Parsons Corp eyes more acquisitions

by Marc Selinger

Parsons Corporation, which recently acquired cyber and electronic warfare firm BlackHorse Solutions, and positioning, navigation, and timing device provider Echo Ridge, is poised to conduct additional acquisitions to fill capability gaps, according to the chief executive of the US-based government technology company.

“We have a very low leverage … so we've got the balance sheet to be able to do more acquisitions,” Parsons president and CEO Carey Smith said on 17 November. “That's our number one focus as far as capital deployment.”

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Parsons Corporation, which recently acquired cyber and electronic warfare firm BlackHorse Solutions,...

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