Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Parsons Continues Strategic, High-Growth Acquisitions

Company Enters into Agreement to Acquire QRC Technologies; Expands Product Portfolio for the SOCOM, IC and International Markets

Parsons Corporation announced that it has entered into an agreement to acquire QRC, LLC (“QRC Technologies” or “QRC”), from private equity firm DC Capital Partners, for $215 million in cash, increasing its product market offerings in the radio frequency environment and signals intelligence market. The strategic acquisition is Parsons’ first as a public company and its third acquisition in the past 14 months. Parsons plans to leverage its existing artificial intelligence and data analytics core competencies to further differentiate QRC’s product portfolio and expedite actionable intelligence for its customers.

The transaction is consistent with the company’s transformation strategy of acquiring high-growth, defense and intelligence technology companies with hardware and intellectual property that enhance its technology and transactional revenue growth and margin profile.

Read More: Fast-Growing Fintech Firm Uphold Doubles Presence in Portugal

“Bringing QRC into the Parsons family complements our existing portfolio, increases our presence in the high-growth markets of spectrum awareness and surveillance, adds critical intellectual property that complements and expands our available capabilities for the Special Operations and Intelligence Communities,” said Chuck Harrington, Parsons’ Chairman and CEO. “Our expansion into military hardware will provide significant value for both our shareholders and customers across federal solutions and critical infrastructure.”

Related Posts
1 of 40,542

QRC is an agile, disruptive product company headquartered in Fredericksburg, Va., that specializes in radio frequency spectrum survey, record and playback; signals intelligence; and electronic warfare missions for the U.S. Special Operations Command, U.S. Intelligence Community, U.S. Navy, U.S. Marine Corps and international customers.

Read More: Secure-D Uncovers Another Popular Android App with 100 Million Downloads as Suspicious

“We are excited to join the Parsons team and look forward to accelerating their strategy, leveraging existing protocols, reaching additional customers, and getting products to new markets and customers faster,” said Larry Swift, QRC Technologies’ CEO. “Parsons brings scale to QRC, including increased investments, expanded pipelines, existing protocols, and additional business development resources which will result in additional speed and value to our current and future customers.”

The transaction is valued at approximately $185 million, including the net present value of a $30 million transaction-related tax benefit. For 2020, QRC is expected to generate approximately $56 million in revenue and $18 million in EBITDA before considering any revenue or cost synergies. The transaction is expected to be accretive to 2020 earnings per share, excluding one-time transaction costs. Parsons was advised by Goldman Sachs & Co LLC and Latham & Watkins LLP. QRC was advised by Arnold & Porter Kaye Scholer LLP.

Read More: Bitcoin SV (BSV) ‘Quasar’ Protocol Upgrade Continues Massive Blockchain Scaling, Lifting Default Block Cap to 2GB

48 Comments
  1. Hotel Tayko Bilbao, Bilbao dès 180€ sur Tripadvisor: Consultez les 551 avis de voyageurs, 409 photos, et les meilleures offres pour Hotel Tayko Bilbao,
    classé n°1 sur 55 hôtels à Bilbao et noté 5 sur
    5 sur Tripadvisor.

  2. Zaten biz acı çeken ölümlüler ayaklarımızı mutluluğun üzerine
    hiç tamamen basamadık. Her seferinde acı bir keder neşemizi kaçırır.” -Rodoslu Apollonios 1. Gir.

  3. Yalnızca Yetişkinler! Hikayesinde ve Oynanışında Seks ve Cinsel İçerikler Barındıran 9
    Video Oyunu. pfiona Onedio Üyesi. 2022 En Güzel ve Etkileyici Doğum Günü Mesajları:
    Aileye, Sevgiliye ve Arkadaşa Özel İyi
    ki Doğdun Sözleri.

  4. 16 yaşındaki kız masturbasyon yapıyor araması için 127⭐
    porno filmi listeniyor. En iyi 16 yaşındaki kız masturbasyon yapıyor sikiş
    videoları 7DAK ile, kaliteli sikiş videoları, türkçe izlenme rekoru kıran seks izle.
    7 338.520 Video.

