mantech international
mantech' s network operations center in chantilly. (courtesy of mantech international )
besides private sector mantech international have strong association with public sector organizations. mantech international has concluded a number of contracts with the assistance of its foreign trade partners. mantech international represents a number of local and foreign manufacturers and their authorized representatives .
commit to purchase mantech international at $ 25, earn 6. 5% annualized
mantech international (mant) in focus: stock moves 6. 9% higher
see what the ihs markit score report has to say about mantech international corp .
mantech international corporation lynn davis, 703 - 259 - 3636 lynn. davis @ urltoken
mantech awarded $ 34 million task order for engineering support to spawarsyscen atlantic and u. s. naval observatory (usno) | mantech international corporation
mantech awarded $ 24 million contract for multi - sensor data aggregation analysis support to u. s. customs and border protection | mantech international corporation
acquisitions were a way to leapfrog forward into new areas ,
said george pedersen, mantech international corp .
mantech international corporation is looking for a training developer to support our client from a remote location... .
mantech international corporation is seeking a qualified candidate to become a data management support specialist supporting a federal agency... .
mantech international corp. is' actively looking’ for acquisition targets. but when will it make the big one? - washington business journal
mantech international seeks qualified candidates for a windows systems administrator – mid position to support a large federal agency program critical to our ...
being an independent foreign trade sourcing company, mantech international is able to offer multiple options / brands to its customers giving them freedom to pick and choose. nevertheless, mantech international feels its prime responsibility to ensure and guarantee quality product at a reasonable price and delivery in time .
mantech international (mant) was a big mover last session, as the company saw its shares rise nearly 7% on the day .
mantech international (mant) in focus: stock moves 6. 9% higher 7 / 9 / 2018 8: 44: 00 am - urltoken
international sites: australia canada china france germany hong kong italy the netherlands norway spain u. k. switzerland
mantech international seeks qualified candidates for a dev / ops engineer position supporting a large. federal program critical to our nation' s safety... .
mantech international inc. hasn’t followed in the footsteps of leidos or caci in making a major transformational acquisition, but it also isn’t sitting on its hands .
mantech: gsa last summer awarded two contracts with a potential total value of $ 110 million to mantech international on behalf of dhs. tasks will include continuous diagnostic monitoring for cybersecurity purposes and protecting cloud operations .
consolidated research: 2018 summary expectations for mantech international, rapid7, global blood therapeutics, consol coal resources lp, ryanair, and yandex n. v. — fundamental analysis, key performance indications
when defense spending drew down during the latter half of president barack obama ’s administration, few companies were hit as hard as fairfax - based mantech international corp. (nasdaq: mant) .
following a series of difficult years, solution provider mantech international is finding traction again with the federal government’s commitment to spend more, especially to combat an increased cybersecurity threat, its ceo said wednesday .
today i will be providing a simple run through of a valuation method used to estimate the attractiveness of mantech international corporation (nasdaq: mant) as an investment opportunity by taking theread more ...
us government it services firm mantech international has bought hbgary, the network forensics and malware analysis firm best known for last year' s hack by anonymous against its now - defunct sister firm, hbgary federal .
black box ceo joel trammell talks with crn about securing the deal and how the solution provider is able to differentiate itself with its national and international scale .
fairfax - based mantech international corp. (nasdaq: mant) has long been one of the smaller players in the market in a government services industry that only continues to see the big get bigger through mergers and acquisitions .
herndon, va. , june 25, 2018 - - mantech international corporation will issue its second quarter fiscal year 2018 earnings press release after close of market wednesday, august 1, 2018. management will discuss ...
overview mantech international corporation delivers a broad array of information technology and technical services solutions to u. s. federal government customers, focusing primarily on critical national defense programs for the intelligence community and department of defense. we design ,
fairfax, va. , june 13, 2016 (globe newswire) - - mantech international corporation (nasdaq: mant) has acquired oceans edge, inc.' s cyber business, a leading provider of cyber network operations (cno) solutions. mantech funded the acquisition from cash on hand .
mantech has established a strong reputation as a leader in the cyber market based on proven performance ,
said george pedersen, chief executive officer of mantech international corporation .
we look forward to developing next generation capabilities for advanced cyber operations and analytics that will protect our customers from emerging threats .
investors who want to cash in on mantech international corporation’s (nasdaq: mant) upcoming dividend of $ 0. 25 per share have only 3 days left to buy the shares before its ex - dividend date, read more ...
mantech international is a successful foreign trade sourcing company located in karachi, pakistan near mohammad bin qasim port and port qasim industrial area. starting a foreign trade sourcing business that could offer a good range of products was our prime objective. creating good relationships with customers and suppliers was another most important aim. because mantech international works with the prime objective of always giving customers and suppliers maximum satisfaction, the company has, since its establishment in 1999, built up a unique system of creating long - term relationships. this combination of business friendly approach, cordial relations at home and abroad, speed, availability and accessibility has won the company a good and stable reputation in the local and international market place. this is something we are very proud of !
