ManTech Awarded $76 Million Contract from Space and Naval Warfare Systems Command for C4I Training SupportFAIRFAX, Va.--(BUSINESS WIRE)--Jan. 4, 2005--ManTech International Corporation (Nasdaq:MANT), a leading provider of innovative technologies and solutions focused on mission-critical national security programs for the Department of Defense, the Intelligence Community, the Department of State, the Department of Justice, the Department of Homeland Security and other U.S. federal government customers, announced today that it has been awarded a contract from the Space and Naval Warfare Systems Center, San Diego, valued at $76 million, to provide training for Command, Control, Communications, Computers, Intelligence, Surveillance, Reconnaissance (C4ISR) and other Department of Defense related systems. The competitively awarded contract has a five-year base period, with eight, six-month options, giving the program a total potential value of $76 million.
ManTech will provide a wide range of training support functions that include developing and designing curriculum, creating systems operator and maintenance technical training, developing job analysis materials, updating Navy Training Systems Plans, conducting fleet training surveys and recommending technology solutions for training requirements.
The Global Naval Vessels MRO Market 2012-2022
"Our training solutions group has considerable training expertise which they provide to the Army, Navy, IRS and many commercial clients," said Kenneth J. Farquhar, President, ManTech Systems Engineering Corporation. "Their extensive experience developing, delivering and managing complex training solutions and systems allow us to offer SPAWAR the opportunity to significantly expand their training capabilities while achieving cost savings and efficiencies."
ManTech also provides training in information system security for a variety of organizations in the Department of Defense and the Intelligence Community, and other training for the Army Space and Missile Defense Command, Air Force Air Combat Command, Defense Logistics Agency and the Defense Information Systems Agency.
ManTech Systems Engineering Corporation is an independently assessed SW-CMM Level 3 company.
About ManTech International Corporation:
Headquartered in Fairfax, Virginia, ManTech International Corporation is a leading provider of innovative technologies and solutions for mission-critical national security programs for the Department of Defense, the Intelligence Community, the Department of State, the Department of Justice, the Department of Homeland Security and other U.S. federal government customers. ManTech's expertise includes technology and software development, enterprise security architecture, information assurance, intelligence operations support, network and critical infrastructure protection, information technology, communications integration and engineering support. The company supports the advanced telecommunications systems that are used in Operation Iraqi Freedom and in other parts of the world; provides the physical and cyber security to protect U.S. embassies all over the world; has developed a secure, collaborative communications system for the U.S. Department of Homeland Security; and is helping the Department of Justice's U.S. Marshall Service deploy a common, office automation system. With projected annual revenues in excess of $800 million for the current year and more than 5,500 highly qualified employees and several thousand consultants, the company operates in the United States and more than 30 countries worldwide. In 2004, ManTech was selected by Business Week magazine as one of the Top 100 Hot Growth Companies and was ranked as one of the Top 50 Fastest-Growing Solution Providers by VARBusiness magazine. Additional information on ManTech can be found at www.mantech.com.
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. Such forward-looking statements are subject to factors that could cause actual results to differ materially from those anticipated results. These factors include but are not limited to: the failure of the U.S. government to allot funds to ManTech to complete performance of the contract or exercise contract options; risks of contract performance; risks of contract termination, either for default or for the convenience of the U.S. government; risks associated with complex U.S. government procurement laws and regulations; competitive factors such as pricing pressures and/or competition to hire and retain employees; and material changes in laws or regulations applicable to the company's businesses. These and other risk factors are more fully discussed in the section entitled "Risks Related to the Company's Business" in ManTech's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 15, 2004, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission, including among others, its reports on Form 10-Q and Form 8-K. The forward-looking statements included in this news release are only made as of the date of this news 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.
ManTech International Corporation, Fairfax
Mark Root, 703-218-8397
Maureen Crystal, 703-218-8262
Source : ManTech