Washington, DC, United States
Washington, DC, United States

ManTech International Corporation was co-founded in 1968 by George J. Pedersen. The company’s main purpose is to deliver upcoming information technology and technical services to U.S. federal government customers. Wikipedia.


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HERNDON, Va., May 04, 2017 (GLOBE NEWSWIRE) -- ManTech International Corporation (Nasdaq:MANT) announced today that Chairman and Chief Executive Officer (CEO) George J. Pedersen has been awarded the prestigious Central Intelligence Agency (CIA) Officers Memorial Foundation Patriots Award. The Foundation bestows the award to those whose record of service exemplifies major support to the Agency and to the nation. Pedersen is only the third recipient in 16 years to receive it. The award was presented to Pedersen by CIA Officers Memorial Foundation Chairman John McLaughlin and President Jerry Komisar at the beginning of ManTech’s May 2 board meeting in Herndon, VA. Also in attendance were ManTech executives; members of the board; and Pedersen’s family. “ManTech has been a longstanding supporter of the Foundation, given its important role for the families of fallen CIA officers, and we are honored to have our CEO and Chairman receive such a significant award,” remarked ManTech President and Chief Operating Officer Kevin Phillips. ManTech provides innovative technologies and solutions for mission-critical national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the health and space community; and other U.S. government customers. ManTech's expertise includes cybersecurity; software and systems development; enterprise information technology; multi-discipline intelligence; command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); program protection and mission assurance; systems engineering; supply chain management and logistics; test and evaluation (T&E); training; and management consulting. Additional information on ManTech can be found at www.mantech.com.


News Article | February 15, 2017
Site: www.businesswire.com

SAN FRANCISCO--(BUSINESS WIRE)--Today at the RSA Conference 2017, CounterTack, formally introduced its new flagship product, the Endpoint Threat Platform (ETP). Leveraging a single, powerful endpoint sensor, the new Endpoint Threat Platform delivers a robust suite of endpoint security capabilities, including EDR (Endpoint Detection and Response) and dynamic prevention, and meets the needs of sophisticated security teams across multiple use cases including Insider Threat and Incident Response (IR). The platform integrates multi-technique detection, analysis and auto-response functionality enterprise-wide, to help organizations intelligently counter and neutralize the most dangerous cyber threats in real-time. In delivering its new platform set of capabilities into the market, CounterTack has integrated its patented Digital DNA® technology (DDNA) into its architecture to enhance detection, prevention and response for customers. CounterTack acquired ManTech Cyber Solutions International (MCSI) last year to bolster its portfolio of products and personnel, and to drive innovation around combining behavioral and binary analysis capabilities, by integrating DDNA. Gartner predicts that in the next three to five years, various forces will change the competitive EDR landscape: “There will be considerable consolidation in the market across EPP, EDR and next-generation endpoint security vendors, not only where smaller EDR and next-generation endpoint security vendors merge, but also where larger EPP or EDR vendors acquire the functionality they are missing to complete their endpoint security picture” (Gartner Competitive Landscape: Endpoint Detection and Response Tools, January 5, 2017). “The future of endpoint security solutions will be those that provide protection from beginning to end,” said Neal Creighton, CEO, CounterTack. “Organizations are looking to consolidate cybersecurity technologies, so we are responding to the customer’s evolving needs. CounterTack’s Endpoint Threat Platform is one comprehensive platform that enables IR and SOC teams to integrate data flows and work with far fewer security products. Our platform, in addition to our recently announced ThreatScan PRO product and licensing program, are anchored by our DDNA technology.” CounterTack’s endpoint solutions have been widely recognized in the industry. Most recently CounterTack was recognized as a Gartner EDR Vendor. For more information and product demos, the company is exhibiting at RSA at booth 1221, South Hall. CounterTack delivers the one true Endpoint Threat Platform to enterprise customers globally. CounterTack provides a unique combination of threat context, organizational resiliency and broad visibility, to mitigate endpoint risk and reduce the impact of advanced attacks. Combining a robust suite of endpoint detection and analysis capabilities by leveraging a single endpoint sensor and an open, scalable multi-tenant infrastructure, CounterTack helps IR and security teams neutralize and prevent advanced threats from damaging the business. CounterTack delivers its next-generation technology to over 250 customers globally. To learn more, please visit: http://www.countertack.com/ or follow us on Twitter at @CounterTack.


