---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-014152"
form_type: "8-K"
ticker: "PSN"
cik: "0000275880"
company_name: "PARSONS CORP"
filed_at: "2026-01-15T23:59:59+00:00"
generated_at: "2026-05-16T10:14:02.608240+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Parsons acquires Altamira Technologies for up to $375M in cash

## Summary
- Base purchase price $330M cash at close; $45M earn-out in Q1 2027 if 2026 EBITDA targets met.
- Altamira expected to generate over $200M revenue in 2026; deal accretive to PSN's 2026 revenue growth, adj. EBITDA margin, and adj. EPS.
- Base purchase price implies 12.8x multiple on anticipated 2026 EBITDA before synergies.
- Altamira adds >600 employees (>90% cleared) in SIGINT, cyber, space, and missile warning for U.S. Department of War and IC.
- Transaction closed on Jan 15, 2026; Altamira will align to Parsons' Defense & Intelligence business unit.

## SEC filing metadata
- accession: 0001193125-26-014152
- form_type: 8-K
- ticker: PSN
- cik: 0000275880
- company_name: PARSONS CORP
- filed_at: 2026-01-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/275880/000119312526014152/0001193125-26-014152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/275880/000119312526014152/psn-20260115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-014152
- JSON: https://secwatch.observer/filing/0001193125-26-014152.json
- Plain text: https://secwatch.observer/filing/0001193125-26-014152.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.