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Business/Financial

ManTech To Acquire Gryphon Technologies For $350 Million

By Cal Biesecker

Monday, November 1st, 2021

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ManTech To Acquire Gryphon Technologies For $350 Million

Kevin Phillips, chairman, president and CEO of ManTech International. Photo: ManTech

ManTech International [MANT] on Monday said it has agreed to acquire Gryphon Technologies for $350 million in a deal that will expand its digital engineering capabilities with the Defense Department and provide it with new customers and contracts. The transaction is subject to regulatory approval and expected to close this year. “This acquisition maps directly to our Defense Sector expansion strategy of leveraging transformational innovation to advance missions, modernize operation and safeguard military systems and personnel across the DoD landscape,”…

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