Theia

Article

Parsons Acquires Altamira Technologies for $330M to Enhance ISR Capabilities

DEFENSE

Parsons Corporation has acquired Altamira Technologies Corporation for $330 million to enhance its intelligence, surveillance, and reconnaissance (ISR) capabilities. The acquisition adds around 600 employees and positions Parsons to expand its presence in the intelligence community market, with potential total payments reaching $375 million based on profit targets. Parsons expects Altamira to generate over $200 million in revenue by 2026, aligning with its national security growth strategy.

Parsons Acquires Altamira Technologies for $330M to Enhance ISR Capabilities
Jan 16, 2026, 7:15 PM

No comments yet. Be the first to share your thoughts!