ManTech Wins $110 Million Contract to Develop Naval Radar and Electronic Warfare Systems

Rhea-AI Summary

ManTech (Nasdaq: MANT) announced a significant five-year, $110 million contract with the Naval Surface Warfare Center (NSWC) Crane to enhance radar and electronic warfare systems for the U.S. Navy. Awarded under the Department of Defense Information Analysis Center’s task order process, this contract underscores ManTech's role in providing advanced technological solutions essential for the safety and success of naval operations. This contract emphasizes the company's expertise in Intelligent Systems Engineering and cybersecurity capabilities, aimed at countering modern threats in sophisticated battle environments.

Positive

• Awarded a five-year contract valued at $110 million, enhancing revenue prospects.
• Strengthens position in defense sector, focusing on advanced technology solutions.
• Utilizes significant capabilities in Intelligent Systems Engineering and cybersecurity.

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• None.

HERNDON, Va., June 21, 2021 (GLOBE NEWSWIRE) -- ManTech (Nasdaq: MANT) today announced a five-year, $110 million contract to support Naval Surface Warfare Center (NSWC) Crane in developing and upgrading radar and electronic warfare (EW) systems for the U.S. Navy. ManTech was awarded this contract under the Department of Defense Information Analysis Center’s (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders (TOs) are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the DTIC repository and the R&D and S&T community.

“In today’s technologically sophisticated battle space, vital systems must be protected from offensive actions that range from electromagnetic and directed energy to cyberattacks that take effect in milliseconds,” said Andrew Twomey, Executive Vice President and General Manager of ManTech’s Defense Sector. “ManTech’s advanced technology solutions will help ensure that Naval warfighters’ radar and electronic warfare systems repel and defeat any such attempted incursion and contribute to mission safety and success.”

ManTech will provide Intelligent Systems Engineering (ISE) using the company’s Model Based Systems Engineering (MBSE) Laboratory and Cognitive Cyber capabilities with its ACRE^Ⓡ Cyber Range solution at the company’s Crane, Indiana campus.

About the DOD IAC Program
The DoD IAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, the IAC program serves the DoD science & technology (S&T) and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DoD and broader S&T community.

About ManTech
ManTech provides mission-focused technology solutions and services for U.S. defense, intelligence and federal civilian agencies. In business more than 52 years, we excel in full-spectrum cyber, data collection & analytics, enterprise IT, systems engineering and software application development solutions that support national and homeland security. Additional information on ManTech can be found at www.mantech.com.

Media Contact:

Jim Crawford
ManTech
Executive Director, External Communications
(M) 571.446.7550
James.Crawford2@ManTech.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1199f099-27b2-44da-b25c-0064e61dd492

FAQ

What is the value of the contract awarded to ManTech by NSWC Crane?

The contract is valued at $110 million.

What is the duration of ManTech's contract with the Naval Surface Warfare Center?

The contract is for a duration of five years.

What will ManTech's contract support for the U.S. Navy?

The contract supports the development and upgrading of radar and electronic warfare systems.

Under which program was the contract awarded to ManTech?

The contract was awarded under the Department of Defense Information Analysis Center’s multiple-award contract vehicle.

What capabilities will ManTech provide under this contract?

ManTech will provide Intelligent Systems Engineering and Cybersecurity solutions.