Parsons Corporation has agreed to acquire Altamira Technologies Corporation for up to $375 million, comprising $330 million in upfront cash and an additional $45 million contingent upon meeting performance targets in 2027. Headquartered in McLean, Virginia, Altamira employs over 600 professionals, 90% of whom hold security clearances, and specializes in analytics, signals intelligence and space systems engineering. Parsons expects the acquisition to contribute more than $200 million in revenue in fiscal 2026 and to bolster its national security and intelligence offerings by integrating Altamira’s advanced data processing and mission support capabilities. Following the announcement, Parsons shares declined 1.69% in premarket trading.

Parsons will release its fourth quarter and full-year 2025 financial results before markets open on Wednesday, February 11, 2026, and will provide 2026 guidance during the earnings call. The conference call is scheduled for 8:00 a.m. Eastern Time, followed by a question-and-answer session. Investors can access the live webcast and register for telephone participation via the Investor Relations section of Parsons’ website. A replay will be available approximately two hours after the call and remain accessible for one year.