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Parsons To Acquire Xator, Adding Capabilities In Force Protection, Counter UAS

Cal Biesecker By
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Parsons To Acquire Xator, Adding Capabilities In Force Protection, Counter UAS
Parsons Chairwoman, President and CEO Carey Smith. Photo: Parsons

Parsons Corp. [PSN] on Monday said it has agreed to acquire Xator Corp. in a $400 million deal that gives it an entrée into the counter-drone and force protection markets, adds the Department of State as a customer, bolsters its presence with U.S. Special Operations Command (SOCOM) and enhances its capabilities in the biometrics arena. The acquisition is expected to close in the second quarter. Parsons said that Xator, which has more than 900 employees and is based in Northern…

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