ManTech reports increased sales, lower profit in quarter

By Marjorie Censer / February 18, 2021 at 10:13 AM

ManTech International said this week sales in its most recent quarter totaled $639 million, up 6% from the same three-month period a year earlier.

The contractor reported quarterly profit of $32.2 million, down 21% from the prior year.

In 2020, sales hit $2.5 billion, up 13% from 2019. ManTech said its profit for the year hit $120.5 million, up about 6% from 2019.

The contractor attributed its sales growth to continued expansion from both contract awards and acquisitions.