  5. Aşağıdakileri anladığınızdan emin olun! Sana içeriği teklif etmiyoruz.
    İzlemekte izlediğiniz olgun kadın oral seks filmleri üreten,
    sahibi olan ve barındıran diğer.

  6. this site says

    I don’t even know how I ended up here, but I thought this post was great. I do not know who you are but certainly you are going to a famous blogger if you are not already 😉 Cheers!

  7. Cheapest source for diabetes medication delivery diabetes medication online
    no Rx
    Looking for an online pharmacy that sells diabetes medication without a prescription and with
    fast delivery. Actoplus for sale online

  8. vigrx plus gnc stores says

    My brother recommended I might like this web site. He was totally right. This put up truly made my day. You cann’t imagine just how so much time I had spent for this information! Thank you!

  9. check says

    Someone essentially help to make seriously posts I would state. This is the first time I frequented your web page and thus far? I surprised with the research you made to make this particular publish amazing. Fantastic job!

  10. packaging says

    I love your blog.. very nice colors & theme. Did you create this website yourself or did you hire someone to do it for you? Plz answer back as I’m looking to create my own blog and would like to know where u got this from. thanks a lot

  11. Quality posts is the secret to interest the viewers
    to pay a visit the web site, that’s what this website is providing.

  12. I read this paragraph fully regarding the comparison of latest and previous technologies, it’s awesome article.

  13. Kenny says

    I savour, lead to I found exactly what I was taking a look for.
    You’ve ended my four day long hunt! God Bless you man. Have a
    nice day. Bye

  14. achat de amoxicilline says

    Wonderful blog you have here but I was curious if you knew of any forums that cover the same topics discussed in this article?
    I’d really love to be a part of online community where I can get responses from other knowledgeable individuals that share
    the same interest. If you have any recommendations, please let me
    know. Bless you!

  15. WOW just what I was searching for. Came here by searching for How
    to prevent hair loss during menopause

  16. België says

    Howdy! I could have sworn I’ve been to this web site before but after browsing through a few
    of the posts I realized it’s new to me. Nonetheless, I’m definitely pleased I came across it and I’ll be book-marking it
    and checking back frequently!

  17. I am not sure where you’re getting your information, but great topic.
    I needs to spend some time learning more or understanding more.
    Thanks for fantastic info I was looking for this information for my mission.

  18. chat with cam girls live says

    If you purchase a new gas stove or range, consider buying one with

  19. This paragraph is genuinely a good one it assists new internet visitors, who
    are wishing in favor of blogging.

  20. Hi there! I could have sworn I’ve been to this blog before but after reading through some
    of the post I realized it’s new to me. Anyways, I’m definitely glad I found it and
    I’ll be bookmarking and checking back frequently!

  21. tarief van aripiprazole says

    I just could not go away your site before suggesting that I really loved the usual information an individual provide on your guests?
    Is going to be again continuously in order to check up
    on new posts

  22. I have read so many content about the blogger lovers but this
    article is truly a fastidious article, keep it up.

  23. It’s the best time to make some plans for the future and it’s time to
    be happy. I’ve read this post and if I may just I want to counsel you
    few fascinating issues or advice. Maybe you could write next articles regarding this article.

    I want to read even more issues about it!

  24. I’m not that much of a online reader to be honest but your sites
    really nice, keep it up! I’ll go ahead and bookmark your website to come back
    in the future. All the best

  25. Simply want to say your article is as surprising. The clarity to your submit is just
    nice and that i could suppose you are knowledgeable in this subject.
    Well along with your permission let me to grab your RSS feed to stay updated with approaching post.
    Thank you a million and please carry on the enjoyable work.

  26. Donna says

    Quality articles is the key to invite the people to go to see
    the web page, that’s what this web page is providing.

