Hello, Guest!
  • Sunday, November 17, 2024

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.

œThe 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.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights