ManTech Awarded $96 Million to Provide Information and Enforcement Training Services for U.S. Custom
ManTech Awarded $96 Million to Provide Information and Enforcement Training Services for U.S. Customs and Border Protection
FAIRFAX, Va.--(BUSINESS WIRE)-- The U.S. Department of Homeland Security has awarded ManTech International Corporation (NAS: MANT) a single-award blanket purchase agreement (BPA) under its GSA Schedule contract to provide information and enforcement training services to the U.S. Customs and Border Protection (CBP) organization. The award has a potential value of $96 million, with a 1-year base period and four additional option years.
Under the BPA, ManTech will provide comprehensive training services for information technology systems, wireless and voice communications equipment, and enforcement technology to all CBP personnel as well as other federal, state and local law enforcement agencies. The training will include instruction on the operation of a variety of non-intrusive inspection (NII) equipment deployed nationally and internationally, including large and small scale products, radiation equipment, and handheld NII equipment.
"The CBP is the largest law enforcement organization in the nation; entrusted with the comprehensive operation, maintenance, and security of our borders," said Daniel J. Keefe, president and chief operating officer of ManTech's Technical Services Group. "Effective training on the information systems and equipment used to conduct the CBP's mission is crucial, and ManTech is proud to be selected to support this important effort."
About ManTech International Corporation
ManTech is a leading provider of innovative technologies and solutions for mission-critical national security programs for the intelligence community; the Departments of Defense, State, Homeland Security, Energy and Justice, including the Federal Bureau of Investigation (FBI); the health and space communities; and other U.S. federal government customers. We provide support to critical national security programs for approximately 50 federal agencies through approximately 1,000 current contracts. ManTech's expertise includes command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions and services; cyber security; global logistics support; information technology (IT) modernization and sustainment; intelligence/counter-intelligence solutions and support; systems engineering; test and evaluation; environmental, range and sustainability services; and healthcare analytics and IT. ManTech supports major national missions, such as military readiness and wellness, terrorist threat detection, information security and border protection. 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: adverse changes or delays in U.S. government spending for programs we support due to cost cutting and efficiency initiatives and other efforts to reduce federal government spending generally, uncertainty regarding the timing and nature of government action to complete the budget process and otherwise address budgetary constraints, sequestration, or other factors; failure to compete effectively for new contract awards or to retain existing U.S. government contracts; 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; failure to realize the full amount of our backlog or adverse changes in the timing of receipt of revenues under contracts included in backlog; non-compliance with, or adverse changes in, complex U.S. government procurement laws and regulations; adverse results of U.S. government audits or other investigations of our government contracts; and disruption of our business resulting from internal systems or service failures or breaches in customer systems, including as a result of cyber or other security threats. These and other risk factors are more fully discussed in the section entitled "Risks Factors" in ManTech's Annual Report on Form 10-K previously filed with the Securities and Exchange Commission on Feb. 22, 2013, 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.
ManTech International Corporation
Lynn Davis, 703-259-3636
KEYWORDS: United States North America Virginia
The article ManTech Awarded $96 Million to Provide Information and Enforcement Training Services for U.S. Customs and Border Protection originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.