Author: Nichols Martin|| Date Published: November 17, 2020
Parsons (NYSE: PSN) has booked other transaction agreements worth more than $200M combined this year to support military technology research and development efforts at the Department of Defense.
The company said Monday the OTAs encompass the areas of directed energy, sensors, radars, joint command and control, hypersonics, threat simulation, cyber and artificial intelligence.
Carey Smith, president and chief operating officer at Parsons and a two-time Wash100 Award recipient, said the company works to accelerate the delivery of operational systems intended to help military personnel defend against threats.
The Centreville, Virginia-based tech contractor reported more than $450M in OTAs since 2018.
The acquisition will combine Precise Systems’ engineering, software development and interactive training capabilities with Ternion’s modeling and simulation tech Ternion…
Navy has five open solicitations covering shipyard, hypersonics, propulsion, training and fabrication The contracts range from small business research funding…
SAIC will provide systems engineering, technical integration and mission support for ground-based intelligence programs The recompete award pushes SAIC’s Intel…
