Source: ManTech International Corporation
HERNDON, Va., Jan. 06, 2017 (GLOBE NEWSWIRE) -- The Naval Surface Warfare Center Dahlgren Division (NSWCDD) has awarded ManTech International Corporation (Nasdaq:MANT) a prime contract to provide Test and Evaluation (T&E) support to its weapons and combat systems. 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 $87 million.
ManTech will support NSWCDD by providing comprehensive T&E across the U.S. Navy’s weapons and combat systems programs, to include Aegis, Aegis BMD, SSDS, DDG-10000, and littoral combat ship platforms to the U.S. Navy and other Department of Defense organizations. ManTech will also provide engineering expertise for naval ships worldwide, as required.
“Continuing our partnership with NSWCDD to comprehensively test and evaluate the state of combat weapon systems for successful fleet mission support, today and tomorrow, is a privilege for ManTech. It expands 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.
About ManTech International Corporation
ManTech provides innovative technologies and solutions for mission-critical national security programs for the Intelligence Community; the Departments of Defense, State, Homeland Security, Health and Human Services, Veterans Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community; and other U.S. government customers. We support important national missions by providing services to approximately 50 federal government agencies under approximately 900 current contracts. ManTech's expertise includes cybersecurity; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation (T&E); command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); training; supply chain management and logistics; and management consulting. 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. 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.
ManTech International Corporation Lynn Davis, 703-259-3636 email@example.com