FAIRFAX, Va., Jan. 31, 2014 (GLOBE NEWSWIRE) -- The U.S. Navy's Naval Facilities Engineering Command (NAVFAC) Pacific has awarded ManTech International Corporation (Nasdaq:MANT) a prime contract to provide range sustainability services for military training and testing range complexes and assets at various locations worldwide. The single-award, indefinite delivery, indefinite quantity contract has a 1-year base period and six 1-year options with a value to ManTech of $85 million.
Under the contract, ManTech will continue to provide NAVFAC Pacific with environmental services for military readiness activities including environmental and operational military range planning for the U.S. Pacific Fleet and other U.S. activities in the Pacific Ocean and the western United States. ManTech professionals will also continue to deliver critical planning solutions for complex environmental and regulatory challenges in order to sustain and enhance training and testing capabilities for the Navy and Marine Corps.
"NAVFAC Pacific has unique environmental and regulatory challenges associated with training sustainability and test ranges," said Dan Keefe, president and chief operating officer of ManTech's Mission Solutions & Services Group. "We are pleased to continue providing our integrated operational, analytics, and environmental planning expertise in support of the Navy's environmental planning initiatives."
About ManTech International Corporation
ManTech is a leading provider of innovative technologies and solutions for mission-critical national security programs for the intelligence community; the Departments of Defense, State, Homeland Security, Energy and Justice, including the Federal Bureau of Investigation (FBI); the health and space communities; and other U.S. federal government customers. We provide support to critical national security programs for approximately 50 federal agencies through approximately 1,000 current contracts. ManTech's expertise includes command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions and services; cyber security; global logistics support; information technology (IT) modernization and sustainment; intelligence/counter-intelligence solutions and support; systems engineering; test and evaluation; environmental, range and sustainability services; and healthcare analytics and IT. ManTech supports major national missions, such as military readiness and wellness, terrorist threat detection, information security and border protection. Additional information on ManTech can be found at www.mantech.com.
Forward-Looking Information
Statements and assumptions made in this press release, which do not address historical facts, constitute "forward-looking" statements that ManTech believes to be within the definition in the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties, many of which are outside of our control. These forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. Factors that could cause actual results to differ materially from the results we anticipate include, but are not limited to, the following: failure to obtain option awards, task orders, or funding under contracts; failure to realize the full amount of our backlog; renegotiation, modification, or termination of our contracts; or failure to perform in conformity with contract terms or our expectations. These and other risk factors are more fully discussed in the section entitled "Risks Factors" in ManTech's Annual Report on Form 10-K, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission.
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