HERNDON, Va., Feb. 17, 2017 (GLOBE NEWSWIRE) -- ManTech International Corporation (Nasdaq:MANT) will provide mission-critical clinical information technology specialty support to the Department of Veterans Affairs (VA) Office of Information & Technology (OI&T), Enterprise Program Management Office (EPMO). ManTech will deliver troubleshooting, systems engineering, software development, and operational support to the VA’s telemedicine and VistA Imaging systems as a subcontractor to Liberty IT Solutions, LLC, a leading Service-Disabled Veteran-Owned Small Business IT services provider to the Federal Government, helping enable systems that directly support veterans’ healthcare. The base subcontract with options has a total value to ManTech of $20 million. “ManTech is proud to continue its support for our nation’s veterans through the provision of critical IT services to the Department of Veterans Affairs and its clinical IT systems. Through the HPS contract and in partnership with Liberty IT and the VA, ManTech will contribute to top-quality and accessible medical care for veterans,” said Daniel J. Keefe, president and chief operating officer of ManTech’s Mission Solutions & Services Group and a retired Army brigadier general. ManTech provides innovative technologies and solutions for mission-critical national security programs for the Intelligence Community; the Departments of Defense, State, Homeland Security, Health and Human Services, Veterans Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community; and other U.S. government customers. We support important national missions by providing services to approximately 50 federal government agencies under approximately 900 current contracts. ManTech's expertise includes cybersecurity; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation (T&E); command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); training; supply chain management and logistics; and management consulting. 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. These forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. Factors that could cause actual results to differ materially from the results we anticipate include, but are not limited to, the following: failure to obtain option awards, task orders, or funding under contracts; failure to realize the full amount of our backlog, or adverse changes in the timing of receipt of revenues under contracts included in backlog; or renegotiation, modification, or termination of our contracts, or failure to perform in conformity with contract terms or our expectations. These and other risk factors are more fully discussed in the section entitled "Risk Factors" in ManTech's Annual Report on Form 10-K, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission.


HERNDON, Va., Feb. 16, 2017 (GLOBE NEWSWIRE) -- The U.S. Army Communications and Electronics Command (CECOM) Software Engineering Center (SEC) has awarded ManTech International Corporation (Nasdaq:MANT) a Software and Systems Engineering Services Next Generation prime contract to provide worldwide systems field and software support for the Army’s intelligence and C3/LOG-IT systems. The cost-plus-fixed-fee task order has a 12-month base period of performance and two 12-month option periods, with a potential total value to ManTech of $152 million. ManTech will support the U.S. Army Communications-Electronics Command (CECOM) Life Cycle Management Command (LCMC) Software Engineering Center (SEC) in providing post-production and post-deployment software support to the Warfighter. The support covers a wide range of garrison, exercise, combat operations, and contingencies for the users of strategic and tactical command, control, communication, and computer (C4), and logistics management systems. Additionally, ManTech will initialize, operationalize, and troubleshoot the hardware and software interfaces of these systems, as well as provide training to the Mission Command Training Centers outside the Continental United States. “Continuing our partnership with CECOM SEC to provide field support for Army C4ISR and logistics information systems and their networks is a privilege for ManTech. It expands our presence and capabilities in support of critical Army missions,” said Daniel J. Keefe, president and chief operating officer of ManTech’s Mission Solutions & Services Group. ManTech provides innovative technologies and solutions for mission-critical national security programs for the Intelligence Community; the Departments of Defense, State, Homeland Security, Health and Human Services, Veterans Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community; and other U.S. government customers. We support important national missions by providing services to approximately 50 federal government agencies under approximately 900 current contracts. ManTech's expertise includes cybersecurity; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation (T&E); command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); training; supply chain management and logistics; and management consulting. 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. These forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. Factors that could cause actual results to differ materially from the results we anticipate include, but are not limited to, the following: failure to obtain option awards, task orders, or funding under contracts; failure to realize the full amount of our backlog, or adverse changes in the timing of receipt of revenues under contracts included in backlog; or renegotiation, modification, or termination of our contracts, or failure to perform in conformity with contract terms or our expectations. These and other risk factors are more fully discussed in the section entitled "Risk Factors" in ManTech's Annual Report on Form 10-K, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission.


