ManTech International Corporation (NASDAQ:MANT) was awarded a new contract by the U.S. Marine Corps Systems Command to provide maintenance and on-the-job training for the Cougar family of mine resistant ambush protected (MRAP) vehicles. The award is valued at $30.3 million with a four month base period and two option years for a total twenty-eight month period of performance.
ManTech will provide field service representatives to conduct initial inspections and perform vehicle repairs, sustainment maintenance, retrofits, instruction, and modifications to all Marine Corps Cougar MRAP vehicles in Afghanistan and the continental United States. ManTech will also provide field-level maintainer instructors and certified instructors teaching all courses at Camp Lejeune, N.C., Camp Johnson, N.C., and the U.S. military's MRAP operator and maintenance training facility at the Red River Army Depot in Texarkana, Texas. Additional work will be performed at overseas locations including Japan and Jordan, as requested.
This is the second major MRAP contract won by ManTech in the last three months. In May the U.S. Army's TACOM Contracting Center awarded ManTech a five-year contract with a $2.85 billion ceiling to continue sustainment of the U.S. Army's MRAP family of vehicles.
"MRAP vehicles continue to save lives, and ManTech has been helping keep MRAP and route clearance vehicles operational since 2003," said Louis M. Addeo, president and chief operating officer of ManTech's Technical Services Group. "We are honored to be selected to extend our support to the Marine Corps' Cougar MRAP fleet."
"ManTech is proud of our sustainment record in support of Army and joint force MRAP programs," added Kevin C. Cody, business unit president of ManTech's Systems Sustainment and Integrated Logistics business unit. "We are excited to take on this new work supporting U.S. Marine Corps MRAP vehicles."
Source: ManTech International Corp.
Date: Aug 29, 2012