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Business/Financial

Parsons To Acquire Electronic Warfare, Cybersecurity Firm BlackSignal Technologies

By Cal Biesecker

Wednesday, July 31st, 2024

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Parsons To Acquire Electronic Warfare, Cybersecurity Firm BlackSignal Technologies

BlackSignal has expertise in signals detection and processing. Photo: BlackSignal Technologies

Parsons Corp. [PSN] on Tuesday said it has agreed to acquire BlackSignal Technologies in a $200 million deal that will add to the company’s work with the Defense Department and intelligence community. BlackSignal is based in Northern Virginia and is expected to generate $95 million in sales in 2024 and be accretive to Parson’s adjusted earnings. The transaction is expected to close in August. BlackSignal has capabilities in digital signal processing, electronic warfare, cybersecurity, and counterspace radio frequence that it…

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