News Article | February 22, 2017
Site: globenewswire.com

FAIRFAX, Va., Feb. 22, 2017 (GLOBE NEWSWIRE) -- ManTech International Corporation (Nasdaq:MANT), a leading provider of innovative technologies and solutions for mission-critical national security programs, today announced financial results for the fourth quarter and full fiscal year 2016, which ended December 31, 2016. ManTech Chairman and Chief Executive Officer George J. Pedersen said, "We remain optimistic about the budgetary environment and the prospects for continued growth. In 2016, ManTech experienced strong contract awards, revenue growth and excellent cash flow. Furthermore, the company showed year-over-year improvement on numerous metrics including growth in operating income, net income and EPS, as well as improvement in the respective margins. We also made two targeted acquisitions in the growing markets of cyber and health IT; Oceans Edge Cyber and Edaptive Systems, which enhanced our capabilities and positioning within U.S. Cyber Command and the Centers for Medicare and Medicaid Services, respectively. Together with the strong management team, dedicated and talented employees, our differentiated capabilities and the investments made over the past few years, ManTech is well positioned for success in 2017." Revenues for the quarter were $394.2 million, compared to $402.4 million in the fourth quarter of 2015. Revenues for the year were $1.60 billion, up 3% compared to $1.55 billion in fiscal year 2015. Operating income was $21.3 million for the quarter and $91.0 million for the full year. Operating margin was 5.4% for the quarter and 5.7% for the full year. Net income was $13.7 million for the quarter and $56.4 million for the fiscal year. Diluted earnings per share was $0.35 for the quarter and $1.47 for the full year. All annual profit figures were significantly higher than comparable figures for 2015. Cash flow from operations for the quarter was $13 million. For the year, cash flow from operations totaled $96 million or 1.7 times net income. Days sales outstanding (DSO) were 73 days, an increase of 5 days compared to the fourth quarter of 2015. During the quarter, the company paid $8.1 million, or $0.21 per share, as part of its regular cash dividend program to its common stockholders of record as of December 9, 2016. As of December 31, 2016, the company had $65 million in cash and cash equivalents and no outstanding borrowings on its $500 million revolving-credit facility, which provides the company with the financial capacity to pursue acquisitions, issue dividends, and maintain a strong balance sheet. The Board of Directors has declared that the company will pay a cash dividend of $0.21 per share on March 24, 2017, to all common stockholders of record as of March 10, 2017, as part of its regular quarterly cash dividend program. The annual yield is approximately 2.1% based on the average of recent trading prices. Future declarations of dividends and their record and payment dates are subject to the final determination of ManTech's Board of Directors. Kevin M. Phillips, ManTech President and Chief Operating Officer said, "I am pleased with our differentiated capabilities and strong market position which has enabled us to continue winning new business. The work won in 2016 weighed towards cyber, IT solutions and intelligence and systems engineering support. These recent contract awards provide the solid foundation for growth in 2017." Contract awards (bookings) totaled $460 million in the quarter, representing a book-to-bill ratio of 1.2. For the year, contract awards totaled $2.3 billion for a book-to-bill ratio of 1.4. Book-to-bill ratios for both the quarter and the fiscal year reflect an improving awards environment and strong market positioning for ManTech. Proposal activity remains brisk, and the company expects contract awards to continue at a strong pace in 2017. Large, single award contracts contributing to the quarterly bookings include: Additional contract awards in the quarter include several extensions to existing contracts and new contracts from classified customers. The company expects to achieve revenue, net income, and diluted earnings per share in 2017 as specified in the table below. The guidance is supported by a backlog of business at the end of the quarter of $4.9 billion, including $1.0 billion of funded backlog, as well as a strong pipeline of new opportunities and improving government funding