ManTech Corp. Acquires MTCSC for $75M

ManTech International Corporation, a provider of innovative technologies and solutions for mission-critical national security programs, announced that it has completed the acquisition of MTCSC Inc. for $75 million in cash. The completed acquisition adds additional command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) systems integration and cyber-capabilities to ManTech’s services portfolio.

Headquartered in Chula Vista, Calif., with a major presence in Stafford, Va., MTCSC provides C4ISR systems integration, cybersecurity and network-engineering solutions to U.S. government customers. The company holds several large contracts with the U.S. Marine Corps, the majority of which are for classified efforts. MTCSC will be integrated with ManTech’s systems engineering and advanced technology group, led by Terry M. Ryan.

"The addition of MTCSC will help ManTech further expand our cyber and C4ISR solutions portfolio, allowing us to provide more comprehensive services to current and future customers," Ryan said. "The company has a strong pipeline of business opportunities and is well-known for its support of the Marine Corps. We welcome MTCSC to the ManTech family and look forward to working together to support the vital missions of our intelligence and defense customers."

ManTech expects that the acquisition will contribute solid growth and operating margins and be accretive to its earnings per share in 2011.


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