mantech opens new north charleston logistics facility supporting u. s. army’s mrap program
mantech engineers and technicians have assisted nasa in several hubble space telescope servicing missions .
fairfax, va. , april 28, 2015 (globe newswire) - - mantech international corporation (nasdaq: mant) has completed the acquisition of welkin associates, ltd. , formerly a wholly - owned subsidiary of csc, for $ 34 million. mantech will fund the acquisition from cash on hand. the company expects welkin to contribute solid growth and operating margins and to be accretive to mantech' s earnings per share in 2015 .
when george pedersen founded mantech international corp. in 1968 with then - partner and mathematician franc wertheimer, he admits that his goals and expectations were modest. the fairfax, va. , company started with a single navy contract to build sophisticated war - gaming models for the submarine community .
meanwhile, business for mantech’s mission and services group, according to mantech’s president and coo, daniel keefe, is continuing to grow through the leveraging of mantech’s “increasing technical solution capabilities” around big data analytics, predictive modeling, cloud deployment and enterprise it .
tags aircraft management information system booz allen hamilton cimarron software services featured flight operations directorate govcon idiq contract it johnson space center joint operations and integrated systems technology joist nasa rothe development saic science applications international corp. tietronix software
herndon, va. , june 25, 2018 (globe newswire) - - mantech international corporation (nasdaq: mant) will issue its second quarter fiscal year 2018 earnings press release after close of market wednesday, august 1, 2018. management will discuss financial results in a conference call beginning at 5
north charleston, s. c. , may 30, 2018 (globe newswire) - - at a grand opening ceremony to be attended by local government leaders, mantech international corporation (nasdaq: mant) today expands its presence in south carolina with a new logistics center supporting the u. s .
herndon, va. , march 26, 2018 (globe newswire) - - mantech international corporation (nasdaq: mant) will issue its first quarter fiscal year 2018 earnings press release after close of market wednesday, may 2, 2018. management will discuss financial results in a conference call beginning at 5
fairfax, va. , june 16, 2015 (globe newswire) - - mantech international corporation (nasdaq: mant) has completed the acquisition of knowledge consulting group (kcg), a rapidly growing cyber security advisor in both the public and private sectors focused on anticipating threats and implementing defensive countermeasures. mantech will fund the acquisition from cash on hand with additional funding from its existing line of credit .
herndon, va. , dec. 19, 2016 (globe newswire) - - mantech international corporation (nasdaq: mant) has acquired edaptive systems llc, a leading provider of innovative it solutions primarily to federal health agencies, with a significant focus on the centers for medicare & medicaid services (cms). mantech funded the acquisition from cash on hand. the acquisition will be slightly accretive to 2017 financial results .
nasa said tuesday it awarded the joint operations and integrated systems technology contracts to science applications international corp. (nyse: saic), booz allen hamilton (nyse: bah), cimarron software services, rothe development and tietronix software .
mantech is' actively looking’ for acquisition targets. but when will it make the big one ?
mantech international provides technologies and solutions for national security programs for the intelligence community; the departments of defense, state, homeland security, health and human services, veterans affairs and justice, including the fbi; the space community; and other u. s. government customers. co.' s solutions and services include: cybersecurity; software and systems development; enterprise it; multi - disciplined intelligence; command, control, communications, computers, intelligence, surveillance and reconnaissance; program protection and mission assurance; systems engineering; supply chain management and logistics; test and evaluation; training; and management consulting. according to our mant split history records, mantech international has had 0 splits .
historical dividend payout and yield for mantech (mant) since 2013. the current ttm dividend payout for mantech (mant) as of july 06, 2018 is $ 1. 00. the current dividend yield for mantech (mant) as of july 06, 2018 is 1. 70% .
education & training mantech university provides the most diverse continuing professional and technical education programs in the industry .
navy awards mantech $ 82 million contract for c4i integration in u. s. marine corps combat vehicles
chief financial officer kevin phillips added to those remarks and echoed the fact that mantech is “active. ”
mantech will give hbgary significant and positive growth, expanding our opportunities. hbgary' s commercial customers will benefit from the addition of mantech' s world - class incident response services, and mantech' s government business will be bolstered with a cutting edge set of products to protect mission - critical it assets .
mantech nasa nest hiring event - securing the future! thursday, july 19, 2018... .
