1. Colorado Springs defense contractor Polaris Alpha to be sold with eye toward faster growth

    Colorado Springs defense contractor Polaris Alpha to be sold with eye toward faster growth

    Colorado Springs-based defense contractor Polaris Alpha will be acquired May 31 by California-based engineering and construction giant Parsons in a deal designed to accelerate Polaris Alpha's growth in cybersecurity, battlefield management, small satellites and other advanced technologies.

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  1. Quotes

    1. Parsons and Polaris Alpha customers, many of which are common to both companies, will benefit from existing complimentary technologies and increased scale, enabling end-to-end solutions under our shared vision of rapid prototyping and agile development.
    2. I am really excited about this. I believe the market is ready for a player that is agile with some scale.
    3. The acquisition of Polaris Alpha is the latest transformative move for Parsons that takes our technology solutions strategy to a new level with customers needing advanced solutions to rapidly-evolving threats.
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