ManTech International has signed a definitive agreement to acquire systems engineering firm Gryphon Technologies from AE Industrial Partners for $350 million.
Gryphon Technologies provides advanced digital and systems engineering capabilities for Defense Department agencies, and offers model-based systems engineering, predictive analytics, data/computational science and cloud engineering solutions.
“This acquisition maps directly to our Defense Sector expansion strategy of leveraging transformational innovation to advance missions, modernize operations and safeguard military systems and personnel across the DOD landscape,” said Kevin M. Phillips, chairman, CEO and president of ManTech. “We are very pleased to welcome Gryphon’s talented employees, sophisticated capabilities and customers.”
The acquisition adds over 1,500 employees to ManTech’s team and will expand ManTech’s DOD footprint and suite of capability offerings with digital engineering solutions.
“We are very excited to become a part of ManTech, a recognized leader in supporting national and homeland security,” said Gryphon CEO and Founder P.J. Braden. “This is a great opportunity for our employees, who will benefit from ManTech’s more than 50 years of serving our nation, as well as its advanced professional development and commitment to career enablement.”