levels. ManTech Chief Financial Officer Judith L. Bjornaas said, “We are pleased to end the fiscal year with strong operating performance, having generated improved margins and strong cash flow. Our capital deployment program will continue to be focused on a disciplined acquisition program that will support long-term business growth and we expect to maintain our current regular cash dividend program. In 2017, we will continue to position and align the business to capture additional market share.” ManTech executive management will hold a conference call on February 22, 2017, at 5 p.m. Eastern to discuss the financial results and outlook and answer questions. Analysts may participate on the conference call by dialing (877) 638-9567 (domestic) or (253) 237-1032 (international) and entering passcode 44415141. The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of the ManTech website (http://investor.mantech.com). A replay of the conference call will be available on the ManTech website approximately 2 hours after the conclusion of the conference call. ManTech provides innovative technologies and solutions for mission-critical national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the health and space community; and other U.S. government customers. We support important national missions by providing services to approximately 50 federal government agencies under approximately 1,000 current contracts. ManTech's expertise includes cybersecurity; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation (T&E); command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); training; supply chain management and logistics; and management consulting. 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,” “expect,” “intend,” “anticipate,” “believe,” or “estimate,” or the negative of these terms or words of similar import are intended to identify forward-looking statements. These forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. Factors that could cause actual results to differ materially from the results we anticipate, include, but are not limited to, the following: failure to maintain our relationship with the U.S. government, or failure to compete effectively for new contract awards or to retain existing U.S. government contracts; issues relating to competing effectively for awards procured through the competitive bidding process, including the adverse impact of delay caused by competitors’ protests of contracts awards received by us; inability to recruit and retain sufficient number of employees with specialized skill sets who are in great demand and limited supply; adverse changes in U.S. government spending for programs we support, whether due to changing mission priorities, socio-economic policies that reduce the contracts that we may bid on, cost reduction and efficiency initiatives by our customers, or other federal budget constraints generally; failure to obtain option awards, task orders or funding under contracts; increased exposure to risks associated with conducting business internationally; failure to realize the full amount of our backlog or adverse changes in the timing of receipt of revenues under contracts included in backlog; renegotiation, modification or termination of our contracts, or failure to perform in conformity with contract terms or our expectations; disruption of our business or damage to our reputation resulting from security breaches in customer systems, internal systems or services failures (including as a result of cyber or other security threats), or employee or subcontractor misconduct; failure to successfully integrate acquired companies or businesses into our operations or to realize any accretive or synergistic effects from such acquisitions; adverse changes in business conditions that may cause our investments in recorded goodwill to become impaired; non-compliance with, or adverse changes in, complex U.S. government laws, procurement regulations or processes; and adverse results of U.S. government audits or other investigations of our government contracts. These and other risk factors are more fully discussed in the section entitled "Risk Factors" in ManTech's Annual Report on Form 10-K previously filed with the Securities and Exchange Commission on Feb. 22, 2017, Item 1A of Part II of our Quarterly Reports on Form 10-Q, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date of this press 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.


