Parsons Acquires Altamira Technologies for $375 Million
Parsons said Jan. 15 it acquired Altamira Technologies for $375 million, paying $330 million in cash at closing and a $45 million earn-out payable in early 2027 if 2026 targets are met. Altamira specializes in signals intelligence, missile-warning and space-focused data analytics using AI/ML to process satellite sensor feeds. The deal expands Parsons' space and intelligence capabilities and is expected to generate over $200 million in Altamira revenue in 2026.
Key Points
- 1Acquires Altamira for $375M, with $330M paid now and $45M earn-out possible 2027
- 2Adds space-focused signals intelligence, missile-warning analytics and AI/ML capabilities to Parsons' portfolio
- 3Enables integration of satellite sensor data with multi-domain ISR, expanding contract opportunities and technical offerings
Scoring Rationale
Official corporate acquisition with strategic space-ISR impact, limited novelty beyond consolidation in defense contracting.
Sources
Public references used for this report.
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