ManTech Gets $118 Mln. U.S Army service contract

Defense solution provider ManTech International Corp. (MANT) Thursday said it was awarded a three-year contract by U.S Army Communications-Electronics Life Cycle Management Command to support surveillance systems of U.S military and coalition forces deployed in Iraq and Afghanistan. The award is part of the Strategic Services Sourcing contract with a total potential value of $118 million to ManTech.

ManTech, a subcontractor to CSC, will provide the services in Southwest Asia, including Kuwait, Iraq and Afghanistan. The contract covers, U.S. Army's Rapid Aerostat Initial Deployment System, Base Expeditionary Target Surveillance Systems and the U.S. Marine Corps Ground Based Operational Surveillance System.

Services to be provided under the contract also include deployed fielding support, maintenance and repair, logistics management; sustainment support; and resource management, acquisition and administrative support for unique and specialized systems.

Commenting on the deal, Robert Coleman, president and chief operating officer, ManTech International said, "This contract expands our efforts into the surveillance and reconnaissance area, which represents a long term solution for our intelligence efforts in the region."

MANT is currently trading at $51.97, down $0.02 or 0.04%, on a volume of 6,934 shares.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com