ManTech International Corporation (NASDAQ: MANT) announced today that it has received a subcontract from A-P-T Research, Inc. to provide risk assessments, inspections and evaluation analyses for the Kennedy Space Center (KSC) Safety and Mission Assurance Directorate. The cost-plus-award fee contract has a two-year base period and two one-year options, with a potential value to ManTech of $16.5 million.
The Safety and Mission Assurance Directorate assures the safety and success of all KSC activities through the development, implementation, and oversight of safety, reliability, maintainability, and quality assurance policies and procedures. ManTech has supported the KSC for more than 15 years and is uniquely qualified to provide additional flight hardware processing, launch, and test experience.
“We are pleased to continue our work supporting NASA’s KSC Safety and Mission Assurance Directorate,” said Terry M. Ryan, president and chief operating officer of ManTech’s Emerging Markets Group. “ManTech has the requisite safety, reliability, maintainability, and quality assurance skills to assist in making their mission successful. Our teams of experts are dedicated to processing flight vehicles safely and exceeding program performance requirements.”
About ManTech International CorporationManTech is a leading provider of innovative technologies and solutions for mission-critical national security programs for the intelligence community; the Department of Defense, including its health organizations; the departments of State, Homeland Security, Energy and Justice, including the Federal Bureau of Investigation (FBI); the space community; and other U.S. federal government customers. We provide support to critical national security programs for approximately 60 federal agencies through approximately 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 (IT) modernization and sustainment; systems engineering; test and evaluation; and health IT. 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. Forward-Looking Information 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 U.S. government spending levels for programs we support due to budgetary constraints, changing mission priorities or other factors; government contract procurement (such as a bid protest) risks; the failure to obtain option awards or funding under the contract; risk of contract renegotiation, performance, modification, or termination; and competition. 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. 24, 2012, 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.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts