ManTech Issues 2017 Guidance - Quick Facts

(RTTNews) - ManTech International Corp. (MANT) announced the company expects to achieve fiscal 2017: revenue of $1.625 - $1.700 billion; and earnings per share of $1.42 - $1.51. The company said its guidance is supported by a backlog of business at the end of the quarter of $4.9 billion, including $1.0 billion of funded backlog, as well as a strong pipeline of new opportunities and improving government funding levels.

ManTech CFO Judith Bjornaas said, "Our capital deployment program will continue to be focused on a disciplined acquisition program that will support long-term business growth and we expect to maintain our current regular cash dividend program. In 2017, we will continue to position and align the business to capture additional market share."

The Board of Directors has declared that the company will pay a cash dividend of $0.21 per share on March 24, 2017, to all common stockholders of record as of March 10, 2017, as part of its regular quarterly cash dividend program.