George Pedersen: ManTech Looks to Grow Healthcare, VA Work with Close of 7Delta Acquisition

George Pedersen
George Pedersen

ManTech International (NASDAQ: MANT) has finalized its acquisition of 7Delta Inc. a provider of applications and software development and integration services for the healthcare community.

7Delta will operate within ManTech’s mission services and services group under the leadership of Daniel Keefe, ManTech said Tuesday.

George Pedersen, ManTech chairman and CEO, said the company aims to grow its presence in the healthcare market and gain access to the Department of Veterans Affairs community.

ManTech will provide information technology modernization services to the VA under a five-year program, for which 7Delta is a prime contractor.

ManTech expects the transaction to raise its fiscal year 2014 revenues by nearly $50 million and earnings before interest, taxes, depreciation and amortization by $5 million.

Check Also


BGOV: Federal IT Spending Could Reach $27.2B in Q4 FY 2020

The federal government is expected to invest $27.7B for unclassified information technology contracts in the fourth quarter of fiscal year 2020 following increased spending for telework technologies in March, Bloomberg Government reported Thursday.

Patriot missile

Raytheon Technologies Books Potential $6B Modification on DLA Patriot Missile Repair, Maintenance Contract

The Defense Logistics Agency has awarded Raytheon Technologies (NYSE: RTX) a potential $6B contract modification to provide spare parts as well as engineering and repair services for the Patriot surface-to-air missile system.