Sign In
Search
Business/Financial

Parsons To Acquire QRC Technologies In Further Expansion Of Defense And Intel Business

Cal Biesecker By
SHARE:
Parsons To Acquire QRC Technologies In Further Expansion Of Defense And Intel Business

Parsons Corp. [PSN] on Monday said it has agreed to acquire QRC Technologies for $215 million in cash in a deal that expands its work in the defense and intelligence markets and its offerings in signals intelligence and radio frequency areas. QRC, which is based in Fredericksburg, Va., is owned by the private equity firm DC Capital Partners. The company has about 115 employees and expects to generate about $56 million in sales and $18 million in operating earnings in…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Powerus, DFT Team To Deliver Enhanced Drone Interceptors

Business/Financial

X-Bow Providing Rocket Assisted Takeoff Kit For AEVEX Long-Range Loitering Munition

Business/Financial

Rocket Lab Gets German Approval To Acquire Mynaric

Business/Financial

On-Orbit Services Startup Starfish Space Raises $110 Million To Execute Missions, Boost Production

Trending

Defense Watch: EA-37s in Wargame, Laser Use OK’d, Army ADOC, UAS Award, FMD Chief Back
Space Force Awards 14 Companies Space Domain Awareness Contracts Under “Andromeda”
GA-ASI Lays Out No Date for Resumption Of YFQ-42A Flights After Mishap
Space Force Requests More Than $8 Billion For Space-Based AMTI
Air Force To Host Classified Industry Day For Standoff Attack Weapon

Congress Updates

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume