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ManTech Awarded Five-Year Contract With A $2.85 Billion Ceiling To Continue Sustainment Of U.S. Military’s Mine Resistant Ambush Protected (MRAP) Family Of Vehicles (FoV)

Stocks in this article: MANT

ManTech International Corporation (NASDAQ:MANT) has been awarded the MRAP Contractor Logistics Sustainment and Support (CLSS) Services contract by the U.S. Army’s TACOM Contracting Center to continue providing logistics sustainment and support for the U.S. Military’s MRAP FoV. The award has a total value of $2.85 billion and a period of performance of five years if all options are exercised.

“As one of the very first contractors on the battlefield, we have built a strong working relationship with the U.S. Army over many years. This relationship is an essential part of who we are at ManTech, and winning this contract is a statement about the quality and professionalism of our people,” said ManTech Chairman and CEO George J. Pedersen. “We are fully committed to the critical mission of the Army’s TACOM Life Cycle Management Command and our other Army customers, even as we expand into new business areas such as healthcare IT and cyber security. This win, coupled with our recent awards to support the FBI’s Criminal Justice Information Services and the NIH’s Health IT Acquisition and Assessment Center, affirms our strategic investments to grow in traditional and emerging markets.”

Under this contract ManTech will continue to provide services to rapidly assess and repair battle-damaged MRAP FoV systems and mechanical failures, insert technology, integrate systems, and perform upgrades and modifications to enhance and sustain fleet operational readiness. ManTech will also continue to manage supply and transportation support for route-clearance vehicle fleet, including demand analysis, warehouse operations, logistics data reporting, and material management to ensure optimum distribution of parts at all repair locations. Work is being performed in Afghanistan, Kuwait and at locations throughout the U.S. and the world.

The U.S. Army TACOM Life Cycle Management Command, in partnership with the Army's Program Executive Offices, is one of the Army's largest research, development and sustainment organizations for weapon systems. Its mission is to develop, acquire, field and sustain soldier and ground systems for the warfighter by integrating effective and timely acquisition, logistics and cutting-edge technology.

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