ManTech International

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ManTech International
Public
Traded as NASDAQMANT
S&P 600 Component
Industry Defense
Founded Fairfax, Virginia, United States (1968)
Founder George J. Pedersen
Headquarters Fairfax, Virginia, United States
Area served
Worldwide
Key people
George J. Pedersen
(Chairman) & (CEO)
Revenue Increase $1.600 billion (2016)[1]
Increase $ 90.963 million (2016)
Increase $56.391 million (2016)
Total assets Increase $1.598 billion (2016)
Total equity Increase $1.242 billion (2016)
Number of employees
approximately 7,000 (2016)
Website www.Mantech.com

ManTech International Corporation was co-founded in 1968 by George J. Pedersen[2] and Franc Wertheimer.[3] 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.[4]

History[edit]

ManTech has grown to become one of the U.S. government’s leading providers of technologies for national security programs supporting the United States Intelligence Community and Departments of Defense, State, Homeland Security, Energy, Justice, Veterans Affairs, and Health and Human Services; the Space Community; and other government agencies.[4] The firm specializes in C4ISR lifecycle; Cybersecurity; Enterprise IT; Management Consulting; intelligence & counterintelligence; Program Protection and Mission Assurance; Software and Systems Development; Supply Chain Management and Logistics; Systems Engineering; Test and Evaluation; and Training.[5] The firm has supported the telecommunications use in Operation Iraqi Freedom. ManTech's corporate headquarters is located in Fairfax, Virginia;[6] It also has offices in 19 U.S. states, and employees positioned in over 20 countries.[4] The firm has over 7,000 employees and supports more than 50 U.S. government agencies and commercial customers on more than 1,000 contracts.[5] Revenues have increased from $431 million in 2001 to $1.77 billion in 2014.[7]

Acquisitions[edit]

On February 29, 2012, ManTech announced its purchase of HBGary, Inc.[8] Financial terms of the acquisition were not disclosed other than to say it was an "asset purchase", which excludes legal and financial liabilities.[8]

On January 9, 2013, ManTech completed the acquisition of ALTA Systems, Inc. of Fairfax, Va., an Information Technology (IT) and professional services company with applications in healthcare systems and capital planning.[9]

On February 19, 2014, ManTech completed the acquisition of Allied Technology Group, Inc., an innovative engineering and information management solutions company with strategic contracts with the Department of Homeland Security (DHS).[10]

On May 27, 2014, ManTech 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).[11]

On April 28, 2015, ManTech completed the acquisition of Welkin Associates, Ltd., formerly a wholly owned subsidiary of CSC.[12]

On June 16, 2015, ManTech completed the acquisition of Knowledge Consulting Group (KCG), a rapidly growing cyber security advisor focused on anticipating threats and implementing defensive countermeasures.[13]

On June 13, 2016, ManTech acquired Oceans Edge, Inc.'s cyber business, a leading provider of cyber network operations (CNO) solutions.[14]

On December 19, 2016, ManTech 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).[15]

Notable contracts[edit]

The firm supports critical and national security programs through more than 1,000 current contract vehicles, including IDIQs, fixed-price, cost-reimbursement, labor-hour, time-and-materials, and many others.[16]

On October 8, 2015, The Defense Intelligence Agency (DIA) awarded ManTech an Enhanced Solutions for Information Technology Enterprise (E-SITE) contract to provide worldwide coverage for IT requirements and technical support services for DIA and other members of the Intelligence Community (IC). This multiple-award, indefinite delivery, indefinite quantity (IDIQ) vehicle has a 5-year period of performance, with a potential value of $6 billion.[17]

On December 3, 2015, ManTech has been awarded a contract by the United States Air Force to provide full-spectrum security services to protect mission-critical programs. The cost-plus contract has a 1-year base period and 9 option years, valued at $407 million.[18]

On January 12, 2016, ManTech has been awarded a contract by the Department of Defense to support the defense and Intelligence Community's growing needs for modernization. ManTech will provide integration, systems engineering, sustainment, and deployment support worldwide. The award is for a base period of 1 year, followed by 4 option years. The total projected value is more than $200 million.[19]

On February 12, 2016, The Combating Terrorism Technical Support Office (CTTSO) has awarded ManTech a prime contract to provide contractor advisory and assistance and systems engineering and technical assistance. The cost-plus-fixed-fee task order has a 12-month base period of performance and four 12-month option periods, with a potential total value to ManTech of $71 million.[20]

On April 12, 2016, The Battlefield Information Collection and Exploitation Systems (BICES) Program Office has awarded ManTech a prime GSA OASIS task order to provide Systems Engineering and Technical Assessment and subject matter expertise. This effort involves extensive coordination with the Combatant Commands, Services, and members of the Intelligence Community (IC) to provide intelligence support to operations. The firm-fixed price task order has a 12-month base period of performance and four 12-month option periods, with a potential total value to ManTech of $33 million.[21]

On May 16, 2016, The U.S. Department of Defense (DoD) has awarded ManTech a prime contract to provide operational and user maintenance (O&uM) and software maintenance support to the Product Manager (PM) Joint Personnel Identification (JPI) Quick Reaction Capabilities (QRC) Sustainment. The PM JPI is responsible for ensuring the QRC task order supports warfighter needs by sustaining adequate O&uM and software maintenance functions required on a daily basis. The QRC requirement includes both hardware (devices) and software that are used for biometrics collection, storage, matching, and analysis in a forward operating environment. The cost-plus-fixed-fee task order has a 12-month base period of performance and one 12-month option period, with a potential total value to ManTech of $44.2 million.[22]

