categorieshighlightstalkshistorystories
home pageconnectwho we aresupport

Parsons Expands Technology Portfolio with Chesapeake Technologies Acquisition

July 2, 2025 - 01:01

Parsons Expands Technology Portfolio with Chesapeake Technologies Acquisition

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

Delaware’s Top STEM Students Excel at National Technology Conference

July 8, 2025 - 08:38

Delaware’s Top STEM Students Excel at National Technology Conference

Delaware’s top STEM students returned home with national accolades after competing in the 2025 National Technology Student Association (TSA) conference held in Nashville. The event showcased the...

Gelson’s Markets Enhances Store Operations Through Technology Partnership

July 7, 2025 - 21:24

Gelson’s Markets Enhances Store Operations Through Technology Partnership

Gelson’s Markets is embracing a data-driven transformation in store operations by partnering with Upshop`s platforms. This strategic collaboration aims to streamline the shopping experience and...

SkyDrive Secures ¥8.3 Billion in Pre-Series D Funding for eVTOL Development

July 7, 2025 - 07:50

SkyDrive Secures ¥8.3 Billion in Pre-Series D Funding for eVTOL Development

SkyDrive, a prominent manufacturer of electric vertical takeoff and landing (eVTOL) aircraft based in Japan, has successfully raised ¥8.3 billion in a Pre-Series D funding round. This significant...

Decentralized AI Framework Receives Prestigious Award at 2025 Globee® Awards

July 6, 2025 - 21:39

Decentralized AI Framework Receives Prestigious Award at 2025 Globee® Awards

Dubai, United Arab Emirates, July 1st, 2025 – A groundbreaking decentralized AI framework has been recognized as the `Technology Startup of the Year` at the esteemed 2025 Globee® Awards. This...

read all news
categorieshighlightstalkshistorystories

Copyright © 2025 WiredLabz.com

Founded by: Kira Sanders

home pageconnectwho we arerecommendationssupport
cookie settingsprivacyterms