News Article | November 2, 2016
Site: globenewswire.com

FAIRFAX, Va., Nov. 02, 2016 (GLOBE NEWSWIRE) -- ManTech International Corporation (Nasdaq:MANT), a leading provider of innovative technologies and solutions for mission-critical national security programs, today announced financial results for the third quarter of fiscal year 2016, which ended September 30, 2016. "ManTech achieved outstanding performance across our key operating metrics with strong contract awards, organic growth and exceptional cash flow. Our excellent performance along with our strong balance sheet provides the foundation to fund organic growth and strategic acquisitions positioning ManTech to meet our customers' most challenging and changing demands," said ManTech Chairman and Chief Executive Officer George J. Pedersen. “ManTech delivered strong organic revenue and earnings growth in the third quarter. I am pleased with the performance and momentum of the business, especially the pace of proposal submittals and contract awards for the quarter and full year. We continue to position the company to pursue higher demand services and solutions and to target large mission critical programs,” said newly promoted ManTech President and Chief Operating Officer Kevin M. Phillips. Revenues for the quarter were $415.4 million, up 5.7% from $393.0 million in the third quarter of 2015, up 4.7% organically. Support for Overseas Contingency Operations contributed roughly $29 million in revenues in the quarter, up about $3 million from the second quarter of 2016. Operating income for the quarter of $23.5 million, representing an operating margin of 5.7%, was up 11% from the third quarter of 2015. For the quarter net income was $14.7 million and diluted earnings per share were $0.38, up 13% and 9%, respectively, compared to the third quarter of 2015. Cash flow from operations for the quarter was $32 million or 2.2 times net income. Days sales outstanding (DSO) were 63 days, an improvement of 6 days compared to the third quarter of 2015. As of September 30, 2016, the company had $71 million in cash and cash equivalents and no outstanding borrowings on its $500 million revolving-credit facility, which provides the company with the financial capacity to pursue acquisitions, issue dividends, and maintain a strong balance sheet. The company paid $8.1 million in dividends, or $0.21 per share, to its common stockholders of record as of September 9, 2016. The Board of Directors has declared that the company will pay a cash dividend of $0.21 per share on December 23, 2016, to all common stockholders of record as of December 9, 2016, as part of its regular quarterly cash dividend program. Future declarations of dividends and their record and payment dates are subject to the final determination of ManTech's Board of Directors. Contract awards (bookings) totaled $886 million in the quarter, representing a book-to-bill ratio of 2.1. Over the trailing 12 months, the book-to-bill ratio is 1.4. Large, single-award contracts contributing to the quarterly bookings include: Additional contract awards in the quarter include several extensions to existing contracts and new contracts from classified customers. The company’s backlog of business at the end of quarter was $4.6 billion, up 9% compared to the second quarter of 2016; funded backlog was $1.0 billion, up 5% compared to the second quarter of 2016. The company is narrowing the range of its guidance on expected revenue, net income and diluted earnings per share. ManTech expects its revenue, net income, and diluted earnings per share as specified in the table below. Newly appointed ManTech Chief Financial Officer Judith L. Bjornaas said, “I am pleased with the continued strong performance of the company, increased net income and earnings to our shareholders, and exceptional cash flows and receivables collection. We are focused on continuing to make organic investments and leveraging our strong balance sheet to enhance positioning within growing customer and capability sets.” ManTech executive management will hold a conference call on November 2, 2016, at 5 p.m. Eastern to discuss the financial results and outlook and answer questions. Analysts may participate on the conference call by dialing 877-638-9567 (domestic) or 253-237-1032 (international) and entering passcode 87470755. The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of the ManTech website (http://investor.mantech.com). A replay of the conference call will be available on the ManTech website approximately 2 hours after the conclusion of the conference call. ManTech provides innovative technologies and solutions for mission-critical national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the health and space community; and other U.S. government customers. We support important national missions by providing services to approximately 50 federal government agencies under approximately 900 current contracts. ManTech's expertise includes cybersecurity; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation (T&E); command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); training; supply chain management and logistics; and management consulting. 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,” “expect,” “intend,” “anticipate,” “believe,” or “estimate,” or the negative of these terms or words of similar import are intended to identify forward-looking statements. These forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. Factors that could cause actual results to differ materially from the results we anticipate, include, but are not limited to, the following: failure to compete effectively for new contract awards or to retain existing U.S. government contracts; inability to recruit and retain sufficient number of employees with specialized skill sets who are in great demand and limited supply; delays in the competitive bidding process caused by competitors' protests of contract awards received by us; adverse changes or delays in U.S. government spending for programs we support due to failure to complete the budget and appropriations process in a timely manner, changing mission priorities, the implementation of cost reduction and efficiency initiatives by our customers, or other federal budget constraints generally; failure to obtain option awards, task orders or funding under contracts; renegotiation, modification or termination of our contracts, or failure to perform in conformity with contract terms or our expectations; increased exposure to risks associated with conducting business internationally; failure to realize the full amount of our backlog or adverse changes in the timing of receipt of revenues under contracts included in backlog; failure to successfully integrate acquired companies or businesses into our operations or to realize any accretive or synergistic effects from such acquisitions; adverse changes in business conditions that may cause our investments in recorded goodwill to become impaired; non-compliance with, or adverse changes in, complex U.S. government laws, procurement regulations or processes; disruption of our business or damage to our reputation resulting from security breaches in customer systems, internal systems or service failures (including as a result of cyber or other security threats), or employee or subcontractor misconduct; and adverse results of U.S. government audits or other investigations of our government contracts. These and other risk factors are more fully discussed in the section entitled "Risk Factors" in ManTech's Annual Report on Form 10-K previously filed with the Securities and Exchange Commission on Feb. 19, 2016, Item 1A of Part II of our Quarterly Reports on Form 10-Q, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date of this press 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.