“what you’re seeing — i certainly hope what you’re seeing — is just the beginning of a really nice resurgence in mantech’s capabilities, ” said bill varner, president of mantech’s mission, cyber and intelligence solutions group .
fairfax, va. , may 27, 2014 (globe newswire) - - mantech international corporation (nasdaq: mant) has completed the acquisition of 7delta, inc. , a progressive company performing applications and software development, program management, systems integration, information assurance, and security architecture services primarily within the healthcare community at the department of veterans affairs (va) .
mantech commercial services has an innovation focus. we bring together resources across the corporation to support your specific needs .
mantech is a cyber leader, and the acquisition of kcg fits with our strategy of expanding into the growing cyber services and homeland security markets ,
said mantech chairman and chief executive officer george j. pedersen .
we are excited to add kcg' s talented people, trusted capabilities, and important customers to mantech .
for the first quarter, mantech recorded growth in both revenue and net income over the same period last year .
fairfax, va. , june 09, 2016 (globe newswire) - - the space and naval warfare systems center (spawarsyscen) atlantic has awarded mantech international corporation (nasdaq: mant) a task order to provide engineering support on behalf of the u. s. naval observatory (usno). the cost - plus - fixed - fee task order has a 12 - month base period of performance and two 12 - month option periods, with a potential total value to mantech of $ 34 million .
looking at the mant split history from start to finish, an original position size of 1000 shares would have turned into 1000 today. below, we examine the compound annual growth rate — cagr for short — of an investment into mantech international shares, starting with a $ 10, 000 purchase of mant, presented on a split - history - adjusted basis factoring in the complete mant split history .
herndon, va. , sept. 18, 2017 (globe newswire) - - mantech international corporation (nasdaq: mant) announced today that it has signed a definitive agreement to acquire infozen for $ 180 million in cash. infozen is a leading it solutions provider with domain expertise in modernization, agile / devops software development, cloud migration, and threat monitoring and assessment capabilities in support of critical national and homeland security missions. mantech currently has no debt and will fund the acquisition from cash on hand with additional funding from its existing line of credit. mantech expects the acquisition to be slightly accretive to its earnings per share in 2017 .
in the early 1980s, for example, mantech overcame a long unsuccessful run of trying to break into the intelligence community by acquiring for $ 1. 25 million a small company from raytheon co. the move gave mantech four contracts with intelligence agencies and top - secret status. in 1988, mantech acquired northrop services, bringing in new space and environmental business .
“this acquisition is consistent with mantech’s long - term strategy to expand our presence in the federal civilian market and enhance our capabilities in it modernization, ” said mantech’s chairman and chief executive officer, george j. pedersen. “the combination will substantially increase mantech’s already strong footprint at dhs, making it one of the largest providers of it services across the department. ”
fairfax, va. , june 07, 2016 (globe newswire) - - the missile defense agency (mda) has awarded mantech international corporation (nasdaq: mant) a contract to provide technical, engineering, advisory, and management support and counterintelligence advisory and assistance services. this cost - plus - fixed - fee contract has two base years and three 1 - year options with a value of approximately $ 32 million .
our emerging mantech commercial services business unit leverages its relationship with global technology leader sap, hadoop, and others, along with mantech' s core capabilities and industry expertise in supply chain, big data, and security services for our commercial customers .
mantech awarded $ 34 million task order for engineering support to spawarsyscen atlantic and u. s. naval observatory (usno )
mantech awarded $ 24 million contract for multi - sensor data aggregation analysis support to u. s. customs and border protection
advanced concepts and technologies international: the company last month received a contract to provide cyberacquisition support services to the dhs national protection and programs directorate, office of cybersecurity and communications, over a period of four years. valued at $ 21 million, the contract was facilitated through the gsa oasis small business pool .
the acquisition improves mantech' s position to pursue opportunities throughout the federal health community. the acquisition brings over 250 highly skilled employees. edaptive systems becomes a part of mantech' s mission solutions & services group, led by daniel j. keefe .
mantech is currently seeking an experienced subject matter expert / mgue tester for our growing programs in charleston, sc... .
always important when discussing dividends is the fact that, in general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. in the case of mantech international corp, looking at the dividend history chart for mant below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0. 7% annualized dividend yield .
we believe that the major competitive factors in our market are distinctive technical competencies, security clearances, price of services, successful past contract performance, reputation for quality and key management with domain expertise. our key competitors currently include divisions of large defense contractors, such as bae systems, plc, lockheed martin corporation, northrop grumman corporation, raytheon company and trw inc. , as well as information technology service companies, such as affiliated computer systems, inc. , booz allen & hamilton, caci international, inc. , computer sciences corporation, dyncorp, electronic data systems corporation, science applications international corporation, titan corporation and veridian corporation .
herndon, va. , nov. 17, 2016 (globe newswire) - - the national geospatial - intelligence agency (nga) has awarded mantech international corporation (nasdaq: mant) a contract to provide information technology enterprise management services (items) and enterprise management / cyber security services (em / css). the firm - fixed - price contract has 1 base year and 4 option years, with a potential value of $ 322 million .
we are pleased to welcome the extraordinary people of welkin to the mantech family ,
said mantech chairman and chief executive officer george j. pedersen .
this acquisition is consistent with mantech' s strategy to expand and strengthen our presence in high - end intelligence markets. mantech is a solution and mission - driven organization that will benefit greatly from welkin' s market - leading capabilities and focus on developing new ways to help our customers solve people, process, and technology challenges in space and intelligence community markets .
marine corps awards mantech $ 22. 5 million contract for engineering, acquisition support and full life - cycle maintenance services of tactical vehicles
mantech' s expertise in full life cycle it solutions and it modernization to play major role in $ 17. 5 billion procurement program
that agreement allows mantech’s federal customers to fully fund programs and initiatives around services and technology in cybersecurity, communications, intelligence and surveillance .
worth considering, is that the annualized 6. 5% figure actually exceeds the 0. 7% annualized dividend paid by mantech international corp by 5. 8% , based on the current share price of $ 28. 39. and yet, if an investor was to buy the stock at the going market price in order to collect the dividend, there is greater downside because the stock would have to lose 12% to reach the $ 25 strike price .
several key strategies and decisions kept mantech' s revenue from suffering when the cold war ended and defense budgets dried up, pedersen said .
mantech mission & solutions group established itself as an industry leader in worldwide technology support providing support to the u. s... .
by throwing its lot in with mantech, hb gary is trying to achieve the same ends via a different, less risky, route. ®
responds to request for logistics statistical data from mantech program management office and government poc. responsible for a high volume of requisitioning of ...
mantech is an equal opportunity employer. researches, plans, designs and develops new applications for electro - mechanical equipment and systems... .
whether mantech makes a play for scale sometime soon or not, one thing is clear: the company does plan on making acquisitions. bill varner, president of the company’s mission, cyber & intelligence solutions group, said mantech is scoping out more cyber companies like kcg and oceans edge .
with that rosier outlook, mantech is looking to grow, and has found success in new it services, as well as its cybersecurity capabilities .
revenue for mantech, based in fairfax, va. , had plunged close to 50 percent between 2011 and 2015 as the united states began to draw down its military presence in afghanistan, lowering demand for mantech’s global logistics, cybersecurity and systems engineering services, as well as other military offerings .
the acquisition strategically positions mantech to pursue large engineering and support opportunities throughout the intelligence community and dod. the acquisition brings highly skilled employees, virtually all directly supporting intelligence missions. welkin will become part of mantech' s mission, cyber & intelligence solutions group, led by l. william varner .
it' s an honor and privilege for mantech to continue its longstanding relationship with the headquarters marine corps intelligence department and its vital role in ensuring our nation' s security ,
said daniel j. keefe, president and chief operating officer of mantech' s mission solutions & services group .
we are excited to welcome edaptive systems' talented employees, trusted capabilities and important customers to the mantech family ,
said mantech chairman and chief executive officer george j. pedersen .
this acquisition is consistent with mantech' s strategy to expand and strengthen our presence within the federal and civilian health markets, with our primary objectives of improving the quality of information available to all clinicians and the quality of care for those in need .
access the mantech intranet to collaborate with fellow team members, review policies & procedures, join a community of practice, or update your project status .
the fbi contract was an example of mantech emerging as the winner against a much larger competitor. prior to this most recent contract award, the fbi cjis program was handled by two contractors in the preceding five years — mantech and what is now known as csra inc. (nyse: csra). for this contract, the fbi consolidated the work into one larger program that mantech ultimately wrestled away from csra — a $ 5 billion company .
providing comprehensive engineering support across all the usno sites in partnership with spawarsyscen atlantic is a privilege for mantech, expanding our presence and capabilities in support of the navy' s mission ,
said daniel j. keefe, president and chief operating officer of mantech' s mission solutions & services group .
mantech has also begun chasing fewer, larger awards as opposed to a higher quantity of smaller opportunities. this often pits the company up against industry heavyweights .
however, pedersen said he wants to lean toward adding a company that will open the door to a “higher demand market, ” giving mantech increased capabilities .
mantech has lots of opportunities for people who want to apply their skills to two of the most important and exciting challenges we face today—health care and space exploration .
mantech is seeking a full - time public outreach specialist to serve on a multi - disciplinary team in support of dod and navy environmental communication, ...
mantech has the pristine balance sheet to do so, but varner said the company isn’t too focused on making a purchase just for the sake of more scale .
wall street responded positively on thursday, as mantech stock rose more than 10 percent thursday on the nasdaq exchange to close at $ 36. 27 a share .
we welcome the employees and customers of 7delta to mantech ,
said mantech chairman and chief executive officer george j. pedersen .
