** Shares of cybersecurity firm Parsons Corp down 1.2% at $106.70
** Company to buy BCC Engineering, a Miami-based transportation engineering firm, in an all-cash transaction valued at $230 million
** PSN says this deal will help expand its reach in southeastern United States
** Company says it expects BCC to generate about $110 million of gross revenue and be accretive to Parsons' revenue growth and adjusted EBITDA margins
** The deal is expected to close in the next 30 days
** Up to Friday's close, stock had risen nearly 72% so far this year
(Reporting by Ananya Mariam Rajesh in Bengaluru)
((AnanyaMariam.Rajesh@thomsonreuters.com ; X: ))
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