ManTech International Corp.  (MANT) Trade Now »     Rate MANT  -  Discuss MANT  -  Add to Watch List        

ManTech International Corp. (MANT) reported a 45% year-over-year increase in net income last quarter and has also raised full-year guidance for 2008. In August the company won a contract from the United States Army that could reach a value of $820 million.

Company Description

I recently reviewed the second quarter results and offered valuations for three small defense contractors: ManTech International  (MANT), VSE Corporation  (VSEC), and CPI Aerostructures (CVU).

It’s been a quite while since I took an initial look at ManTech International Corporation (MANT). Back in April 2007, the stock was trading at 33.27. It now stands at 59.29, a 78% increase. It’s time to look at how the company has performed during this period to ascertain whether or not this price appreciation is justified and, if so, whether the current price represents a good buying point.