Parsons acquires Polaris Alpha form Arlington Capital Partners

Parsons Corporation, a government contractor with more than $3 billion in annual revenues, acquires Polaris Alpha, a defense and intelligence technology firm with a growing business in space, artificial intelligence, command and control and cybersecurity, from Arlington Capital Partners, a Washington, DC-based private equity firm. Financial terms were not disclosed. Parsons' existing artificial intelligence (AI), signals intelligence, and data analytics expertise supporting defensive and offensive cybersecurity missions will be expanded by the integration of Polaris Alpha's machine learning, data, video, multi-source analytics, and automated reasoning technologies. Polaris Alpha's portfolio of electromagnetic (EM) warfare, signals intelligence (SIGINT), space situational awareness, and multi-domain command and control (C2) technologies will significantly increase the scale and scope of Parsons' capabilities and customer relationships. Both companies support the U.S. intelligence community, numerous U.S. Department of Defense agencies, the Department of Homeland Security, and other federal agencies, including the National Aeronautics and Space Administration and the Department of Justice.