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Herndon's ManTech Acquired For $4.2B by DC Firm Herndon's ManTech Acquired For $4.2B by DC Firm
Herndon's ManTech Acquired For $4.2B by DC Firm ManTech International, a Herndon-based defense contractor with more than 9,000 employees, will be acquired by Washington DC equity firm Carlyle Group for a cool $4.2 billion, the company announced. “This announcement is an important milestone for ManTech and a testament to our growth and the leadership position we have built since our founding by George Pedersen more than 50 years ago,” said ManTech CEO and President Kevin M. Phillips in a press release.  ManTech provides analytics and cybersecurity to the country's defense and intelligence agencies.  The all-cash deal received t…

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by Josh Lanier