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Share: CENTREVILLE, Va., July 06, 2021 (GLOBE NEWSWIRE) Parsons Corporation (NYSE:PSN) announced today that it completed the previously announced acquisition of BlackHorse Solutions, Inc., in an accretive deal valued at $203 million. The strategic acquisition expands Parsons capabilities and products in next-generation military, intelligence, and space operations, specifically in cyber, electronic warfare, and information dominance. The BlackHorse transaction is consistent with Parsons strategy of completing accretive acquisitions of companies with revenue growth and adjusted EBITDA margins exceeding 10% while adding critical intellectual property that strengthens the company s existing portfolio. Headquartered in Herndon, Va., BlackHorse s technology is shaping the future of information dominance and converged military operations by unifying cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. The company

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