The TriCare Management Activity (TMA) Contract Operations Division (COD) has awarded Evolvent Technologies, a wholly-owned subsidiary of ManTech International Corporation (NAS: MANT) a contract to provide new development and sustainment support for the AHLTA-Theater application to include code optimization, database conversion, capability and new feature additions, mobile computing enhancements, and code upgrades. The contract has a one-year period of performance plus two option years and has a value of $20.5 million if all options are exercised.
AHLTA-Theater is a clinical documentation and management application that has been developed and is sustained by the Defense Health Information Management System and serves as the military's electronic health record for service members in theater only. AHLTA-Theater maintains a comprehensive, lifelong, computer-based patient record for every soldier, sailor, airman, marine, and beneficiary entitled to Department of Defense military health care while they are in the theater of operations, such as Afghanistan and on ships worldwide.
ManTech supports military medicine throughout the world, through both site personnel and centralized programs for technology infrastructure, application and network management, telemedicine and information security.
"ManTech brings highly-skilled experience and understanding of the current AHLTA and AHLTA-Theater applications." said Terry M. Ryan, president and chief operating officer of ManTech's Emerging Markets Group. "We are pleased to continue our focus on delivering innovation for the success of military medicine's IT infrastructure."
About ManTech International Corporation
ManTech is a leading provider of innovative technologies and solutions for mission-critical national security programs for the intelligence community; the Department of Defense, including its health organizations; the departments of State, Homeland Security, Energy and Justice, including the Federal Bureau of Investigation (FBI); the space community; and other U.S. federal government customers. We provide support to critical national security programs for approximately 60 federal agencies through approximately 1,000 current contracts. ManTech's expertise includes command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) lifecycle support; cyber security; global logistics support; intelligence/counter-intelligence support; information technology (IT) modernization and sustainment; systems engineering; test and evaluation; and health IT. ManTech supports major national missions, such as military readiness, terrorist threat detection, information security and border protection. Additional information on ManTech can be found at www.mantech.com.
Statements and assumptions made in this press release, which do not address historical facts, constitute "forward-looking" statements that ManTech believes to be within the definition in the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties, many of which are outside of our control. These forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. Factors that could cause actual results to differ materially from those we anticipate include, but are not limited to: adverse changes in U.S. government spending levels for programs we support due to budgetary constraints affecting federal government spending, changing mission priorities or other factors; failure to obtain option awards, task orders or funding under the contract; risk of contract renegotiation, performance, modification or termination; competition; failure to maintain strong relationships with other contractors; and risks associated with complex U.S. government procurement laws. These and other risk factors are more fully discussed in the section entitled "Risks Factors" in ManTech's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on Feb. 24, 2012, and from time to time in ManTech's other filings. The forward-looking statements included in this news release are only made as of the date of this press release, and ManTech undertakes no obligation to publicly update any of the forward-looking statements made herein, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise.