Home / M&A Activity / Parsons Completes SPARTA Purchase from Cobham for $350M

Parsons Completes SPARTA Purchase from Cobham for $350M

Parsons Corp. has completed its acquisition of Cobham plc.’s analytic solutions practice, known as SPARTA Inc.,  in a $350 million transaction.

Parsons announced it will integrate SPARTA into its government services business unit, which provides technical services to the U.S. public sector.

SPARTA helps deign, develop and sustain weapons systems with a focus on network-centric, space, tactical and missile defense systems.

“By acquiring Sparta, we significantly expand our advanced technology mission-oriented technical and professional services to new and existing customers, ” said Parsons Chairman and CEO Chuck Harrington. “Sparta expands our expertise in the defense and national security sector and represents an enhanced service offering to our mission-critical infrastructure and industrial sector.”

Previous acquisition coverage:

Oct. 19: Parsons to Acquire Cobham’s Analytic Solutions for $350M

Check Also

Booz Allen Issues 2020 Cyber Threat Trends Report

Booz Allen Hamilton (NYSE: BAH) has released a report that describes nine trends the company anticipates in 2020's cybersecurity landscape.

Leonardo Invests in Skydweller to Drive Unmanned Aircraft Tech Dev’t; Alessandro Profumo Quoted

Leonardo has made an investment in unmanned aircraft technology startup Skydweller Aero in a move to accelerate the deployment of the latter’s solar-powered drone platform.