Parsons to Acquire BlackSignal Technologies
Parsons (NYSE:PSN) has announced its plan to acquire BlackSignal Technologies for $200 million in an accretive deal. The acquisition, expected to close in August 2024, will enhance Parsons' cybersecurity, electronic warfare, and artificial intelligence capabilities. BlackSignal, a next-generation digital signal processing provider, uses AI and machine learning to create innovative signal processing techniques for detecting and disrupting command and control systems.
This strategic move will expand Parsons' customer base across the Department of Defense and Intelligence Community, strengthening its position in full-spectrum cyber and electronic warfare. The acquisition aligns with Parsons' strategy of acquiring high-growth companies with >10% revenue growth and strong EBITDA margins. BlackSignal is projected to generate approximately $95 million in revenue in 2025, with the deal expected to be accretive to Parsons' revenue growth, adjusted EBITDA margins, and adjusted EPS.
Parsons (NYSE:PSN) ha annunciato il suo piano di acquisire BlackSignal Technologies per 200 milioni di dollari in un affare accretivo. Si prevede che l'acquisizione si concluda ad agosto 2024 e potenzierà le capacità di cybersecurity, guerra elettronica e intelligenza artificiale di Parsons. BlackSignal, un fornitore di elaborazione di segnali digitali di nuova generazione, utilizza IA e apprendimento automatico per creare tecniche innovative di elaborazione dei segnali per rilevare e interrompere i sistemi di comando e controllo.
Questa mossa strategica amplierà la base clienti di Parsons nel Dipartimento della Difesa e nella Comunità di Intelligence, rafforzando la sua posizione nella guerra cibernetica e elettronica a 360 gradi. L'acquisizione è in linea con la strategia di Parsons di acquisire aziende ad alta crescita con una crescita dei ricavi superiore al 10% e forti margini di EBITDA. Si prevede che BlackSignal genererà circa 95 milioni di dollari di fatturato nel 2025, con l'affare che dovrebbe contribuire alla crescita dei ricavi di Parsons, ai margini di EBITDA rettificati e all'utile per azione rettificato.
Parsons (NYSE:PSN) ha anunciado su plan para adquirir BlackSignal Technologies por 200 millones de dólares en un acuerdo accretivo. Se espera que la adquisición se cierre en agosto de 2024 y mejorará las capacidades de ciberseguridad, guerra electrónica e inteligencia artificial de Parsons. BlackSignal, un proveedor de procesamiento de señales digitales de próxima generación, utiliza IA y aprendizaje automático para crear técnicas innovadoras de procesamiento de señales para detectar e interrumpir sistemas de comando y control.
Este movimiento estratégico ampliará la base de clientes de Parsons en el Departamento de Defensa y la Comunidad de Inteligencia, fortaleciendo su posición en la guerra cibernética y electrónica en todo su espectro. La adquisición se alinea con la estrategia de Parsons de adquirir empresas de alto crecimiento con un crecimiento de ingresos >10% y fuertes márgenes de EBITDA. Se proyecta que BlackSignal genere aproximadamente 95 millones de dólares en ingresos en 2025, con el acuerdo esperado que sea accretivo al crecimiento de ingresos de Parsons, márgenes de EBITDA ajustados y EPS ajustado.
Parsons (NYSE:PSN)는 BlackSignal Technologies를 2억 달러에 인수할 계획을 발표했습니다. 이번 인수는 2024년 8월에 완료될 예정이며, Parsons의 사이버 보안, 전자전 및 인공지능 능력을 강화할 것입니다. BlackSignal은 차세대 디지털 신호 처리 공급업체로, AI와 머신러닝을 활용해 명령 및 제어 시스템을 탐지하고 방해하기 위한 혁신적인 신호 처리 기술을 개발합니다.
이 전략적 움직임은 Parsons의 고객 기반을 국방부 및 정보 커뮤니티 전반으로 확장하여 사이버 및 전자전 전반에 걸친 입지를 강화할 것입니다. 이 인수는 >10%의 수익 성장과 강력한 EBITDA 마진을 가진 고성장 기업을 인수하려는 Parsons의 전략과 일치합니다. BlackSignal은 2025년까지 약 9,500만 달러의 수익을 창출할 것으로 예상되며, 이번 거래는 Parsons의 수익 성장, 조정된 EBITDA 마진 및 조정 EPS에 긍정적인 영향을 줄 것으로 보입니다.