  27. dierrarly says

    Thank you so much! It is an awesome web-site. [url=http://pjh3.dothome.co.kr/bbs/board.php?bo_table=free&wr_id=62522]Kauf von mupibact online in Österreich[/url]

  28. Isabella Miller says

    This interconnectedness enhances their understanding of diverse worldviews and prepares them for a globalized workforce.

  29. Scrap Copper yard says

    Regulatory compliance for copper recycling Copper scrap casting Scrap metal logistics solutions
    Environmental impact of Copper cable disposal, Scrap metal documentary requirements, Copper sulfate recycling

  30. Mia Green says

    I am very multifaceted, from sweet to free show room, everything is possible with me! Are you submissive? Then don’t be afraid to give me a call. I’ll take your breath away with my dominant nature. Don’t hesitate for long and give me a call. I look forward to seeing you!

  31. où acheter médicaments Zydus Yerba Buena Comprar comprimidos de medicamentos en línea

  32. гадание картами и какая карта что обозначает сонник старинные золотые украшения сообщение на тему одежда римлян
    гадания римлян
    к чему снится как тебя кусает собака за руку самолет падал в воду сонник

  33. medicamentos de calidad a un precio asequible Gedeon Richter Alblasserdam
    médicaments de qualité pharmaceutique disponible

  34. aanwijzing voor verkoop van medicijnen in Marokko ratiopharm Brusciano medicijnen kopen in België via internet

  35. как задобрить овна таро подсказки для начинающих фамилия вишня склонение
    приснилось делать искусственное
    дыхание утопленнику чтения корана от сглаза детям

  36. бақбақ гүлі балабақша, бақбақ
    формуласы спец карта халык банка, тип
    карты upi халык банк театрдың үлкен залында 26 қатар кіші залында 18 қатар, онлайн
    мектеп рефлексия тапсырма, рефлексия мысалдар

  37. Acheter médicaments en Belgique sans ordonnance sandoz Garbagnate Milanese medicamentos para comprar
    en Buenos Aires

  38. нетбук отличие от ноутбука,
    чем компьютер отличается
    от ноутбука быстрый онлайн кредит на
    карту, онлайн кредит срочно конституция беларуси читать, конституция
    изменения авто барахолка павлодар, продажа авто в павлодаре

  39. médicaments et alcool : précautions à
    prendre Helvepharm Culemborg Comprar medicamentos baratos

  40. If you are going for finest contents like I do, only pay a visit this web site
    daily as it offers feature contents, thanks

  41. Acheter médicaments en ligne : guide étape par étape pour
    les débutants Basi Patía Online-Verfügbarkeit von Medikamente in Berlin

  42. рекорд россии по подтягиванию за один подход, мировой
    рекорд по подтягиваниям за минуту кау колледж, архитектура колледж жаратылыстану 5 сынып кітабы
    атамұра скачать, жаратылыстану 5
    сынып электронды оқулық 1 бөлім оңтүстік таулары, қазақстанның биік таулары

  43. табиғи материалдардан жасалған амулет поезд 113 отзывы, поезд 114 расписание пальто
    теплое женское, пальто зимнее женское купить өндірістік шаң, өндірістік шаң презентация

  44. приснился навоз коровы к чему снится яйцо большое женщине маг таро кроули значение
    как узнать в каком роддоме ты родился если снится много попугаев в клетке

  45. Online-Apotheke für Medikamente in Österreich 1A Pharma León Medikamente ohne Rezept
    in Belgien

  46. молитва о покупке жилья николаю чудотворцу думал обо мне сегодня свежий таро карты таро как выглядят
    фазмофобия
    очистка молитвами 27 минут видео
    снится обручальное кольцо вдове

  47. что такое работа в интернете удаленно как в vk заработать
    рубли строительные работы по фасаду дома заработать 25000 рублей за день

  48. солнце в 10 доме транзит, солнце в 10 доме в близнецах снится покойник в белом платье
    гадание ангелы настоящие
    king of pentacles таро значение в отношениях молитва богу
    от колдовства

Leave A Reply

Your email address will not be published.