Parsons Buys Williams Electric in Control Tech Market Push; Chuck Harrington, Carey Smith Comment

Parsons has purchased Williams Electric for an undisclosed sum as part of the Pasadena, California-based engineering services contractor’s move to expand its control systems business.

Fort Walton Beach, Florida-based Williams Electric is a privately held company that provides electrical, control system integration, general contracting and energy infrastructure platforms and services for defense and federal agency clients, Parsons said Tuesday.

Carey Smith

Chuck Harrington, Parsons chairman and CEO, said the acquisition is part of the company’s strategy to help protect operational technologies and other critical infrastructure assets from cyber threats.

“Parsons’ existing contractual relationships with numerous customers within the departments of Defense, Energy, and Veterans Affairs and elsewhere are ideal environments for our now expanded control system offering,” said Carey Smith, Parsons federal group president.

Smith, an inductee into Executive Mosaic’s Wash100 for 2017, said Parsons expects the acquisition to result in new opportunities and help expand its control systems market presence in the Middle East and other regions.

The $50 billion control system market is estimated to record a compound annual growth rate of at least 10 percent over the next five years.

Williams Electric runs offices in Maryland and Virginia and has employees at over 100 client sites both in the U.S. and overseas.

You may also be interested in...

William Conley CTO Mercury Systems

Mercury Systems’ William Conley Joins NDIA Central Georgia Chapter Board

William Conley, chief technology officer of Mercury Systems (Nasdaq: MRCY), has been named to the board of directors for the National Defense Industrial Association's Central Georgia chapter. He will serve as a board member for a term of up to six years, Mercury Systems said Thursday.

Cloud IT

DHS Posts $3B Data Center, Cloud Solicitation

The Department of Homeland Security has issued a request for proposals for its indefinite-delivery/indefinite-quantity Data Center and Cloud Optimization contract worth potentially $3.35B over 10 years.