to welcome their talented team of employees to the Parsons family and leverage their exceptional reputation in the market.. Parsons to Acquire BlackHorse Solutions Inc By Homeland Security Today June 14, 2021 Parsons Corporation has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. 2021-06-10 | NYSE:PSN | Press Release | Parsons Corporation - stockhouse Acquisition enhances cyber, electronic warfare, and information dominance capabilities June 10, 2021 08:05 ET | Source: Parsons Services Company 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. Parsons to acquire QRC. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. BlackHorse will be integrated into Parsons federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances. 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Parsons Signs $203 Million Deal To Acquire Digital - MilitaryLeak The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of todays most complex communications. The transaction is expected to close in July 2021, subject to customary closing conditions. BlackHorse, which is based in Northern Virginia, has nearly 200 . 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.

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