RT-ManTech Awarded $8.9 Million Navy Contract Modification for Acoustics Engineering Support FAIRFAX, Va.--(BUSINESS WIRE)--July 1, 2003--ManTech International Corporation (Nasdaq:MANT), a Fairfax, Virginia-based IT and technical services solutions provider supporting Department of Defense and intelligence community customers, announced today that the Naval Surface Warfare Center, Carderock Division (NSWCCD), West Bethesda, MD has awarded ManTech Systems Engineering Corporation (MSEC) a modification to a previously awarded contract for additional engineering and technical support for the design, development, operation and maintenance of Naval vehicle ship acoustics and acoustic technology. The $8.9 million contract modification awarded to MSEC, a subsidiary of ManTech International Corporation, increases the estimated remaining value of the contract to $19.9 million. Under the terms of the contract, MSEC will provide engineering services and technical support to NSWCCD Signatures Directorate which is responsible for coordination of ship acoustics and acoustic technology programs. NSWCCD uses unique systems of sensors, signal conditioning, recording, advanced digital signal processing, and analysis components to meet the requirements of complex measurement and evaluation of Naval acoustic and electromagnetic fields and acoustic systems. NSWCCD also has requirements for the advancement of measurement capabilities through the infusion of emerging technology into existing assets or new systems and processes. MSEC is responsible for providing services for the operation and maintenance of the systems, and for the design, fabrication, assembly, test, evaluation, and procurement of new systems in support of the NSWCCD evaluation requirements. About ManTech International Corporation: Headquartered in Fairfax, Virginia, ManTech International Corporation delivers a broad array of information technology and technical services solutions to U.S. federal government customers, focusing primarily on critical national defense programs for the intelligence community and Department of Defense. ManTech designs, develops, procures, implements, operates, tests and maintains mission-critical, enterprise information technology and communication systems and infrastructures for federal government customers in the United States and 34 countries worldwide. Additional information on ManTech can be found at www.mantech.com. Statements made in this press release, which do not address historical facts, could be interpreted to be forward-looking statements. Examples of such forward looking statements include continuing to perform the contract, as modified, throughout the full term. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to the following: failure of government customers to exercise options under contracts; funding decisions of U.S. Government projects; government contract procurement (such as bid protest) and termination risks; competitive factors such as pricing pressures and/or competition to hire and retain employees; material changes in laws or regulations applicable to the company's businesses and other risk factors discussed in the company's filings with the Securities and Exchange Commission. The statements in this press release are made as of July 1, 2003, and the Company undertakes no obligation to update any of the forward looking statements made herein, whether as a result of new information, future events, changes in expectations or otherwise. --30--RM/ph* CONTACT: ManTech International Corporation, Fairfax Peter LaMontagne, 703/218-8200 fax: 703/218-8296 Corporatecommunications@mantech.com KEYWORD: VIRGINIA MARYLAND INDUSTRY KEYWORD: TELECOMMUNICATIONS MANUFACTURING GOVERNMENT AEROSPACE/DEFENSE SOURCE: ManTech International Corporation Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com
Jul-01-2003 20:15 GMT Symbols: US;MANT Source BW Business Wire Categories: MST/R/US/VA MST/R/US/MD MST/I/TEL MST/I/ICS MST/G MST/I/ARO MST/I/CLT |