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
[...] November, Coham shed its analytics practice, known as SPARTA Inc., to Parsons in a $350 million [...]
[...] Roell, group executive for operations and risk at Parsons, was selected as an outstanding alumni for 2012 by Penn State’s engineering [...]
[...] took control of the event after acquiring Sparta in 2011 from Cobham plc. for $350 [...]
[...] Parsons recently won a contract from the Sultanate of Oman to provide design and construction supervision services for the dualization of the Nizwa-Thumrait road. [...]
[...] to the company, she helped to engineer its acquisition of Sparta Inc. from British contractor Cobham. Sparta provides systems engineering, cybersecurity and mission [...]
[...] community, which he believes played a role in British defense contractor Cobham‘s decision to sell Sparta to Los Angeles area-based Parsons [...]
[...] company credits her with helping complete its $350 million acquisition of Sparta from British defense contractor Cobham during her recent tenure as executive vice [...]
[...] Lyons and Tripp joined Parsons upon its $350 million acquisition of Sparta from British firm Cobham in November 2011, a transaction Bodie discussed in an interview [...]
[...] her current role, she helped form and execute Parsons’ $350 million 2011 acquisition of SPARTA Inc., which grew Parsons’ portfolio of systems engineering, cybersecurity and mission support [...]