- ManTech International Corp (NASDAQ:MANT) has received a $184 million contract award from the U.S. Naval Sea Systems Command (NAVSEA) Program Executive Office for Integrated Warfare Systems (PEO IWS).
- Under the five-year contract, ManTech will provide advanced technical engineering services that power full lifecycle management of IWS Combat Management Systems (CMS) for all U.S. Navy surface ships.
- “ManTech’s expertise in model-based systems engineering, agile software development, continuous integration/continuous delivery and systems integration will help drive rapid response to airborne attacks – and the ability to take the fight to enemies on land, sea or air in close to real time,” commented David Hathaway, General Manager and EVP of ManTech’s Defense Sector.
- Price Action: MANT shares are trading higher by 0.03% at $95.85 on the last check Wednesday.
Why Logistics Provider Ryder System’s Shares Are Shooting Higher Today
Dive into Ryder System's Q1 FY24 success story: a 4.95% sales surge to $3.098 billion, exceeding analyst forecasts. While Fleet management solutions revenue dipped by 3%, Supply Chain Solutions and Dedicated Transportation Solutions soared by 8% and 24% respectively. With EPS reaching $2.14, surpassing estimates, and strategic cost-saving initiatives yielding results.