this acquisition significantly enhances our healthcare presence, giving us access to a growing market at va. we are now one of the leading providers of federal healthcare it solutions and services .
mantech said the acquisition would bolster its expansion into the cyber - security market. in a statement, hbgary ceo greg hoglund put a positive spin on the sale .
herndon, va. , aug. 23, 2016 (globe newswire) - - the department of homeland security (dhs) has awarded mantech international corporation (nasdaq: mant) a prime contract to develop a joint service - oriented architecture prototype integrating operational data for real - time situational awareness to enhance border security. work will be performed in various locations across the united states and at the u. s. customs and border protection headquarters in washington, d. c. , with an estimated completion date of march 10, 2019. the cost - plus - fixed - fee task order has a 12 - month base period of performance and two 12 - month option periods, with a potential total value to mantech of $ 24 million .
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pedersen said the growth also resulted in a cash backlog that mantech is looking to use on acquisitions. there are several potential targets he said the company sees as promising .
the chart above, and the stock' s historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the february 2014 put at the $ 25 strike for the 6. 5% annualized rate of return represents good reward for the risks. we calculate the trailing twelve month volatility for mantech international corp (considering the last 249 trading day closing values as well as today' s price of $ 28. 39) to be 27% . for other put options contract ideas at the various different available expirations, visit the mant stock options page of stockoptionschannel. com .
mantech' s commercial services unit leverages its relationship with global technology leaders sap and hadoop and borrows from mantech' s core capabilities and industry experience to support customer needs in supply chain, big data, and managed services for our commercial customers. we draw from more than 46 years of advanced technology expertise in the federal market to meet commercial challenges .
mantech is pleased to continue its long - standing relationship with the u. s. customs and border protection through exploration and demonstration of new and innovative solutions for intelligence - driven approaches to securing the border and areas of operation ,
said daniel j. keefe, president and chief operating officer of mantech' s mission solutions & services group .
our focus is to attract and hire outstanding talent who share our commitment to national security. mantech’s nearly 8, 000 employees make up some of the nation’s most skilled cyber workforce in the industry. explore careers and find out why mantech is known for being an employer of choice from education, training and benefits to exciting opportunities to serve our nation .
on the call, mantech executives didn’t rule out the possibility of going bigger on their purchases, but they also stressed that making that kind of acquisition can be a challenge .
investors eyeing a purchase of mantech international corp (nasd: mant) stock, but tentative about paying the going market price of $ 28. 39 / share, might benefit from considering selling puts among the alternative strategies at their disposal. one interesting put contract in particular, is the february 2014 put at the $ 25 strike, which has a bid at the time of this writing of 90 cents. collecting that bid as the premium represents a 3. 6% return against the $ 25 commitment, or a 6. 5% annualized rate of return (at stock options channel we call this the yieldboost) .
another key moment came in the year before the sept. 11 terrorist attacks. pedersen took 71 of his key executives off - site for a summit on mantech' s future .
as executives for the fairfax - based company pointed out on a second - quarter earnings call wednesday, mantech is
actively reviewing several promising candidates, ” ceo george pedersen said .
the items em / css award is mantech' s first large, prime contract with the nga ,
said l. william varner, president of mantech' s mission, cyber & intelligence solutions (mcis) group .
we look forward to implementing our proven cyber security and enterprise it management solutions to support the nga' s national security efforts .
welkin looks forward to joining mantech to leverage its spectrum of solutions for existing and new customers ,
said al smith, vice president and general manager of welkin associates .
we are a natural fit with mantech and its intelligence community focus and commitment to mission. we look forward to a seamless transition of our existing work and aggressive pursuit of new opportunities .
mantech (mant) today announced a successful ransomware defense exercise for financial sector participants within its advanced cyber range environment (acre). participants included 22 cybersecurity staff from 18 financial institutions, brought together by the financial services information sharing and analysis center (fs - isac). mantech acre improves cyber defenses by training cyber professionals in real - time tactical response to cyberattacks .
by focusing on emerging requirements in these areas, keefe said, mantech was able to win contracts that give the company greater potential for organic growth over the rest of this fiscal year .
with it support and services in high demand across mantech’s client base, pedersen believes a separate budget resolution will be passed in october that will lead to continued growth potential for the company .
raj ananthanpillai, chief executive officer, infozen said, “we are proud to become a part of a company like mantech. combining with mantech allows infozen to offer broader solutions to our national security customer base and expand our it modernization capabilities reach across the government. additionally, our mission - focused cultures are well aligned and our employees will benefit from expanded professional development opportunities. ”
mantech eventually will grow into a $ 5 billion company, pedersen said, but
it' s not the number that will be important, but what we' ll be doing .
