Larry Prior Resigns from ManTech; George Pedersen, Others Assume Duties

Larry Prior

ManTech’s (NASDAQ:MANT) Lawrence B. Prior III stepped down from his role as president and chief operating officer.

ManTech International Chairman and Chief Executive Officer George J. Pedersen will, according to the firm, “assume the responsibilities of president of ManTech, and the three current Operating Group Presidents will assume the Chief Operating Officer duties for their respective operations.”

“We have an energetic and experienced leadership team that will continue to focus on top-line growth, profitability and additional corporate acquisitions that complement ManTech’s strategy, ” Pedersen said. “ManTech completed its last corporate acquisition in January, when it acquired Sensor Technologies Inc. The ManTech team will continue its excellent talent management and program execution around the world, where our 9, 000 employees support the nation’s critical missions.”

“ManTech is poised to continue its market-leading growth, and we are absolutely committed to being the best company in our industry by all measures, ” he added. “We believe our solid financial position will continue to be a catalyst for our success. We thank Larry for his contributions over the past year and wish him well in his future endeavors.”

You may also be interested in...

C-17 Globemaster III

State Dept Approves Canada’s $275M Boeing C-17 Aircraft Sustainment Request

The State Department has cleared Canada's request to procure sustainment services and associated equipment for C-17 Globemaster III transport aircraft, built by Boeing (NYSE: BA), from the U.S. government through a potential $275M foreign military sales agreement.

Raytheon Technologies

Raytheon Technologies Books $236M SOCOM Radar Production Contract

Raytheon Technologies (NYSE: RTX) will manufacture terrain-following/terrain-avoidance radar systems for the U.S. Special Operations Command under a multiyear, $235.6M contract.