On June 7, 2016, The Missile Defense Agency (MDA) has awarded ManTech 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.[23]

On June 9, 2016, The Space and Naval Warfare Systems Center (SPAWARSYSCEN) Atlantic has awarded ManTech 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.[24]

On August 10, 2016, The General Services Administration Federal Acquisition Service (GSA FAS) has awarded ManTech two task orders on behalf of the U.S. Department of Homeland Security (DHS) to provide cybersecurity and cloud solutions to combat cyber threats, with a potential total value to ManTech of $110 million.[25]

On August 18, 2016, The Defense Technical Information Center, under its Defense Systems Technical Area Tasks vehicle, has awarded ManTech a prime task order to provide research, engineering, science, technology, rapid prototyping, development, advisory, and integration services in support of Marine Corps Intelligence, Surveillance, and Reconnaissance Enterprise (MCISRE) strategic, operational, and tactical intelligence objectives. The cost-plus-fixed-fee task order has a 5-year period of performance, with a potential total value to ManTech of $208 million.[26]

On August 23, 2016, The Department of Homeland Security (DHS) has awarded ManTech 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.[27]

On November 17, 2016, The National Geospatial-Intelligence Agency (NGA) has awarded ManTech 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.[28]

ManTech Commercial Services[edit]

ManTech Commercial Services is a consulting business unit of ManTech International based in Herndon, Virginia. The division began operations in 2015, with Kent Warren as the founding President.[29]

See also[edit]

References[edit]

  1. ^ [1] from investor.mantech.com
  2. ^ "About Us". ManTech International Corporation. Retrieved 23 November 2015. 
  3. ^ "Profile:George Pedersen Expectations Exceeded". Washington Technology. Retrieved 3 August 2016. 
  4. ^ a b c "Corporate Overview" (PDF). ManTech International Corporation. Retrieved 11 November 2015. 
  5. ^ a b "ManTech Corporate Overview Brochure 2016" (PDF). 
  6. ^ "Locations". ManTech International Corporation. Retrieved 23 November 2015. 
  7. ^ "2014 10-K". ManTech International Corporation. Retrieved 11 November 2015. 
  8. ^ a b Leyden, John (29 February 2012). "US gov IT services vendor swallows HBGary". The Register. Retrieved 26 April 2012. 
  9. ^ "ManTech Completes Acquisition of ALTA Systems, Inc.". ManTech International Corporation. Retrieved 9 January 2013. 
  10. ^ "ManTech Completes Acquisition of Allied Technology Group, Inc.". ManTech International Corporation. Retrieved 19 February 2014. 
  11. ^ "ManTech Completes Acquisition of 7Delta, Inc.". ManTech International Corporation. Retrieved 27 May 2014. 
  12. ^ "ManTech Acquires Welkin to Expand High-End Solutions to Intelligence and Defense Communities". ManTech International Corporation. Retrieved 28 April 2015. 
  13. ^ "ManTech Acquires Knowledge Consulting Group to Expand Cyber Security Services to Government and Commercial Customers". ManTech International Corporation. Retrieved 16 June 2015. 
  14. ^ "ManTech Acquires Oceans Edge Cyber Unit to Expand Advanced Cyber Security Capabilities (NASDAQ:MANT)". amda-njy9o.client.shareholder.com. Retrieved 2016-12-29. 
  15. ^ "ManTech Acquires Edaptive Systems (NASDAQ:MANT)". amda-njy9o.client.shareholder.com. Retrieved 2016-12-29. 
  16. ^ "Contracts". ManTech International Corporation. Retrieved 23 November 2015. 
  17. ^ "Defense Intelligence Agency Awards ManTech International $6B IDIQ for Information Technology Support to the Intelligence Community (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  18. ^ "ManTech Awarded $407 Million Contract to Provide Full-Spectrum Security Support Services to the U.S. Air Force (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  19. ^ "ManTech Awarded Potential $200 Million Contract for Defense and Intelligence Community Modernization Support (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  20. ^ "ManTech Awarded $71 Million Contract for SETA Support to the Combating Terrorism Technical Support Office (CTTSO) (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  21. ^ "ManTech Awarded $33 Million Contract to Support the Battlefield Information Collection and Exploitation Systems (BICES) Program Office (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  22. ^ "ManTech Awarded $44.2 Million Contract for Quick Reaction Capabilities to Support Warfighters (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  23. ^ "ManTech Awarded $32 Million Contract to Provide Missile Defense Agency with Counterintelligence Advisory and Assistance Services (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  24. ^ "ManTech Awarded $34 Million Task Order for Engineering Support to SPAWARSYSCEN Atlantic and U.S. Naval Observatory (USNO) (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  25. ^ "ManTech Awarded $110 Million for CDM Task Orders to Provide Cybersecurity Cloud Solutions and Combat Advanced Cyber Threats (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  26. ^ "ManTech Awarded $208 Million Task Order for Marine Corps ISR Support (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  27. ^ "ManTech Awarded $24 Million Contract for Multi-Sensor Data Aggregation Analysis Support to U.S. Customs and Border Protection (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  28. ^ "ManTech Awarded $322 Million Contract to Provide Cyber Security and Enterprise Management Services for the NGA (NASDAQ:MANT)". investor.mantech.com. Retrieved 2016-12-29. 
  29. ^ Corporation, ManTech International. "Commercial Services". 
  30. ^ Wakeman, Nick. "2015 Washington Technology Top 100". WashingtonTechnology.com. Retrieved 23 November 2015. 

External links[edit]