Centreville-based defense contractor Parsons Corp. announced late last week that it has completed its acquisition of Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million.
The acquisition was first announced in late October — marking Parsons’ fourth acquisition since October 2018.
BSTG provides services for satellite operations, ground system automation, flight dynamics and spacecraft and antenna simulation for the U.S. Department of Defense and intelligence community. Parsons provides infrastructure, defense and security services to federal, regional and local government agencies and private industrial customers.
