ManTech International Corporation announced Wednesday that it has completed its acquisition of Allied Technology Group, Inc.
Allied Technology Group, with headquarters in Rockville, Md., is an engineering and information management solutions company with strong customer relationships and strategic contracts with the Department of Homeland Security (DHS), according to ManTech.
ATG, a privately-held company, provides IT, engineering services, program management and training solutions to federal customers.Allied Technology Group will become part of ManTech’s Mission Solutions & Services Group, led by Daniel J. Keefe, according to ManTech.
“This acquisition is consistent with ManTech’s long-term strategy to extend our presence in growth markets,” said ManTech Chairman and Chief Executive Officer George J. Pedersen. “DHS represents a large and fast growing budget, and the acquisition of Allied Technology Group will enhance our positioning with this important customer.”
The acquisition will allow ManTech to deliver services through Allied Technology Group’s unrestricted prime positions on two DHS primary acquisition vehicles: the Technical, Acquisition, and Business Support Services (TABSS) and the Enterprise Acquisition Gateway for Leading Edge Solutions II (EAGLE II). Both of these indefinite-delivery, indefinite-quantity contracts, with a combined ceiling of $33 billion, are mandatory-use vehicles for most program management, systems engineering and information technology work at DHS, according to ManTech.
“We are delighted to join ManTech,” said Florina Hoffer, president of Allied Technology Group. “The combination of Allied Technology and ManTech will enable us to better serve our customers and will provide enhanced career development opportunities for our employees.”
ManTech has locations across the United States including in Virginia, Maryland and Washington, D.C. The company will fund the acquisition from cash on hand and expects Allied Technology to contribute solid growth and operating margins, and be accretive to ManTech’s earnings per share in 2014.
