ManTech Wins US$325 Million Contract from US Department of Homeland Security

Cyber Security Investing

ManTech (NASDAQ:MANT), cybersecurity company announced that it has secured a US$325 million contract from the US Department of Homeland Security (DHS) for cybersecurity testing and deployment. Specifically, ManTech will provide technical and scientific work in cybersecurity research and development in addition to formulating acquisition programs for the DHS. As quoted in the press release: “This …

ManTech (NASDAQ:MANT), cybersecurity company announced that it has secured a US$325 million contract from the US Department of Homeland Security (DHS) for cybersecurity testing and deployment. Specifically, ManTech will provide technical and scientific work in cybersecurity research and development in addition to formulating acquisition programs for the DHS.

As quoted in the press release:

“This award expands our role for state-of-the-art technology solutions that range from advanced cybersecurity to data analytics and sophisticated systems and software engineering,” said Kevin Phillips, President and CEO of ManTech. “As our nation confronts rising challenges from hostile states and criminal hackers, we are Bringing Digital to the MissionTM at DHS in innovative ways that advance their strategic and tactical goals while safeguarding vital IT and network assets end-to-end.”

Under the new Indefinite Delivery/Indefinite Quantity (IDIQ) award, ManTech will provide professional scientific, technical, programmatic and administrative assistance and services to support DHS efforts in Research, Development, Test and Evaluation (RD&TE) and the formulation and development of major acquisition programs. ManTech is an incumbent of the preceding IDIQ, and has provided similar support for the DHS Science & Technology Directorate since 2003.

Click here to read the full press release.

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