ManTech MBI Wins $9.7 Million Award on DHS EAGLE Contract
FAIRFAX, Va.--(BUSINESS WIRE)--Feb. 20, 2008--ManTech International Corporation (Nasdaq:MANT) announced today that ManTech MBI, Inc., a wholly-owned subsidiary, has been awarded a $9.7 million task order under the Enterprise Acquisition Gateway Leading Edge Solutions (EAGLE) contract with the Department of Homeland Security (DHS). Under this four-year program from the DHS Science and Technology Directorate, ManTech MBI (MMBI) will provide IT security compliance services, IT security architecture services, and IT security independent verification and validation (IV&V) of the Directorate's applications and systems at headquarters and throughout its numerous research laboratories.
MMBI, formerly McDonald Bradley, was acquired by ManTech in December 2007, and was awarded an EAGLE contract in the IV&V competency area in 2006. The DHS EAGLE contract is a five-year, indefinite-delivery, indefinite-quantity contract for IT services.
MMBI will employ an efficient and comprehensive methodology for addressing, implementing and maintaining the security requirements of all the Directorate's information assets to ensure adequate protection and full compliance with federal regulations and DHS policy and management directives. This security support will cover all aspects of the Directorate's software applications, computers, networks, audio and video-teleconferencing, telecommunications (secure and non-secure), as well as hardware acquisition and installation. MMBI will also provide ongoing IV&V services focusing specifically on identifying potential vulnerabilities and operational weaknesses for all of the Directorate's applications. Advisory services will include recommendations on the design and architecture of future systems to ensure that those meet DHS security standards.
"We are proud to land this first EAGLE project as a prime contractor with DHS and to have the opportunity to provide our highly-regarded IV&V and information assurance services," said Kenneth Bartee, President, ManTech MBI, Inc. "Our many years of expertise in delivering similar services at other agencies coupled with the ability to provide highly qualified personnel was a key factor in our selection. We are excited to begin a long business relationship with the Department of Homeland Security and, particularly, the Science and Technology Directorate."
Missing Link Security, Inc. will be a sub-contractor on this project.
The DHS Science and Technology Directorate is responsible for researching and organizing the scientific, engineering, and technological resources of the United States and leveraging those resources into tools to protect the homeland. The Directorate manages several research labs responsible for developing, testing and deploying leading edge technologies to counter existing and emerging threats to the U.S. Approximately 20 IT systems are currently certified and in use with an additional 40 systems projected to be up and running within two years.
About ManTech International Corporation:
Headquartered in Fairfax, Virginia with more than 7,300 professionals, ManTech International Corporation is a leading provider of innovative technologies and solutions for mission-critical national security programs for the Intelligence Community; the departments of Defense, State, Homeland Security and Justice; the Space Community and other U.S. federal government customers. ManTech's expertise includes systems engineering, systems integration, technology and software development, enterprise security architecture, information assurance, intelligence operations support, network and critical infrastructure protection, information technology, communications integration and engineering support. The company supports the advanced telecommunications systems that are used in Operation Iraqi Freedom and in other parts of the world; has developed a secure, collaborative communications system for the U.S. Department of Homeland Security; and builds and maintains secure databases that track terrorists. The company operates in the United States and 42 countries. In 2007, ManTech was named one of BusinessWeek.com's fastest growing tech companies; to Business 2.0 magazine's 100 Fastest Growing Technology Companies list for the second year in a row; to the Deloitte & Touche list of the 50 fastest growing technology companies in Virginia; and a GI Jobs magazine Top Ten Military Friendly Employer. 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. Words such as "may," "will," "intends," "should," "expects," "plans," "projects," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or "opportunity," or the negative of these terms or words of similar import are intended to identify forward-looking statements.
These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: adverse changes in U.S. government spending priorities; failure to retain existing U.S. government contracts, win new contracts, or win recompetes; adverse results of U.S. government audits of our government contracts; risks associated with complex U.S. government procurement laws and regulations; adverse effect of contract consolidation; risk of contract performance or termination; failure to obtain option awards, task orders or funding under contracts; adverse changes in our mix of contract types; failure to successfully integrate recently acquired companies or businesses into our operations or to realize any accretive or synergistic effects from such acquisitions; failure to identify, execute or effectively integrate future acquisitions; 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 March 9, 2007, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission, including among others, its reports on Form 10-Q.
The forward-looking statements included in this news release are only made as of the date of this news 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.
CONTACT: ManTech International Corporation
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off: 703-218-8397; cell: 571-259-1169
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SOURCE: ManTech International Corporation