HERNDON, Va., Nov. 17, 2016 (GLOBE NEWSWIRE) -- The National Geospatial-Intelligence Agency (NGA) has awarded ManTech International Corporation (Nasdaq:MANT) a contract to provide information technology enterprise management services (ITEMS) and enterprise management/cyber security services (EM/CSS). The firm-fixed-price contract has 1 base year and 4 option years, with a potential value of $322 million. The NGA is responsible for providing geospatial intelligence products and services that decision-makers, warfighters, and first responders need, when they need it most. ManTech will provide technical experts and thought leadership facilitating large-scale enterprise IT management and cyber security services that support the NGA’s critical mission. "The ITEMS EM/CSS award is ManTech’s first large, prime contract with the NGA," said L. William Varner, president of ManTech's Mission, Cyber & Intelligence Solutions (MCIS) Group. “We look forward to implementing our proven cyber security and enterprise IT management solutions to support the NGA’s national security efforts.” ManTech provides innovative technologies and solutions for mission-critical national security programs for the Intelligence Community; the Departments of Defense, State, Homeland Security, Health and Human Services, Veterans Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community; and other U.S. government customers. We support important national missions by providing services to approximately 50 federal government agencies under approximately 900 current contracts. ManTech's expertise includes cyber security; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation (T&E); command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); training; supply chain management and logistics; and management consulting. 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. These forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. Factors that could cause actual results to differ materially from the results we anticipate include, but are not limited to, the following: failure to obtain option awards, task orders, or funding under contracts; failure to realize the full amount of our backlog, or adverse changes in the timing of receipt of revenues under contracts included in backlog; or renegotiation, modification, or termination of our contracts, or failure to perform in conformity with contract terms or our expectations. These and other risk factors are more fully discussed in the section entitled "Risk Factors" in ManTech's Annual Report on Form 10-K, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission.


RESTON, Va., Nov. 08, 2016 (GLOBE NEWSWIRE) -- STG Group, Inc. (OTCQB:STGG), a leading provider of mission-critical technology, cyber, and data solutions to the U.S. Government, announced today that Mr. Paul Rempfer has joined STG as Senior Vice President of Business Development. In this role, he will work with STG senior leadership and have management and operational oversight of the company’s capture, business development, and proposal management organizations. Mr. Rempfer’s appointment was effective from November 1, 2016. Mr. Rempfer brings more than 20 years of executive experience, having led business development organizations that have captured over $2 billion in contracts across cyber security, intelligence, and critical infrastructure domains. Mr. Rempfer has experience driving strong growth across both new and established enterprises, and he possesses the industry relationships, insights and know-how to help expand STG’s strategic opportunities, build partnerships, and advance its corporate growth agenda. Phil Lacombe, President of STG, commented, “We are very excited to have Paul leading our business development team. We believe that his understanding of critical national security missions and the cyber environment will enable us to continue expanding our support for key government customers. I am very familiar with Paul’s success in leading complex capture efforts and diverse business development teams and am delighted to have him on the STG leadership team.” Prior to joining STG, Mr. Rempfer served as a Principal at Booz Allen Hamilton Inc. At Booz Allen, he had responsibility for leading the corporate business development strategy for pursuits in the cyber and intelligence domains. Prior to Booz Allen, he held operational and executive management roles with ManTech International Corporation, General Dynamics Corporation, Secure Mission Solutions, Inc. and Noblis. “I’m excited to be joining a true industry leader like STG with its unwavering commitment to staying ahead of the curve with innovative solutions in the defense of our nation. I’m looking forward to helping STG grow and succeed in the near future,” said Mr. Rempfer. Mr. Rempfer earned a BA from The University of Iowa. About STG STG Group, Inc. is a leading provider of mission-critical technology, cyber and data solutions to more than 50 US Federal Agencies.  Applying decades of experience, the company works to ensure the security of the digital domain, the effectiveness of complex IT systems and the delivery of quality intelligence to decision makers. STG is a Washington Technology Top 100 Company. Visit STG at www.stg.com. Forward-Looking Statements This press release contains forward-looking statements that involve risks and uncertainties concerning STG, STG’s expected financial performance, as well as STG’s strategic and operational plans. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts.  Terms such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.  Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, risks relating to success in retaining or recruiting officers, key employees or directors, the potential liquidity and trading of our securities, and the size of our addressable markets and the amount of U.S. government spending on private contractors.  In addition, please refer to risks described in the “Risk Factors” in STG’s Annual Report on Form 10-K for the year ended December 31, 2015 and filed with the SEC. Please also refer to the other documents that STG filed with the SEC on Forms 10-K, 10-Q and 8-K. The filings by STG identify and address other important factors that could cause its financial and operational results to differ materially from those contained in the forward-looking statements set forth in this press release. STG is under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results.


