FAIRFAX, Va., Jan. 14, 2016 (GLOBE NEWSWIRE) -- The U.S. Department of Veterans Affairs (VA) has awarded ManTech Advanced Systems International Corporation (Nasdaq:MANT) a prime contract to design, develop, deploy, and provide operational maintenance support for a web-based Enterprise Terminology Tooling Suite (ETTS) and a compatible stand-alone PC-based Terminology Integrated Development Environment (TIDE). Under this contract, ManTech will provide VA with expanded system functionality to meet ongoing interoperability, meaningful use, and other terminology goals to provide improved services to veterans, clinicians, and veteran service providers. The firm-fixed-price contract has a 12-month base period of performance with two 6-month option periods and a potential total value to ManTech of $25.6 million.
"ManTech is extremely pleased to continue its longstanding efforts to serve veterans and to contribute to an improved veteran experience. Standardized terminology across clinical and non-clinical domains of the VA’s veteran support is essential to this mission. I am confident ManTech’s team of terminologists, system engineers, and architects will exceed expectations in supporting the VA’s interoperability, meaningful use, and terminology goals,” said Daniel J. Keefe, president and chief operating officer of ManTech’s Mission Solutions & Services Group.
About ManTech Advanced Systems 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, Veterans Affairs, and Justice, including the Federal Bureau of Investigation; 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 cyber security; command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) solutions and services; information technology (IT) modernization and sustainment; intelligence/counter-intelligence solutions and support; systems engineering; healthcare analytics and IT; global logistics support; test and evaluation; and environmental, range, and sustainability services. 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 "Risk 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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