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Business/Financial

ManTech Nabs Potential $450 Million Enterprise Services Award From NASA

By Cal Biesecker

Monday, August 14th, 2017

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ManTech Nabs Potential $450 Million Enterprise Services Award From NASA

NASA has awarded ManTech International [MANT] a potential 10-year $450 million contract to provide a range of enterprise services for the agency’s Jet Propulsion Laboratory (JPL).The incumbent for the work had been Leidos [LDOS], which took charge of the contract when it acquired a former business segment of Lockheed Martin [LMT] last August. Lockheed Martin won the JPL enterprise services contract in 2008.ManTech’s contract is worth $180 million over four years and two potential three-year extensions bring the potential value…

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