News Article | December 22, 2016
Site: www.marketwired.com

Company recognized for demonstrating a 33 percent reduction in Material Review Board labor hours for F-35 Joint Strike Fighter Program CINCINNATI, OH--(Marketwired - Dec 22, 2016) -  NLign Analytics, a division of Etegent Technologies, today announced that it has received the prestigious Defense Manufacturing Technology Achievement Award from the U.S. Department of Defense (DoD). The award honors individuals responsible for outstanding technical accomplishments that further the vision of the Department of Defense Manufacturing Technology (ManTech) Program. The Joint Defense Manufacturing Technology Panel (JDMTP) presented the award to NLign Analytics and its partner Northrup Grumman at the 2016 Defense Manufacturing Conference in Denver, Co. in recognition for their efforts to reduce Material Review Board (MRB) labor hours on the F-35 Joint Strike Fighter program. The two companies are working on an Air Force-sponsored project titled, "The Digital Thread for Material Review Board." The MRB engineering process addresses imperfections that occur during manufacturing of aerospace components. Based on the imperfections, engineers must decide if the components can be used as-is, repaired or scrapped. Northrup Grumman used NLign Analytics' patented 3D collection and visualization software to demonstrate a 33 percent reduction in MRB labor hours on the F-35 manufacturing line. "The Defense Manufacturing Technology Achievement Award is a tremendous compliment to the teams at NLign Analytics and Northrup Grumman for their many hours of hard work on this project," said Tom Sharp, principal of NLign Analytics. "This award is validation of our technology and its ability to make MRB processes more efficient, and we appreciate that our name is associated with the great organizations and projects that received this award in previous years." NLign Analytics software improves multiple engineering processes by aligning data to 3D models and allowing for the data to be visualized, searched and trended in a 3D environment. Efficiency improvements are made possible by rendering vast amounts of process and repair data to 3D CAD models, allowing quick and accurate analysis in a familiar 3D environment. NLign analysis tools are currently saving the U.S. Navy, Air Force, and private sector companies millions of dollars each year by streamlining manufacturing and maintenance processes, improving first-pass yields, helping to monitor the health of aircraft fleets, and aiding root cause analysis; thus reducing overall program costs. Watch this video to learn more about NLign Analytics: http://www.nlign.com/about/video/. About NLign Analytics Founded in 2011, NLign Analytics is a division of Etegent Technologies, a high-tech, R&D-focused company conducting state-of-the-art research in automatic target recognition utilizing radar, LADAR, image, vibrometry and other data types; health monitoring of turbine engines and other assets; non-destructive inspection data management and mining; mechatronic product development; and other areas. Originally developed for the U.S. Air Force, NLign Analytics software platform uses an intuitive 3D environment to help composite manufacturers and maintenance organizations collect, organize, archive and analyze massive amounts of diverse data. For additional information, visit NLign.com.


