Parsons Corp. to acquire Colo.-based tech firm for $300M
Centreville-based defense contractor Parsons Corp. announced Thursday that it has entered into a definitive agreement to acquire Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million. BSTG provides services for satellite operations, ground system automation, flight dynamics and spacecraft and antenna simulation for the U.S. Depar[...]
General Dynamics IT lands $761.6M GSA contract
U.S. General Service Administration awarded Falls Church-based General Dynamics Information Technology Inc. (GDIT) a $761.6 million contract to update and secure information technology infrastructure that supports the U.S. Southern Command mission. Under the Southern Command’s (SOUTHCOM) Cyber Information Technology Enterprise Services (SCITES) contract, GDIT will provide global enterprise I[...]
PAE to acquire Mass.-based tech company for $208M
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Monday plans to acquire Burlington, Massachusetts-based Centra Technology Inc. for $208 million in cash. “By acquiring Centra, PAE realizes a significant milestone in the execution of our strategic growth plan to be a provider of innovative, higher margin, knowledge-based offerings in a[...]