ManTech buys small business for ENCORE II access
TranTech Inc. sold for undisclosed amount
- By David Hubler
- Feb 14, 2011
ManTech International Corp. has acquired TranTech Inc., an Alexandria, Va., provider of information technology, networking and cybersecurity services to the federal government. Financial terms of the acquisition were not disclosed.
TranTech will be integrated into ManTech’s Technical Services Group, led by Louis Addeo, TSG group president and chief operating officer, according to the ManTech announcement today.
The acquisition will enable ManTech to deliver technology services through TranTech’s prime position on the Defense Information Systems Agency ENCORE II contract, an indefinite-delivery, indefinite-quantity contract vehicle with a $12 billion ceiling and performance period through 2018, the announcement said.
“ManTech has a consistent strategy of acquiring companies that drive our organic growth and help us provide additional services to our defense and intelligence customers,” explained ManTech Chairman and Chief Executive Officer George J. Pedersen in the announcement.
The ManTech announcement said it expects the acquisition will contribute solid growth and operating margins and be accretive to its earnings per share in 2011.
ManTech International Inc., of Fairfax, Va., ranks No. 31 on Washington Technology’s 2010 Top 100 list of the largest federal government contractors.
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.