Home / M&A Activity / Parsons Acquires Polaris Alpha Under Tech Investment Program; Chuck Harrington Comments

Parsons Acquires Polaris Alpha Under Tech Investment Program; Chuck Harrington Comments

Chuck Harrington

Pasadena, Calif.-based company Parsons has acquired Polaris Alpha from Arlington Capital Partners as part of a technology investment program.

Parsons said Monday it will merge its knowledge in artificial and signals intelligence and data analytics with Polaris Alpha’s machine learning, data, video, multisource analytics and automated reasoning offerings.

“The acquisition of Polaris Alpha is the latest transformative move for Parsons that takes our technology solutions strategy to a new level with customers needing advanced solutions to rapidly evolving threats,” said Parsons CEO Chuck Harrington.

The Colorado Springs, Colo.-based firm will be integrated into Parsons’ federal business unit under Carey Smith’s responsibility.

Smith noted that the customers of the two companies will benefit from existing, complementary offerings and enhanced technologies under a shared vision of rapid prototyping and agile development.

Polaris Alpha offers a range of products and services for electromagnetic warfare, signals intelligence, space situational awareness and multidomain command and control.

Check Also

Doug Magee Named Akima Support Operations President

Doug Magee, formerly senior vice president for business development at Comprehensive Health Services, has been …

Talbert Lands $360M Army Semitrailer Production Contract

Talbert Manufacturing has secured a potential five-year, $360.2M contract to produce  M872A4 semitrailers and related …