The Combating Terrorism Technical Support Office (CTTSO) has awarded ManTech International Corporation (NASDAQ:MANT) a prime contract to provide scientific, engineering, technical, and administrative support to the CTTSO. The cost-plus-fixed fee contract has a one-year base period and two one-year options with a potential value to ManTech of $33.5M.
Under the contract, ManTech will continue to provide the CTTSO and its subordinate offices with Advisory and Assistance Services (A&AS) and Systems Engineering and Technical Assistance (SETA) services. ManTech professionals will also continue to assist with managing acquisitions and projects to rapidly field combating terrorism solutions at home and abroad.
The mission of the CTTSO is to conduct the National R&D Program for Combating Terrorism through rapid research, development and prototyping. Funding, task selection and task management are not dictated by any single agency, and community need determines task priority. Requirements continually evolve and are defined by end users consisting of over 100 federal agencies and state, local, international and non-government organizations.
"The CTTSO customer has unique operational and technical demands to quickly deploy advanced solutions in support of the global war on terrorism,” said Terry M. Ryan, president and chief operating officer of ManTech's Emerging Markets Group. "We are pleased to continue our technical support to the CTTSO's critical mission."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 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. Words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” or “estimate,” or the negative of these terms or words of similar import are intended to identify forward-looking statements.
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