kcg looks forward to integrating seamlessly with mantech to create the premiere provider of cyber defense solutions across federal and commercial customers ,
said dusty wince, founder and chief executive officer of kcg .
kcg' s business leaders and i are all excited by the opportunity to leverage the resources of kcg and mantech to expand our services to current customers and aggressively pursue new opportunities .
mantech will provide the mda with advisory and assistance services support to counter or neutralize intelligence - collection efforts directed against the mda, its personnel, information, material, facilities, and activities worldwide .
mantech has exciting opportunities for highly skilled and experienced personnel to work in several locations around the kingdom of saudi arabia to deliver systems, equipment, and training support for the royal saudi air force .
when federal managers and military leaders face tough challenges in cyber, data collection & analytics, enterprise it or systems and software engineering, they turn to mantech to get the job done right. ​​​​
president obama’s $ 19 billion cybersecurity action plan is a “key part” of his fiscal year 2017 budget request, and a significant indicator of cyber' s importance for companies such as mantech, varner said .
7delta becomes a part of mantech' s mission solutions & services group, led by daniel j. keefe. mr. keefe said ,
7delta' s innovative technology management solutions and capabilities fit well with our existing healthcare it business. with strong capability and presence across the entire spectrum of federal healthcare, mantech is well positioned to modernize and integrate the electronic health record systems across the federal government .
mantech (mant) today announced the appointment of matt tait as president of the company’s mission solutions & services (mss) group, reporting to president and ceo kevin phillips. in this role, tait will lead the company’s mission - critical support to national security and federal civilian departments and agencies, delivering a broad range of digital services that enables mantech to simultaneously scale rapidly and provide unmatched support to our customers .
william varner, president of mantech’s cyber and intelligence solutions group, said the company is also focusing on capturing potential new business, coming from a push by the obama administration to bolster federal defenses against cybersecurity .
our mission solutions & services (mss) group provides mantech' s core business support to the departments of defense and state, delivering global logistics, c4isr, test and evaluation, and information technology solutions worldwide .
herndon, va. , july 09, 2018 - - mantech today announced four new task order contracts awarded by the defense advanced research projects agency strategic technologies office. the four new task order contracts ...
new york, june 04, 2018 - - in new independent research reports released early this morning, fundamental markets released its latest key findings for all current investors, traders, and shareholders of mantech ...
the acquisition of kcg brings more than 200 cyber security professionals to mantech' s mission, cyber and intelligence solutions group, led by l. william varner. the acquisition will be slightly accretive to 2015 financial results .
mantech focuses on national security agencies, offering services from cybersecurity to systems engineering to general technical support. the company is seeking to reenter the commercial market, having moved out of the sector when it went public in 2002. in particular, the company wants to provide cybersecurity services to financial institutions. mantech acquired several companies in 2011, including cybersecurity firms worldwide information network systems, based in seabrook, and trantech, based in alexandria .
this is despite the company’s relatively small size. at about $ 1. 6 billion, mantech is one of the smaller public companies in the government services company, dwarfed many times over by some of its competitors .
mantech said it took in $ 391 million for the quarter, representing an increase of 5. 5 percent, and net income of $ 13. 2 million, up nearly 12. 5 percent from last year .
headquartered in reston, va ,
oceans edge cyber
will add additional vulnerability research, development, and analysis capabilities to mantech' s existing cyber intelligence business. together, we are well positioned to provide advanced cno capabilities with sophisticated intelligence and analytics. this acquisition will increase mantech' s significant presence in this highly sought after segment of the u. s. government cyber solutions market to include service components of u. s. cyber command .
financial terms of the deal, announced monday, were not disclosed other than to say it was an
asset purchase
( a distinction that means mantech avoids taking on any of hbgary' s liabilities, legal or financial) .
selling a put does not give an investor access to mant' s upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. and the person on the other side of the contract would only benefit from exercising at the $ 25 strike if doing so produced a better outcome than selling at the going market price. (do options carry counterparty risk? this and six other common options myths debunked). so unless mantech international corp sees its shares decline 12% and the contract is exercised (resulting in a cost basis of $ 24. 10 per share before broker commissions, subtracting the 90 cents from $ 25), the only upside to the put seller is from collecting that premium for the 6. 5% annualized rate of return .
we are proud to help keep our nation safe and help our government provide critical services. we do so by adhering to the simple, no - nonsense values on which mantech was founded five decades ago. mantech has always been a customer - driven company, and our approximately 7, 000 employees span the globe. we fully dedicate ourselves to our customers' missions and act as a trusted partner helping our customers stay ahead of technology, gain efficiencies, and cut costs .
the acquisition of oceans edge cyber brings highly - qualified cyber security professionals to mantech' s mission, cyber and intelligence solutions (mcis) group, led by l. william varner. the acquisition will be slightly accretive to 2016 financial results .
but if 2016 is any indication, it could be that the once - struggling mantech is preparing for a turnaround. in the last year, revenue grew 3. 3 percent to $ 1. 6 billion, the first increase in four years .
mantech has many opportunities to support diplomatic security in the protection of people, property, and information through security technology efforts and provide a safe and secure environment for the conduct of u. s. foreign policy. all positions require a current top secret security clearance .
“hands on” cyber range exercise on replicated bank network trains financial cyber experts in tactical response to ransomware herndon, va. , may 29, 2018 (globe newswire) - - mantech (nasdaq: mant) today announced a successful ransomware defense exercise for financial sector participants within its
mantech’s small size and pristine balance sheet have fueled speculation that the company is going to soon be in the market for a major acquisition that propels it into the ranks of the larger names. however, ceo george pedersen has stubbornly clung to the mantra of not buying revenue .
the forward - looking statements included herein are only made as of the date of this press release, and mantech undertakes no obligation to publicly update any of the forward - looking statements made herein, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise .
he learned quickly how to think bigger. over the next 38 years, the staten island, n. y. , native' s business acumen, work ethic and uncanny ability to reinvent his company' s culture and offerings helped mantech to grow into one of the nation' s leading and most reliable defense and intelligence contractors. today, mantech earns more than $ 1 billion in annual revenue, has 6, 000 employees in 40 countries and, having gone public in 2002, is well - positioned to be a major player in the continuing consolidation of the government technology services industry .
herndon, va. , april 11, 2018 (globe newswire) - - mantech (nasdaq: mant) today announced a $ 22. 5 million contract for vehicle maintenance and support services for engineering, acquisition and life - cycle sustainment of united states marine corps (usmc) tactical vehicles .
as i have written before, mantech is steadfast on its acquisition strategy — it will not buy sales for the sake of sales. this is despite being one of the smaller players in the industry at $ 1. 6 billion in annual revenue while still having the ability to finance something big .
the nga is responsible for providing geospatial intelligence products and services that decision - makers, warfighters, and first responders need, when they need it most. mantech will provide technical experts and thought leadership facilitating large - scale enterprise it management and cyber security services that support the nga' s critical mission .
“we are pleased to welcome infozen’s talented employees, differentiated capabilities and important customers, ” said mantech’s president and chief operating officer, kevin m. phillips. “we are confident this strategic combination will help us better meet our clients' mission - critical needs, strengthen our enterprise and mission it offerings and provide continued growth. ”
the transaction vehicle was a government - wide acquisition contract through gsa' s alliant program. mantech last fall received a contract from the national geospatial - intelligence agency, which carried a potential value of $ 322 million over five years. the award included the provision of it enterprise management services and enterprise cybersecurity services to nga .
mantech (nasdaq: mant) has made several recent acquisitions. in april 2015, the company bought welkin associates ltd. , and followed with the acquistion of knowledge consulting group in june 2015. last month, it bought the cyber division of oceans edge inc. the company has made 25 acquisitions since going public in 2002 .
one analyst narrowed his definition of a larger acquisition, putting the price tag between the range of $ 50 million and $ 200 million. phillips said
there’s a lot of businesses out there at mid - range to smaller scale that we have interest in, ” though maintained that it would have to fit with mantech’s strategy .
herndon, va. , july 09, 2018 (globe newswire) - - mantech (nasdaq: mant) today announced four new task order contracts awarded by the defense advanced research projects agency (darpa) strategic technologies office. the four new task order contracts have a total value of $ 60 million, and are part of a
if there is an acquisition in the future, it would be something that either increases our capabilities, gives us new technologies, gives us insight into new customers — possibly a new geographic location if that turns out to be important — but you’ll see something that’s very strongly synergistic with the existing mantech capabilities, ” varner said .
the company' s dramatic evolution has been spurred on by pedersen' s well - known enthusiasm for it and the government it industry. he likes to refer to his leadership role at mantech as both his job and his hobby. he has spent most of his career working nights and weekends to ensure his company' s ongoing success .
herndon, va. , june 12, 2018 (globe newswire) - - mantech (nasdaq: mant) today announced the appointment of matt tait as president of the company’s mission solutions & amp; services (mss) group, reporting to president and ceo kevin phillips. in this role, tait will lead the company’s mission - critical
herndon, va. , april 11, 2018 (globe newswire) - - mantech (nasdaq: mant) today announced an $ 82 million win with the u. s. navy’s space and naval warfare systems center (spawarsyscen) atlantic to augment command, control, communications, computer and intelligence (c4i) capabilities of u. s .
edaptive systems' partner frank blair added ,
edaptive is proud to become part of mantech, which has a strong record of delivering innovative solutions to solve our customers' most pressing challenges. our healthcare customers and most importantly the clinicians on the front line will benefit from the combined capabilities and our employees will benefit from expanded professional development opportunities .
mantech was founded in 1968 to provide advanced technological services to the united states government. we began with a single contract with the u. s. navy to develop war - gaming models for the submarine community. over the years, our government' s technology needs have increased dramatically in scope and sophistication, and we have grown to meet that challenge .
however, after mantech - - no. 24 on crn' s solution provider 500 list - - announced its third - quarter 2015 results, pedersen said the company was ready to take on a more stable market following a two - year budget resolution between congress and the white house that raised federal spending $ 80 billion and lifted a ceiling on borrowing .
statements and assumptions made in this press release, which do not address historical facts, constitute
forward - looking
statements that mantech believes to be within the definition in the private securities litigation reform act of 1995 and involve risks and uncertainties, many of which are outside of our control. these forward - looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. factors that could cause actual results to differ materially from the results we anticipate include, but are not limited to, the following: failure to obtain option awards, task orders, or funding under contracts; failure to realize the full amount of our backlog; or renegotiation, modification, or termination of our contracts; or failure to perform in conformity with contract terms or our expectations. these and other risk factors are more fully discussed in the section entitled
risk factors
in mantech' s annual report on form 10 - k, and, from time to time, in mantech' s other filings with the securities and exchange commission .
statements and assumptions made in this press release, which do not address historical facts, constitute
forward - looking
statements that mantech believes to be within the definition in the private securities litigation reform act of 1995 and involve risks and uncertainties, many of which are outside of our control. these forward - looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. factors that could cause actual results to differ materially from the results we anticipate include, but are not limited to, the following: failure to obtain option awards, task orders, or funding under contracts; failure to realize the full amount of our backlog, or adverse changes in the timing of receipt of revenues under contracts included in backlog; or renegotiation, modification, or termination of our contracts, or failure to perform in conformity with contract terms or our expectations. these and other risk factors are more fully discussed in the section entitled
risk factors
in mantech' s annual report on form 10 - k, and, from time to time, in mantech' s other filings with the securities and exchange commission .
the acquisition enables mantech to deliver services through 7delta' s prime position on the va' s transformation twenty - one total technology (t4) program. the t4 program is a 5 - year indefinite delivery, indefinite quantity (idiq) contract to help the va transform its information technology (it) programs. 7delta has been awarded more t4 task orders than any other t4 prime contractor .
but analysts weren’t probing mantech on the volume of its acquisitions wednesday, but rather the size of them. welkin cost $ 34 million, kcg was another $ 68. 2 million and oceans edge’s cyber division was $ 48 million. these are all small transactions in a government contracting environment that has seen deal after deal carry a price tag into the hundreds of millions and even billions of dollars .
as a result, mantech has more than doubled its size in just four years, going from $ 431 million to over $ 1 billion in annual revenue. the company has a flow of capital for major acquisitions and has been able to offer stock options to its employees. the latter was particularly compelling to pedersen, who gives ultimate credit for the company' s success to finding and hiring the best technical people in the business .
mantech funded the acquisition primarily from cash on hand with minimal funding from its existing line of credit. consistent with the forward guidance given on april 30, 2014, the company expects 7delta to contribute approximately $ 50 million in revenues and $ 5 million to its earnings before interest, taxes, depreciation, and amortization (ebitda) in fiscal year 2014, excluding the cash tax deferral associated with the 338 (h) (10) election .
we are pleased to provide critical support to the mda at a time when insider threats, as well as external threat actors, are becoming increasingly sophisticated ,
said l. william varner, president of mantech' s mission, cyber & intelligence solutions (mcis) group .
our cyber security capabilities, in addition to a longstanding history of protecting our nation' s most critical programs, will provide a unique advantage to our customers against emerging threats .
and the disparity between mantech and the rest of the publicly traded government services companies is only growing, especially now that leidos holdings inc. (nyse: ldos) officially merged with lockheed martin corp. ’s (nyse: lmt) government it services division and created a $ 10 billion company — with mclean - based booz allen hamilton inc. (nyse: bah) the second - largest company in the industry at $ 5. 4 billion in annual revenue.
mantech international corporation was co-founded in 1968 by george j. pedersen and franc wertheimer . the company uses advanced technology to help government and industry manage and protect information , support and maintain critical systems , and develop integrated systems to handle complex needs . 
mantech international corporation was co-founded in 1968 by george j. pedersen and franc wertheimer. the company uses advanced technology to help government and industry manage and protect information, support and maintain critical systems, and develop integrated systems to handle complex needs.
mantech international corporation was co-founded in 1968 by george j. pedersen and franc wertheimer. the company uses advanced technology to help government and industry manage and protect information, support and maintain critical systems, and develop integrated systems to handle complex needs.