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MANT - MANT STOCK NEWS

Welcome to our dedicated page for MANT news (Ticker: MANT), a resource for investors and traders seeking the latest updates and insights on MANT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MANT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MANT's position in the market.

News
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ManTech International Corporation (Nasdaq: MANT) has announced an agreement to acquire Gryphon Technologies for $350 million. Gryphon, known for its advanced digital engineering capabilities, enhances ManTech's offerings in systems engineering for the Department of Defense, adding over 1,500 skilled employees. This acquisition aligns with ManTech's strategy to expand in the defense sector, leveraging innovation to improve military operations. The transaction will be funded through cash reserves and credit, pending necessary approvals expected by the end of 2021.

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ManTech International Corporation (Nasdaq: MANT) has announced its third quarter fiscal year 2021 earnings release will be issued post-market on November 2, 2021. The management team will host a conference call to discuss the financial results starting at 5 p.m. ET. Analysts can join the call using the provided phone numbers and pass code. The call will also be available via webcast on the ManTech Investor Relations website, with a replay accessible about two hours later. ManTech specializes in technology solutions for defense and federal agencies, with over 52 years in operation.

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ManTech has appointed David Hathaway as the new Executive Vice President and General Manager of its Defense Sector. Hathaway brings over 25 years of experience from IBM and Vectrus, where he focused on military and intelligence solutions. He succeeds Andrew Twomey, who is moving to a new strategic role within the company. Hathaway's appointment aims to enhance ManTech’s delivery of innovative technology solutions to the Department of Defense customers, reinforcing the company's mission in national security.

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ManTech has secured a $476 million contract with the U.S. Space Force to provide systems engineering solutions for Space Systems Command over a 10-year period. This contract allows ManTech to support critical space launch programs, integrating launch services and ensuring fleet surveillance at various Space Force facilities, including Los Angeles and Cape Canaveral. ManTech, a trusted partner since 2010, aims to enhance the U.S. Space Force's digital engineering ecosystem, contributing to America’s space dominance.

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ManTech has secured an $86 million contract from the Department of Homeland Security to enhance U.S. Citizenship and Immigration Services' architecture and engineering capabilities. This five-year hybrid contract will focus on IT management oversight and innovative solutions aimed at advancing the legacy SPEDI (Support for Platform Engineering and DevOps Engineering). Bryce Pippert, General Manager, emphasized that the initiative will provide essential IT transformation to meet current needs while preparing for future developments involving Analytics, Automation, AI, and cloud engineering.

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ManTech International Corporation (MANT) reported a revenue of $649 million for the second quarter of fiscal year 2021, marking a 3% increase from Q2 2020. The company achieved an EBITDA margin of 10.4% and diluted EPS of $0.89, up 20% year-over-year. Bookings totaled $813 million, resulting in a book-to-bill ratio of 1.3. Significant contract awards include a $100 million project with the Navy and an $86 million contract with DHS. ManTech maintained a strong cash position with $64.9 million in cash equivalents and reiterated its revenue guidance of $2.65 - $2.75 billion for 2021.

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ManTech International Corporation (Nasdaq: MANT) will announce its second-quarter fiscal year 2021 earnings after market close on August 3, 2021. A conference call to discuss the earnings results is scheduled for 5 p.m. ET the same day. Analysts can join the call by dialing the provided numbers, and a replay will be available on ManTech's website approximately two hours post-call. ManTech specializes in technology solutions for U.S. defense and federal agencies, with over 52 years of experience in areas such as cyber, data analytics, and systems engineering.

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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.

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ManTech has secured a $61 million contract to provide systems engineering and technical assistance to the Department of Defense's Irregular Warfare Technical Support Directorate (IWTSD) for one year, with four optional one-year extensions. This contract supports the development of capabilities for irregular warfare against adversaries. ManTech has a long history of providing similar services since 2007, emphasizing its commitment to national security.

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ManTech (Nasdaq: MANT) has been awarded a significant contract to support the FBI with advanced technology solutions, focusing on Information Systems Security. This contract spans a base period of one year, with the potential to extend up to five years. ManTech's Cognitive Cyber will enhance FBI cybersecurity initiatives, providing critical strategy, training, and services. Senior Vice President Bryce Pippert emphasized the importance of this partnership in protecting vital IT systems and national security against evolving threats.

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FAQ

What is the market cap of MANT (MANT)?

The market cap of MANT (MANT) is approximately 3.9B.

MANT

Nasdaq:MANT

MANT Rankings

MANT Stock Data

3.93B
27.48M
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