Parsons (NYSE:PSN) a annoncé son plan d'acquérir BlackSignal Technologies pour 200 millions de dollars dans un accord accretif. L'acquisition, qui devrait se conclure en août 2024, renforcera les capacités de cybersécurité, de guerre électronique et d'intelligence artificielle de Parsons. BlackSignal, un fournisseur de traitement de signaux numériques de nouvelle génération, utilise l'IA et l'apprentissage automatique pour créer des techniques innovantes de traitement des signaux pour détecter et perturber les systèmes de commandement et de contrôle.
Ce mouvement stratégique élargira la clientèle de Parsons au sein du Ministère de la Défense et de la Communauté du renseignement, renforçant ainsi sa position dans la cyber-guerre et la guerre électronique. L'acquisition s'inscrit dans la stratégie de Parsons d'acquérir des entreprises à forte croissance avec une croissance des revenus >10% et de fortes marges d'EBITDA. On prévoit que BlackSignal génère environ 95 millions de dollars de revenus en 2025, l'accord étant prévu pour être accretif à la croissance des revenus de Parsons, aux marges d'EBITDA ajustées et aux bénéfices par action ajustés.
Parsons (NYSE:PSN) hat seinen Plan angekündigt, BlackSignal Technologies für 200 Millionen Dollar in einem akquisitorischen Deal zu übernehmen. Die Übernahme, die voraussichtlich im August 2024 abgeschlossen wird, wird die Cybersicherheits-, elektronische Kriegsführungs- und KI-Fähigkeiten von Parsons verbessern. BlackSignal, ein Anbieter von digitalen Signalverarbeitung der nächsten Generation, nutzt KI und maschinelles Lernen, um innovative Signalverarbeitungsmethoden zur Erkennung und Störung von Kommando- und Kontrollsystemen zu entwickeln.
Dieser strategische Schritt wird die Kundenbasis von Parsons im Verteidigungsministerium und der Geheimdienstgemeinschaft erweitern und damit die Position in der umfassenden Cyber- und elektronischen Kriegsführung stärken. Die Übernahme steht im Einklang mit der Strategie von Parsons, wachstumsstarke Unternehmen mit >10% Umsatzwachstum und starken EBITDA-Margen zu erwerben. Es wird erwartet, dass BlackSignal im Jahr 2025 voraussichtlich etwa 95 Millionen Dollar Umsatz generiert, wobei der Deal voraussichtlich akquisitorisch für das Umsatzwachstum von Parsons, die bereinigten EBITDA-Margen und das bereinigte EPS sein wird.
- Acquisition valued at $200 million, expected to be accretive to Parsons' financials
- Enhances Parsons' capabilities in cybersecurity, electronic warfare, and AI
- Expands customer base across Department of Defense and Intelligence Community
- BlackSignal projected to generate $95 million in revenue in 2025
- Acquisition aligns with Parsons' strategy of acquiring high-growth companies
- Strengthens Parsons' position in full-spectrum cyber and electronic warfare
- None.
Insights
Parsons 's acquisition of BlackSignal Technologies for
Key financial highlights:
- Expected 2025 revenue contribution:
$95 million - Accretive to Parsons' revenue growth, adjusted EBITDA margins and adjusted EPS
- Aligns with Parsons' acquisition strategy targeting high-growth companies (
10%+ revenue growth)
The acquisition's impact on Parsons' financials could be substantial. Assuming BlackSignal maintains its growth trajectory, it could contribute
Investors should monitor post-acquisition integration progress and any synergies realized, as these factors will be important in determining the deal's long-term value creation potential for Parsons shareholders.
