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Technology Stocks : ATCO -- Breakthrough in Sound Reproduction
ATCO 15.480.0%Mar 28 5:00 PM EST

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To: SunAge who started this subject7/1/2003 4:31:15 PM
From: Savant   of 2062
 
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

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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
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