Science & Technology
Fri, September 3, 2010Thu, September 2, 2010Wed, September 1, 2010Tue, August 31, 2010Mon, August 30, 2010Fri, August 27, 2010Thu, August 26, 2010Wed, August 25, 2010Tue, August 24, 2010Mon, August 23, 2010Fri, August 20, 2010Thu, August 19, 2010Wed, August 18, 2010Tue, August 17, 2010Mon, August 16, 2010Sat, August 14, 2010Fri, August 13, 2010Thu, August 12, 2010ManTech Named One of FORTUNEa?S a100 Fastest-Growing Companiesa
Published in Science and Technology on Tuesday, August 24th 2010 at 5:10 GMT by Market Wire
FAIRFAX, Va.--([ BUSINESS WIRE ])--ManTech International Corporation (NASDAQ:MANT) ([ www.mantech.com ]), a leading provider of technical and engineering services and solutions vital to the nation's interest and security, announced that it was ranked on the 2010 a100 Fastest-Growing Companiesa list by FORTUNE magazine. One of only a handful of companies based in the D.C. metro area to receive this recognition, ManTech achieved a three-year annual growth rate of 23 percent to rank 97 on this yeara™s list.
"It is truly an honor to be acknowledged as one of the nationa™s top-growing companies"
The full list and related stories appear in the September 6, 2010, issue of FORTUNE, and at [ http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2010/index.html ].
ManTech is a true entrepreneurial success story. From its modest beginnings as a two-person start-up entity in 1968, the company has become an established leader supporting the federal government by providing mission-critical technology and technical services. Traded on the NASDAQ since 2002, ManTech has grown both organically and through more than a dozen major strategic acquisitions.
aIt is truly an honor to be acknowledged as one of the nationa™s top-growing companies,a said ManTech Chairman and Chief Executive Officer George J. Pedersen. aManTecha™s growth and success serve as a reflection of the hard work and dedication of more than 9,000 extremely talented employees around the world. Their achievements and innovations not only contribute to ManTecha™s success, but more importantly, play a vital role in protecting our nationa™s security.a
To qualify for 100 Fastest-Growing Companies, foreign or domestic companies had to meet the following criteria: Be trading on a major U.S. stock exchange; file quarterly reports with the Securities and Exchange Commission (SEC); have a minimum market capitalization of $250 million and a stock price of at least $5 on June 30, 2010; and have been trading continuously since June 30, 2007. The company must also have revenue and net income of at least $50 million and $10 million, respectively, for the four quarters ended on or before April 30, 2010. Finally, the company must have posted an annualized growth in revenue and earnings per share of at least 15 percent annually over the three years ended on or before April 30, 2010.
Companies that met the above criteria were ranked by revenue growth rate, earnings per share (EPS) growth rate, and three-year annualized total return for the period ended June 30, 2010. (To compute the revenue and EPS growth rates, FORTUNE uses a trailing four quarters log linear least square regression fit.) The overall rank was based on the sum of the three ranks. Once the 100 companies were identified, they were then re-ranked within the 100, using the three equally weighted variables. If there is a tie, the company with the larger four-quarter revenue receives the higher rank.
About ManTech International Corporation
Headquartered in Fairfax, Va., with approximately 9,100 professionals, ManTech is a leading provider of innovative technologies and solutions for mission-critical national security programs for the intelligence community; the departments of Defense, State, Homeland Security and Justice; the space community; the National Oceanic and Atmospheric Administration; and other U.S. federal government customers. ManTech's expertise includes systems engineering, systems integration, enterprise architecture, cyber security, information assurance, intelligence operations and analysis support, network and critical infrastructure protection, information operations and information warfare support, information technology, communications integration, global logistics and supply chain management, and service-oriented architectures. Additional information on ManTech can be found at [ www.mantech.com ].
