ManTech International Corporation on Tuesday of last week announced it closed its acquisition of 7Delta, Inc., a Columbia, Md.-based IT company that serves the healthcare community and Veterans Affairs Department (VA) with software development, program management, systems integration and information assurance among other tasks.
The news just preceded Eric Shinseki’s Friday resignation from his role as VA secretary and amidst a high-profile scandal involving a VA inspector general finding failures in care at a Phoenix medical hospital.
ManTech announced the acquisition in April and the deal buys the Fairfax, Va.-headquartered IT and technical services firm an expanded investment in the healthcare IT business through work to the VA department.
7Delta maintains a prime position on the VA’s five-year Transformation Twenty-One Total Technology (T4) IDIQ contract — for which it has been awarded more T4 task orders than any other T4 prime contractor — aimed at helping the VA transform its IT programs.
ManTech Chairman George Pedersen, CEO, said his company welcomes the acquisition:
“This acquisition significantly enhances our healthcare presence, giving us access to a growing market at VA,” Pedersen said. “We are now one of the leading providers of federal healthcare IT solutions and services.”
7Delta through the acquisition will fall under ManTech’s Mission Solutions & Services Group led by Daniel Keefe.
“7Delta’s innovative technology management solutions and capabilities fit well with our existing healthcare IT business,” Keefe said. “With strong capability and presence across the entire spectrum of federal healthcare, ManTech is well positioned to modernize and integrate the electronic health record systems across the federal government.”
ManTech funded the acquisition primarily from cash on hand.