Parsons completed the acquisition of Braxton Science & Technology Group for $300m.

Parsons, an American technology-focused defense, intelligence, security, and infrastructure engineering firm, completed the acquisition of Braxton Science & Technology Group, a satellite ground system company, from The O'Neil Group, a real estate investment, property management, and development company, for $300m. "The addition of BSTG complements our space portfolio, increases our product offerings in high-growth markets, and adds critical intellectual property that complements and expands our capabilities for the US Air Force, Space Force, and research laboratories. We look forward to welcoming BSTG's employees into the Parsons' family, driving synergistic solutions that leverage our expanded set of space solutions, growing our technology, and furthering our customer's critical missions including joint all-domain operations," Chuck Harrington, Parsons Chairman and CEO.