January 10, 2019 | International, C4ISR
By: Mark Pomerleau
California-based Parsons Corp. announced Jan. 8 it has acquired OGSystems, which provides advanced technologies in geospatial intelligence, big data analytics and threat mitigation.
According to a press release, the move follows “a series of strategic investments” and is the third acquisition by Parsons in the last 14 months. Terms of the deal were not disclosed.
OGSystems' main customers include the National Geospatial-Intelligence Agency, the National Reconnaissance Office, and Special Operations Command. The company's VIPER Labs and Immersive Engineering techniques were the catalysts for deployment of geospatial systems and software, embedded system threat analytics and cloud engineering solutions, the release stated.
“OGSystems will expand our position in critical markets, including space operations, cybersecurity, critical infrastructure, and beyond,” Carey Smith, Parsons' chief operating officer, said. “Parsons' existing artificial intelligence and cloud computing expertise will augment OGSystems' support for customers demanding more efficiency in analyzing overwhelming volumes of geographic imagery and data.”
Parsons' last major acquisition, in May 2018, was Polaris Alpha, which provides innovative mission solutions for complex defense, intelligence, security customers and other U.S. federal government customers.
Parsons noted at the time that its artificial intelligence, signals intelligence and data analytics expertise supporting defensive and offensive cybersecurity missions will be expanded by integrating Polaris Alpha's machine learning, data, video, multi-source analytics and automated reasoning technologies. Moreover, Polaris Alpha's portfolio of electromagnetic warfare, signals intelligence, space situational awareness and multidomain command and control technologies will “significantly increase the scale and scope of Parsons' capabilities and customer relationships.”
“Parsons' strategy is focused on disruptive, differentiated technologies demanded in high-growth, mission-oriented programs in the defense, intelligence, and critical infrastructure sectors,” Chuck Harrington, Parsons' chairman and CEO, said following the acquisition of OGSystems.
“The actionable intelligence that geospatial imagery and data analytics brings to Parsons' portfolio through OGSystems is a game changer. Whether informing our national security customers' mission planning or designing tomorrow's resilient smart city, Parsons now brings deeper intelligence expertise to the challenge.”
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By: Burak Ege Bekdil ANKARA, Turkey — Turkey's defense and aerospace exports stood at $2.3 billion in 2020, marking a 14.8 percent decline in comparison to 2019, official figures have revealed. The Turkish Exporters' Assembly, or TIM in its Turkish acronym, said disruption in production, supply and logistics processes due to restrictions imposed over the coronavirus pandemic caused the fall in exports. In 2020, the defense and aerospace industry accounted for 1.3 percent of Turkey's overall exports. TIM said the top market for Turkish manufacturers in 2020 was the United States, with $784.2 million in sales, or 4 percent less than in 2019. Turkey's staunch political ally in the Caucasus, Azerbaijan, was the second-largest export market, with sales reaching $260.8 million, marking a 194 percent rise from the previous year. Another major market was the United Arab Emirates, a Gulf rival to Turkey in foreign policy. Turkish exports to the UAE were at $200.2 million, up 51 percent from 2019. Locally produced systems meet 70 percent of Turkey's military's requirements, compared to 35 percent in 2002. In that same period, the number of defense procurement programs rose from 66 to more than 700, or from $5.5 billion to $70 billion in contract value. Similarly, defense and aerospace industry turnover went up from less than $1 billion to more than $9 billion, and exports from $248 million to $2.7 billion. In 2020, there were seven Turkish companies on Defense News' list of the top 100 defense companies around the world. The government has declared its defense and aerospace industry exports target as $10.2 billion by 2023. https://www.defensenews.com/global/europe/2021/01/19/turkey-reports-nearly-15-drop-in-defense-exports/