ManTech Int'l Completes Acquisition Of 7Delta

(RTTNews) - ManTech International Corp. (MANT) said it has completed the acquisition of 7Delta, Inc. ManTech funded the acquisition primarily from cash on hand with minimal funding from its existing line of credit.

ManTech said 7Delta is a progressive company performing applications and software development, program management, systems integration, information assurance, and security architecture services primarily within the healthcare community at the Department of Veterans Affairs or VA.

ManTech noted that the acquisition enables the company to deliver services through 7Delta's prime position on the VA's Transformation Twenty-One Total Technology or T4 program.

The company said the T4 program is a 5-year indefinite delivery, indefinite quantity or IDIQ contract to help the VA transform its Information Technology programs. 7Delta has been awarded more T4 task orders than any other T4 prime contractor.