ManTech Awarded $26 Million Task Order to Support Naval Surface Warfare Center Carderock Division's Signatures Directorate
FAIRFAX, Va. --(Business Wire)--
The U.S. Navy has awarded ManTech International (News - Alert) Corporation (NASDAQ:MANT) a task order valued at $26 million to provide engineering and technical acoustic support services. The task order was awarded under the SeaPort Enhanced contract; it has a one-year base period of performance with two option years.
Under the task order, ManTech will provide the Naval Surface Warfare Center Carderock Division's (NSWCCD) Signatures Directorate with a full range of engineering, technical, and program assessment services for submarine and surface ship acoustic trials. The work provides the NSWC with services essential to maintain acoustic superiority in submarines and surface ships as technology demands increase.
"ManTech is proud to provide highly specialized acoustic engineering and technical support to the U.S. Navy and NSWCCD," said Terry Ryan, president and chief operating officer of ManTech's Systems Engineering and Advanced Technology Group (News - Alert). "Our dedicated engineers and technicians look forward to extending our expertise in support of acoustic and special trial related practical assessments of noise measurement systems and standards."
About ManTech International Corporation
ManTech is a leading provider of innovative technologies and solutions for mission-critical national security programs for the intelligence community; the departments of Defense, State, Homeand Security, Energy, and Justice including the Federal Bureau of Investigation; the space community; the National Oceanic (News - Alert) and Atmospheric Administration; and other U.S. federal government customers. We provide support to critical national security programs for approximately 60 federal agencies through 1,000 current contracts. ManTech's expertise includes command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) lifecycle support, cyber security, global logistics support, intelligence/counter-intelligence support, information technology modernization and sustainment, systems engineering, and test and evaluation. ManTech supports major national missions such as military readiness, terrorist threat detection, information security, and border protection. 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 those we anticipate include, but are not limited to, adverse changes in future levels of expenditures for programs we support caused by budgetary pressures facing the federal government and changing mission priorities; the failure to obtain option awards or funding under the contract; the failure to maintain strong relationships with other contractors; risk of contract performance, modification, or termination; and risks associated with complex U.S. government procurement laws and regulations. These and other risk factors are more fully discussed in the section entitled "Risks Factors" in ManTech's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on Feb. 25, 2011, and from time to time in ManTech's other filings. The forward-looking statements included in this news release 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.
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