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ManTech Boosts C4ISR Business with MTCSC Purchase; CEO George Pedersen Remarks

George Pedersen

ManTech (NASDAQ:MANT) has struck a deal to purchase C4ISR specialist firm MTCSC Inc. at a cost of $75 million.

The firm expects the deal to be finalized by the end of the year.

California-based MTCSC will become a part of ManTech’s Systems Engineering and Advanced Technology (SEAT) group when the deal closes.

“We are excited to expand our capabilities and customer footprint with the acquisition of MTCSC, ” CEO George J. Pedersen said. “The Marine Corps and C4ISR will continue to get priority funding. This acquisition fits well with ManTech’s long-term strategy of focusing on high-end defense and intelligence technology support.”

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