Carlyle to acquire defence contractor ManTech in $4.2bn deal
Carlyle has agreed to acquire US-based defence contractor ManTech International Corporation in a deal carrying an enterprise value of $4.2bn.
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Carlyle has agreed to acquire US-based defence contractor ManTech International Corporation in a deal carrying an enterprise value of $4.2bn.
The $96.00 per share offered for ManTech is about 32 percent higher than ManTech’s share price on February 2 when rumors of a sale first surfaced.
The U.S. military is ready to take the next step in developing a nuclear rocket to help monitor Earth-moon space, an area it has deemed a high strategic priority.
In-person meetings with key customers are back on the agenda as well as spending increases in defense and intelligence.
ManTech is mindful that agencies have a great deal of catchup work to do if they get appropriations but some also have the ability to move quickly on th...