Search

Parsons, SAIC Complete Acquisitions

Parsons, SAIC Complete Acquisitions
Parsons Chairwoman, President and CEO Carey Smith. Photo: Parsons

Parsons Corp. [PSN] and Science Applications International Corp. [SAIC] have completed recently announced acquisitions to add capabilities and scale in cyber and federal health information technology respectively. Parsons this week said it completed its $203 million deal for BlackHorse Solutions, expanding its capabilities in cyber, electronic warfare, and information dominance. Parsons, which in June announced its intent to acquire BlackHorse, said the deal is consistent with its strategy of accretive acquisitions with sales and operating margins above 10 percent that…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

Aerojet Rocketdyne Coleman Aerospace Inc. a wholly owned subsidiary of Aerojet Rocketdyne Inc. (Orlando, Florida) – $10,333,902

Aerojet Rocketdyne, Coleman Aerospace Inc., a wholly owned subsidiary of Aerojet Rocketdyne Inc., Orlando, Florida, is being awarded a $10,333,902 modification (P00258) to exercise an option to a previously awarded contract (HQ1047-14-C-0001) to increase calendar year 2026 program management office…


The Bell Boeing Joint Project Office (California, Maryland) – $262,069,451

The Bell Boeing Joint Project Office, California, Maryland, has been awarded a maximum $262,069,451 fixed-price-incentive, performance-based contract for V-22 Phase II consumable market basket items. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in…


Northrop Grumman Systems Corp. (Oklahoma City, Oklahoma) – $264,867,008

Northrop Grumman Systems Corp., Oklahoma City, Oklahoma, has been awarded an estimated $264,867,008 modification to award a hybrid firm-fixed-price and cost-plus-fixed-fee delivery order (SPRTA1-26-F-0020) against a five-year indefinite-delivery/indefinite-quantity contract (SPRTA1-19-D-0001) for B-2 rudders. This was a sole-source acquisition using justification…


General Dynamics Land Systems Inc. (Sterling Heights, Michigan) – $11,146,013

General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded an $11,146,013 modification (P00122) to contract W56HZV-22-C-0012 to exercise option hours for Abrams system technical support. Work will be performed in Sterling Heights, Michigan, with an estimated completion date of…