Parsons' acquisition of BlackSignal Technologies represents a significant technological leap in the realm of cybersecurity and electronic warfare. The deal brings cutting-edge capabilities that could reshape the competitive landscape:
- AI and ML-driven signal processing techniques
- Full-spectrum cyber solutions and tool development
- Space-based, AI-enhanced signal processing
- Tactical communication and intelligence systems
Of particular interest is BlackSignal's expertise in countering near-peer threats, especially in the counterspace radio frequency domain. This capability is increasingly important as space becomes a contested battlefield. The integration of these technologies with Parsons' existing portfolio could lead to the development of more sophisticated, AI-driven defense systems capable of detecting and disrupting advanced command and control systems.
The acquisition also positions Parsons to capitalize on the growing demand for AI and ML applications in defense. As these technologies become more central to military operations, companies with proven capabilities in integrating AI into defense systems will likely see increased demand from both DoD and Intelligence Community customers.
Long-term, this deal could accelerate Parsons' innovation pipeline, potentially leading to breakthrough products that address emerging national security challenges. Investors should watch for new contract wins and product announcements in the coming quarters as indicators of the acquisition's technological impact.
The acquisition of BlackSignal Technologies by Parsons is a strategic market positioning move that could significantly enhance Parsons' competitive edge in the defense and intelligence sectors. Key market implications include:
- Expansion of Parsons' customer base within the Department of Defense and Intelligence Community
- Strengthened positioning in full-spectrum cyber and electronic warfare markets
- Entry into the high-growth counterspace radio frequency domain
The cybersecurity and electronic warfare markets are projected to grow at
This acquisition aligns with the broader industry trend of consolidation among defense contractors, as companies seek to offer more comprehensive solutions to complex national security challenges. Parsons' move could prompt competitors to seek similar acquisitions to maintain their market positions.
Investors should consider the potential for increased contract opportunities for Parsons, particularly in high-priority areas like space-based defense and AI-enhanced cybersecurity. The company's expanded capabilities could make it a more attractive partner for large-scale, multi-domain defense projects.
However, the success of this market strategy will depend on Parsons' ability to effectively integrate BlackSignal's technologies and talent and to leverage these new capabilities to win significant contracts in the highly competitive defense market.
Acquisition enhances Parsons’ cybersecurity, electronic warfare, and artificial intelligence capabilities
CHANTILLY, Va., July 30, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackSignal Technologies, LLC, a Razor’s Edge portfolio company, in an accretive deal valued at
BlackSignal is a next-generation digital signal processing, electronic warfare, and cybersecurity provider built to counter near-peer threats. This acquisition will expand Parsons’ customer base across the Department of Defense and Intelligence Community and significantly strengthen Parsons’ positioning with full-spectrum cyber and electronic warfare, while adding new capabilities in the counterspace radio frequency domain: markets anticipated to grow more than
The transaction is consistent with Parsons’ strategy of acquiring high-growth companies with greater than
"Parsons' acquisition of BlackSignal will represent a strategic enhancement to our cyber and intelligence and electronic warfare capabilities, reinforcing our commitment to quickly delivering mission-essential solutions that address our customer’s national security requirements," said Carey Smith, Parsons' chair, president, and chief executive officer. "Our purpose-built Federal Solutions portfolio is addressing national security threats from near-peer adversaries that are becoming increasingly aggressive with rapidly evolving advanced technologies. I am excited that we will welcome BlackSignal’s accomplished team into Parsons.”
Headquartered in Chantilly, Va., BlackSignal’s culture of innovation and disruption delivers differentiated solutions to address national security challenges related to near-peer threats for the Defense Department and Intelligence Community. The company’s space, cyber, electronic warfare, and digital signal processing capabilities include full-spectrum cyber solutions and tool development; space-based, artificial intelligence-enhanced signal processing; and tactical communication and intelligence systems.
“There is complete alignment with our culture and values, and we share a common passion for supporting our nation’s most pressing security challenges while promoting a people-first culture,” said Ned Zimmer, chief executive officer of BlackSignal. “This partnership will be a force multiplier for our warfighters, accelerate our business growth, and expand our customer base, while providing exciting new opportunities for our employees. I am excited about our future together and to become part of the Parsons team.”
The
About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.
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