ManTech International [MANT] on Wednesday said it acquired Allied Technology Group, Inc., an information technology (IT) and engineering services company that gives it prime contract positions on two large competitive contracts with the Department of Homeland Security (DHS).
Terms of the deal were not disclosed.
Maryland-based Allied Technology has unrestricted prime positions on DHS’ Technical, Acquisition, and Business Support Services (TABSS) and the EAGLE II contracts, which have a combined ceiling valued at $33 billion. The multi-awardee indefinite delivery, indefinite quantity contracts will allow ManTech to deliver services to DHS for most program management, systems engineering, and IT work at the department.
“This acquisition is consistent with ManTech’s long-term strategy to extend our presence in growth markets,” George Pedersen, ManTech’s chairman and CEO, said in a statement. “DHS represents a large and fast growing budget, and the acquisition of Allied Technology Group will enhance our positioning with this important customer.”
ManTech said it expects the deal to be accretive to earnings in 2014.
Allied Technology President Florina Hoffer will remain with the company, which will become part of ManTech’s Mission Solutions & Services Group.