ManTech International, a solution provider that
works with national security programs, has acquired government IT, cyber-security and networking solution provider TranTech.
The terms of the deal were not disclosed, but ManTech
said it would provide further information on its Feb. 23 fourth-quarter
earnings conference call.
With the acquisition, ManTech gets TranTech’s position on
the Defense Information Systems Agency (DISA) ENCORE II contract, an “indefinite
delivery/indefinite quantity contract vehicle with a $12 billion ceiling and
performance period through 2018,” the company said in a statement. TranTech
will be integrated into ManTech’s Technical Services Group (TSG).
“ManTech has a consistent strategy of acquiring companies
that drive our organic growth and help us provide additional services to our
defense and intelligence customers,” ManTech chairman and chief executive George
J. Pedersen said in a statement. “We believe that the acquisition of
TranTech’s employees and capabilities and the ability to deliver services
through the ENCORE II vehicle are consistent with that strategy.”
“As DISA and the U.S. Cyber Command seek to protect and
secure defense networks and information, we see a substantial pipeline of
opportunities to provide a full range of innovative information technology,
networking and cyber solutions through the ENCORE II vehicle and other
contracts,” Louis M. Addeo, TSG group president and chief operating officer, said
in a statement.
“TranTech and
ManTech are a strong fit in terms of culture and capabilities. Our employees
are pleased to join the ManTech family and will benefit from the expanded
professional development opportunities a company of ManTech’s size can offer,”
said TranTech president and CEO TiTi McNeill, in a statement.
ManTech has more than 10,000 employees in 30 countries
and provides technology solutions for security programs and intelligence
community groups including: the departments of Defense, State, Homeland
Security and Justice, including the Federal Bureau of Investigation; the space
community; the National Oceanic and Atmospheric Administration; and other U.S.
federal government customers.
