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“Braxton Science & Technology Group”
Parsons to Acquire Braxton Science & Technology Group

Acquisition enhances space and cyber portfolios; Accretive to revenue growth and adjusted EBITDA margin

CENTREVILLE, Va., Oct. 29, 2020 (Parsons Corporation PR) — Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire Braxton Science & Technology Group, LLC (BSTG) and its subsidiaries in a deal valued at $300 million ($258 million less the tax asset). The acquisition increases Parsons’ solutions, products, and capabilities in the space, cyber, and intelligence markets.


  • Parabolic Arc
  • October 30, 2020