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Carlyle Group to acquire ManTech for $4.2B
All-cash transaction expected to close later this year
Herndon-based ManTech International Corp. has entered into a definitive agreement to be acquired by The Carlyle Group for approximately $4.2 billion, the tech contractor announced Monday. In the all-cash transaction, ManTech shareholders will receive $96 per share in cash, a 32% premium to ManTech’s closing share price of $72.82 on Feb. 2, which was the
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ManTech secures $118M Navy contract
Herndon contractor will support Naval Surface Warfare Center
Published
Herndon-based tech contractor ManTech International Corp. has secured a $188 million, five-year contract to support the U.S. Navy’s Naval Surface Warfare Center Crane by providing tech solutions for intelligence, surveillance and reconnaissance by unmanned aircraft systems. “At ManTech, intelligent systems engineering is a core competency where we excel at developing innovation solutions. … Under this
ManTech to acquire D.C. tech firm for $350M
Transaction to close by end year
Published
Herndon-based tech contractor ManTech International Corp. announced Monday that it has signed a definitive agreement to acquire Washington, D.C.-based Gryphon Technologies from Boca Raton, Florida-based AE Industrial Partners for $350 million. Gryphon Technologies provides digital and systems engineering capabilities for U.S. Department of Defense agencies, including predictive analytics, data science and cloud engineering. “This acquisition
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ManTech names chief growth officer
Joseph Cubba was IBM senior partner and VP for defense and intelligence
Published
Herndon-based technology contractor ManTech International Corp. announced Monday that it has recruited Joseph Cubba, formerly senior partner and vice president for defense and intelligence at IBM Corp., as its chief growth officer. Cubba will report directly to Matt Tait, ManTech’s chief operating officer, and will be responsible for strategic growth efforts across the federal civilian,
Three Va. companies land spots on $4.45B Air Force contract
General Dynamics, Northrop Grumman, ManTech to work on Special Access Program
Published
The U.S. Air Force has awarded positions on a potential 10-year, $4.45 billion contract to three Virginia-based companies, the U.S. Department of Defense announced Friday. Reston-based General Dynamics Corp., Herndon-based ManTech and Falls Church-based Northrop Grumman Corp. were awarded spots on the contract to provide security services under DOD’s Special Access Program. Under the contract,
ManTech names VP of mission/enterprise IT
Steven Oh recruited by Herndon-based technology contractor
Published
Herndon-based technology contractor ManTech announced Monday it has recruited Steven Oh as vice president of mission/enterprise IT for the company’s newly formed Innovation and Capabilities Office. An IT, information security and project management professional, Oh will lead the technical focus area responsible for advancing ManTech’s business solutions that enhance Mission/Enterprise IT (M/E IT) services and
ManTech wins $273M Homeland Security contract
Herndon-based company to work on business intelligence services for Customs and Border Protection
Published
The U.S. Department of Homeland Security awarded Herndon-based ManTech, a technology contractor for U.S. defense, intelligence and federal civilian agencies, a five-year, $273 million contract to provide business intelligence support services for Customs and Border Protection (CBP), the company announced Thursday. Under the contract, ManTech will perform services that prevent crime and terrorism, according to
ManTech lands $260M Navy task order
Herndon contractor to update aircraft mission systems
Published
The U.S. Department of Defense awarded Herndon-based ManTech, a technology contractor for U.S. defense, intelligence and federal civilian agencies, a four-year, $260 million task order to update the U.S. Navy’s mission systems for its maritime patrol and reconnaissance aircraft. Under the task order, ManTech will work to modernize the P-3C Orion and P-8A Poseidon aircraft
ManTech co-founder retires as chairman; president & CEO takes over board seat
George J. Pedersen will remain a board member as Kevin M. Phillips becomes chairman
Published
Herndon-based ManTech, a technology contractor for U.S. defense, intelligence and federal civilian agencies, announced last week that co-founder George J. Pedersen has decided to retire as executive chairman and chairman of the board. President and CEO Kevin M. Phillips has been elected chairman of the board, and Pedersen will remain on the board as chairman