ManTech recently announced its acquisition of DDK Technology Group, Inc., a provider of cyber security to the Department of Defense, with particular focus on the Naval Criminal Investigative Service (NCIS). Based in Lanham, Md., DDK is expected to generate approximately $14 million in revenue this year.
The acquisition comes at a time when defense companies are positioning themselves to meet growing demands on the cyber front. The Wall Street Journal reports U.S. losses from cyber breaches now run in the billions of dollars, with U.S. agencies from the Pentagon to the Department of Homeland Security having experienced major cyber-break-ins in recent years, including classified systems.
“This acquisition continues ManTech“™s focus on the high-end intelligence arena and expands our footprint in cyber security to NCIS,“ says George J. Pedersen, Chairman and CEO, ManTech International Corporation.
“Our company has grown around our excellent people and the critical mission requirements of our DoD customer base,” adds Jerry Donahoe, Managing Partner and Tim Donahoe, President of DDK. “Combining with ManTech allows DDK to offer broader solutions to our national security client base. Just as important, aligning our culture with ManTech will afford our professionals with expanded career development opportunities.“