Parsons Enters $300M Deal for BSTG; Chuck Harrington Quoted
Parsons has entered into a definitive agreement to acquire Braxton Science & Technology Group (BSTG) and its subsidiaries for $300 million. With the purchase, Parsons will enhance its solutions, products and capabilities across the space, cyber and intelligence markets. BSTG has a large portfolio of commercial off-the-shelf (COTS) products and government off-the-shelf products, which have provided mission critical solutions across spacecraft ground control and spacecraft integration.Â