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Search Results for: George Pedersen

Kevin Phillips Promoted to ManTech CEO; George Pedersen to Become Exec Chairman

Kevin Phillips, president and chief operating officer of ManTech International (Nasdaq: MANT) over the past year, has been promoted to CEO in a move that takes effect Jan. 1. ManTech said Wednesday Phillips will succeed George Pedersen, who will transition from his role as CEO to the position of executive chairman …

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George Pedersen: ManTech Eyes Cyber, Homeland Security Markets With KCG Acquisition

ManTech International (Nasdaq: MANT) has acquired Reston,  Virginia-based cybersecurity advisory contractor Knowledge Consulting Group for an unspecified amount. ManTech said Tuesday the acquisition will add approximately 200 cybersecurity professionals to the company’s mission, cyber and intelligence solutions group under the leadership of Bill Varner. “[The] acquisition of KCG fits with our strategy of …

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ManTech Buys Welkin Associates From CSC; George Pedersen Comments

ManTech International (NASDAQ: MANT) has acquired former Computer Sciences Corp. (NYSE: CSC) subsidiary Welkin Associates under a $34 million cash transaction as ManTech eyes engineering opportunities with the defense and intelligence sectors. ManTech said Tuesday Welkin will be part of its mission, cyber and intelligence solutions group under the leadership of Bill Varner. “This …

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

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 …

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George Pedersen: ManTech to Buy 7Delta in Healthcare IT Push

ManTech International (NASDAQ: MANT) has agreed to purchase Columbia, Md.-based technology management contractor 7Delta for an undisclosed sum that includes cash on hand and funding from ManTech’s existing line of credit. Fairfax, Va-based ManTech expects to close the transaction in May and anticipates the deal to increase its earnings per …

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George Pedersen: ManTech Targets DHS Growth With Allied Technology Group Purchase

ManTech International (NASDAQ: MANT) has acquired engineering and information management services contractor Allied Technology Group for an undisclosed amount. Rockville, Md-based Allied Technology holds positions on two Department of Homeland Security acquisition vehicles that are worth up to $33 billion combined for all awardees, ManTech said Wednesday. “This acquisition is consistent …

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ManTech Gains Prime on $4B CMS IDIQ Through ALTA Buy; George Pedersen Comments

  ManTech International (NASDAQ: MANT) has acquired information technology and professional services company firm ALTA Systems for an undisclosed amount.   ManTech said it used available cash to finance the acquisition and does not expect the transaction to affect its 2013 financial results. ALTA, which will join ManTech’s healthcare business, …

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ManTech Announces First Dividend Payment; George Pedersen Comments

George Pedersen, ManTech ManTech International’s (NASDAQ: MANT) board of directors declared an initial semi-annual cash dividend of $0.42 per share of common stock this week. The declaration marks a first for the company as it rolls out its new dividend program. Stockholders can expect to see payments after June 15 …

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ManTech Sees Gains in Financial Report; George Pedersen Comments

ManTech (NASDAQ:MANT) announced its financial results for the first quarter of 2011, ending March 31. The firm reported quarter revenue of $700.9 million, a 19 percent jump from the same period in 2010. “Our solid execution in the first quarter and the completion of the 2011 appropriations process give us …

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Another M&A Move for ManTech; Acquires TranTech, CEO George Pedersen Comments

ManTech (NASDAQ:MANT) has acquired TranTech for an undisclosed amount. The Alexandria, Va.-based outfit specializes in IT, networking and cybersecurity services. According to ManTech, the move will “enable ManTech to deliver technology services through TranTech’s prime position on the DISA ENCORE II contract, an ID/IQ vehicle with a $12 billion ceiling …

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