Parsons completed the acquisition of CTI from Bluestone for $89m.

Parsons, a digitally enabled solutions provider, completed the acquisition of CTI, a defense technology company, from Bluestone, a private equity firm, for $89m. "Acquiring CTI is a logical addition to our growth strategy, enhancing our mission-ready solutions for the Department of Defense. Their commitment to addressing our nation’s security challenges aligns perfectly with Parsons’ mission and culture. I welcome their talented team into the Parsons family as we imagine next, together," Carey Smith, Parsons Chair, President and CEO.