ManTech International Corp. will acquire McDonald Bradley Inc., a prime contractor on the Homeland Security Department’s EAGLE contract, for $76.5 million in an all-cash deal.
McDonald Bradley’s work focuses on the Defense and Homeland Security departments and the U.S. intelligence agencies. The company provides secure information sharing and information technology solutions.
DOD, DHS and intelligence markets account for more than 60 percent of the company’s revenue, and the Defense Intelligence Agency is its largest customer, company officials said.
EAGLE stands for Enterprise Acquisition Gateway for Leading Edge Solutions. McDonald Bradley is one of the 25 prime contractors on the project. Another 28 small businesses also are qualified to receive tasks under the contract. The seven-year, $42 billion indefinite-delivery, indefinite-quantity contract is structured so that companies compete against one another for individual task orders.
Privately held McDonald Bradley is based in Herndon, Va. The company provides service-oriented architectures, data interoperability and information assurance services.
“McDonald Bradley is in line with our [merger and acquisition] strategy and deepens our capabilities in the high-end defense, intelligence and homeland security markets and expands our presence into new markets,” said George Pedersen, ManTech’s chairman and chief executive officer.
“McDonald Bradley brings us a prime position on the DHS EAGLE contract and other new customers, which is consistent with our strategic plan to broaden our business base into new agencies,” said Robert Coleman, president and chief operating officer at ManTech.
ManTech expects to close the acquisition by the end of the year.
ManTech recently closed its $170 million cash and credit acquisition of SRS Technologies Inc. That acquisition was designed to broaden the ManTech’s footprint in the high-end intelligence, homeland security and defense markets.
ManTech, of Fairfax, Va., ranks No. 31 on Washington Technology’s 2007 Top 100 list of the largest federal government prime contractors.
