ManTech reports improved sales, profit

ManTech International said late Thursday sales in its most recent quarter reached $497 million, up 18 percent from the same three-month period a year earlier.

The contractor said its quarterly profit hit $21.9 million, up 44 percent from the prior year.

In a call with analysts Thursday evening, Kevin Phillips, ManTech's chief executive, said the company still sees pockets of growth -- including in cybersecurity -- within the defense budget, even if the budget dips in fiscal year 2020.

"I think that the overall budget environment will be decent. It's been great," he said. "And we'll see what happens after that."