Parsons Expands Technology Portfolio with Chesapeake Technologies Acquisition
July 2, 2025 - 01:01
Parsons has announced its acquisition of Chesapeake Technologies Inc. (CTI) in a significant transaction valued at $89 million. This strategic move is aimed at enhancing Parsons' capabilities in the electromagnetic spectrum, an area CTI refers to as the "invisible battlefield."
The acquisition is expected to bolster Parsons' existing technological offerings, allowing the company to better serve its clients in defense and intelligence sectors. CTI specializes in providing advanced technologies and analytical services that support operations in electromagnetic spectrum management. With this acquisition, Parsons aims to integrate CTI’s innovative solutions into its broader portfolio, thereby strengthening its position in a competitive market.
Industry experts believe that this acquisition will not only enhance Parsons' technological capabilities but also expand its reach within the defense sector. As the demand for advanced electromagnetic spectrum solutions continues to grow, Parsons is well-positioned to leverage CTI’s expertise to meet the evolving needs of its clients.
MORE NEWS
June 18, 2026 - 07:14
Nashville Councilman Proposes New Tech to Tackle Noise ComplaintsA Metro councilmember is pushing for technology he says would help control loud noise from cars and late-night bars. The proposal aims to clarify existing noise ordinances while introducing...
June 17, 2026 - 19:41
Sensor for Seniors: Fixing a hidden flaw in wearable technology could improve prosthetics, rehabilitationSkin-interfaced wearable health technology has a hidden flaw that limits its effectiveness. Many of these systems work best on smooth, firm skin, which is more common on younger bodies. That is a...
June 17, 2026 - 12:30
xFact Acquires Stonewall To Expand Public Sector Technology PlatformxFact has completed the acquisition of Stonewall Solutions, a company that builds custom technology for state and local governments. Stonewall operates out of Massachusetts and Rhode Island, and...
June 16, 2026 - 23:18
Fleetzero unveils autonomy technology suiteFleetzero, based in Houston, has moved beyond its core focus on electric propulsion and energy storage systems. The company announced the commercial release of a new autonomy technology suite...