- 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.
Citigroup Maintains Buy on Sonoco Products, Lowers Price Target to $72
Citigroup analyst Anthony Pettinari maintains Sonoco Products (NYSE:SON) with a Buy and lowers the price target from $73 to $72.