MOUNTAIN VIEW, CA--(Marketwired - Feb 14, 2017) - Cypherpath, the leader in on demand software-defined infrastructure solutions, today announced it has partnered with IBM Cloud Infrastructure to provide shared enterprise customers with the ability to easily and quickly provision private and hybrid cloud environments on bare metal architecture. The partnership is designed to enable new and current resellers to quickly onboard with Cypherpath and IBM, and provide seamless and rapid cloud solutions for enterprise cloud customers. Under this new agreement, Cypherpath and IBM provide IT and DevOps teams the ability to easily provision any bare metal infrastructure to deploy virtualized and/or containerized cloud technologies, while ensuring isolation of the cloud workloads to meet the security needs of the enterprise teams. Joint customers have the freedom to build, deploy, run and move clouds of any size, to any location on demand. The Cypherpath IBM partnership also provides the needed agility for simple and secure lifecycle management of the infrastructure. "The new Bluemix Validated Partner Program helps IBM Business Partners identify valuable resources which enable our customers to build, deploy, and manage cloud infrastructure," said Ed Bottini, Director, ISVs and Bluemix Channel Partners, IBM. "We worked closely with Cypherpath to be the first Bluemix Validated Partner to join our ecosystem to offer optimized private and hybrid cloud solutions." Cypherpath employs its Software Defined Infrastructure Operating System (SDI OS™) to dramatically reduce the total cost of ownership of an enterprise cloud by abstracting the underlying infrastructure (compute, network and storage) from applications and cloud environments, making it easy to configure and enhance utilization of the bare metal infrastructure. "Our customers are looking for the agility and portability needed to scale their business," said Danial Faizullabhoy, CEO of Cypherpath. "To solve this, we are the first company to provide a 'Cloud as a File' (CaaF) encapsulation capability within our Software Defined Infrastructure Operating System. CaaF encapsulation means enterprises can create blueprints of their software defined infrastructure via a drag and drop interface, and share, move, save, delete or copy these blueprints as easily as using a file." Each CaaF can be provisioned with a single click on the underlying bare metal infrastructure and can be copied and replicated in order to deploy multiple instances of the same environment on the same bare metal infrastructure or be moved to different data center locations altogether. It can also be copied and stored to create backups as needed. By implementing Cypherpath's CaaF approach on IBM Softlayer's bare metal infrastructure, customers are provisioning their virtualized and cloud environments on demand with little to no specialized skills. ManTech, one of Cypherpath's and IBM's customers, recently leveraged the solution to scale out training services at a lower cost, meeting the business objectives for the global expansion of training. The company sought to deliver quality training and experimental labs on demand, with isolation, to avoid testing and experimentation crossover. On demand scaling was achieved by developing a training lab as a private cloud once and leveraging Cypherpath's CaaF approach to provision as many instances of the same lab to multiple locations. "The ease and simplicity of modeling, modifying, provisioning, and deploying hundreds of infrastructures when we need them and where we need them is extremely valuable for our DevOps and Operations teams. The IBM Bluemix Infrastructure is a perfect solution for our on-demand and scale out use cases where resources are limited," said Ernest McCaleb, Chief Architect at the DoD Cyber Range, ManTech. Cypherpath's Software Defined Infrastructure Operating System (SDI OS™) provides a distributed enterprise OS that natively brings together compute, virtualization, networking, and storage into an integrated scale-out stack for deploying private, hybrid and public clouds on bare metal infrastructure. Cypherpath fundamentally simplifies clouds by running and managing them as self-contained files. Enterprises rely on Cypherpath for seamless clouds without sacrificing security and control of the Enterprise infrastructure. Cypherpath's "cloud as a file" (CaaF) capability provides IT and DevOps teams with a simple and agile way to provision their cloud infrastructure on-demand, for their applications and services, to dynamically meet the needs of the business. Learn more at http://www.cypherpath.com

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