ManTech Wins $668 Million Prime Contract for CDM with Department of Homeland Security
HERNDON, Va., Sept. 05, 2018 (GLOBE NEWSWIRE) -- ManTech (Nasdaq:MANT) today announced a $668 million GSA FEDSIM award to support the Department of Homeland Security’s Continuous Diagnostics and Mitigation (CDM) Dynamic and Evolving Federal Enterprise Network Defense (DEFEND) program. Under the new six-year agreement, ManTech will serve as the prime contractor providing CDM capabilities and support to DHS and the 9 agencies in CDM Group E, strengthening their cybersecurity posture and improving their ability to rapidly respond to today’s rising threat of cyberattack.
The objectives of the CDM DEFEND effort are to reduce agency threat surfaces, achieve advantageous cost and price discounts for tools and capabilities, and accelerate the implementation and adoption of the CDM program within participating agencies.
Under this new task order, ManTech will support CDM efforts within the Department of Education (ED), Department of Housing and Urban Development (HUD), the HUD Office of Inspector General (HUD OIG), the Environmental Protection Agency (EPA), the Federal Deposit Insurance Corporation (FDIC), Nuclear Regulatory Commission (NRC), National Science Foundation (NSF), Securities and Exchange Commission (SEC), and Small Business Administration (SBA).
“ManTech has played a strategic role in the CDM program for over three years, supporting more than 65 agencies in both Phases 1 and 2, and we’re honored to continue supporting the CDM program’s critical role in defending federal networks,” said Kevin Phillips, ManTech president and CEO. “This latest award underscores their confidence in us as a long term trusted partner.”
“Government agencies are increasingly the target of sophisticated cyber threats. We’re excited to support the CDM program to rapidly implement advanced cyber capabilities and secure the critical missions of our customers,” said Rick Wagner, president, ManTech’s Mission, Cyber & Intelligence Solutions (MCIS) group.
DHS’s CDM program provides federal agencies with access to commercial solutions to rapidly identify cybersecurity risks and prioritize risks to mitigate the most significant problems first.
About ManTech
ManTech provides mission-focused technology solutions and services for U.S. defense, intelligence community and federal civilian agencies. Now in our 50th year, we excel in full-spectrum cyber, data collection & analytics, enterprise IT, systems and software engineering solutions that support national and homeland security. Additional information on ManTech can be found at .
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Statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of our control, and could cause actual results to differ materially from those we anticipate. For a written description of these factors, see the section titled “Risk Factors” in our most recent Annual Report on Form 10-K, as well as any updating information in our subsequent filings with the SEC. The forward-looking statements speak only as of the date hereof, and we disclaim any obligation to update them, whether as a result of a subsequent event or otherwise.
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