ManTech International (Nasdaq: MANT) has bought the cyber businessÂ of Reston, Virginia-based wireless technology and engineering services company Oceans Edge for an undisclosed cash amount.
The deal addsÂ a suite of vulnerability research, development and analysis tools to ManTech’s cyber intelligence portfolio and seeks to includeÂ U.S. Cyber Command in the client base of ManTech, the companyÂ said Monday.
Fairfax, Virginia-based government services contractor ManTech expects the transaction toÂ be slightly accretive on its 2016 fiscal yearÂ financial results.
“This acquisition, along with our acquisition of KCG last year, expands our presence with customers who are critical to our nation’s future cyber operations and cyber defense, ” said Bill Varner, president and chief operating officer of ManTech’sÂ mission, cyber and intelligence solutions group.
ManTech acquired cybersecurity advisory services firmÂ Knowledge Consulting GroupÂ in June 2015, less than two months afterÂ it boughtÂ project management services providerÂ Welkin Associates fromÂ Computer Sciences Corp.Â (NYSE: CSC) through aÂ $34 million cash transaction.