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ManTech International

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FY2010 Annual Report · ManTech International
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To Our Shareholders

I am proud to report that 2010 was another outstanding year for ManTech. 
We  grew  our  revenues  by  nearly  30  percent,  including  over  10  percent 
organic  growth;  and  we  positioned  the  company  for  future  success  by 
completing  several  strategic  acquisitions  and  strengthening  our  balance 
sheet.  For the fi rst time in our history, our employee count exceeded 10,000.

Our 2010 performance and optimism 
about the future stem from three 
key growth drivers: our focus on U.S. 
government priorities with particular 
emphasis in mission-critical national 
security programs; our success at 
identifying and integrating strategic 
acquisitions that expand our 
competencies and are accretive to 
earnings; and our ability to recruit top-
notch talent and continue to build a 
management team that is second to 
none in program execution.  Centering 
on these three priorities will continue to 
generate value for our shareholders.

Mission-critical national security 
programs

ManTech is honored to be a valued 
partner to the U.S. government, as we 
address continuing global security 
challenges.  Our country is now fi ghting 
wars in Iraq and Afghanistan and we face 
growing threats from China, North Korea 
and Iran, as well as increased instability 
along our southern border.  The threat of 
cyber attack on our government and our 
critical resources looms ever larger, as our 
dependence on the digital infrastructure 
grows and our adversaries become more 
sophisticated.

Our government customers will 
increasingly focus their eff orts on their 
core missions and look to industry for 
the most effi  cient support.  ManTech has 

always been trusted to provide cost-
eff ective and mission-critical solutions, 
and that positioning will be crucial to 
our future success.  Key national security 
markets where we are strengthening 
our base and expanding our cyber 
footprint will continue to get priority 
funding, in particular cyber security; 
command, control, communications, 
computers, intelligence, surveillance and 
reconnaissance (C4ISR); logistics and 
sustainment services for the Warfi ghter; 
counter-terrorism and protection of the 
homeland; and sophisticated support 
to the intelligence community – areas 
where ManTech has established expertise 
and deep skills.  We continue to mine 
a robust pipeline of highly-qualifi ed 
employee candidates who have 
expertise in intelligence and key defense 
technologies. 

Strategic acquisitions

We completed three signifi cant 
acquisitions in 2010 that complement our 
capabilities and are delivering excellent 
fi nancial returns.  

Sensor Technologies, Inc. (STI), a leading 
provider of mission-critical systems 
engineering and C4ISR solutions to the 
U.S. Army, delivered more than $500 
million in revenues compared to $340 
million the previous year. STI’s prime 
contract position on the S3 contract 
vehicle  is helping us expand our mission-

George JJJ Pedersen
George J. Pedersen
Chairman of the Board and CEO

ManTech International Corporation 2010 Annual Report

 
critical C4ISR support to the U.S. Army. 
Several STI contracts enabled ManTech 
to develop additional business from our 
existing customer base.

With the addition of QinetiQ North 
America’s Security and Intelligence 
Solutions business, we now off er 
comprehensive solutions for the full 
range of security threats – from physical 
through cyber. A key prime contract 
with the U.S. Missile Defense Agency will 
be valuable as we continue to build our 
security capabilities.  

MTCSC, Inc. off ers C4ISR systems 
integration, cyber security and network 
engineering solutions, making it an 
excellent fi t.  MTCSC is a premier provider 
of integrated commercial-off -the-shelf 
products that support the U.S. Marine 
Corps’ C4ISR needs, and this gives us a 
strong platform from which to expand 
these services to other agencies in 
response to accelerating demand.

We began fi scal year 2011 with a small, 
but strategic, acquisition – TranTech, Inc., 
a provider of information technology, 
networking and cyber security services. 
TranTech provides ManTech a prime 
position on Defense Information Systems 
Agency (DISA) ENCORE II, a multiple-
award contract with a $12 billion ceiling 
and performance period through 2018. 
As DISA and the U.S. Cyber Command 
seek to protect and secure defense 
networks and information, we see a 
substantial pipeline of opportunities 
to provide a full range of innovative 
information technology, networking and 
cyber solutions.

Acquisitions remain an integral part of 
our growth strategy.  The issuance of $200 
million of senior notes in April 2010 and 
full availability under our $350 million 
revolving credit facility enhance our 
ability to complete additional accretive 
acquisitions to bolster our core off erings 
in high-end defense and intelligence 
and create a larger, stronger and more 
integrated ManTech. 

Top-notch talent and program 
execution

been up approximately 17 percent and 16 
percent, respectively.  

We continued to improve an already 
stellar balance sheet and cash fl ow 
levels. Cash fl ow from operating activities 
for 2010 was $171 million, or 1.4 times 
net income.  This excellent conversion 
ratio was the result of an effi  cient and 
disciplined cash management and 
collections process. We closed the year 
with $85 million in cash.  

A future fi lled with promise

For 43 years, we have successfully 
provided advanced technology for 
our country’s mission-critical national 
security programs.  This has been and 
will continue to be our hallmark. We are 
targeting continued organic growth in 
intelligence, global logistics, systems 
engineering and technology, with 
acquisitions centering on cyber security, 
C4ISR, border security, and smart power.  

Along with our mission success, our 
fi nancial performance has distinguished 
us as a leader in our peer group. Since 
our public off ering in 2002, our revenues 
and earnings per share have grown on 
a compound annual basis of about 20 
percent.  Our balance sheet and credit 
rating are as strong as ever, allowing us 
to invest in organic growth and strategic 
acquisitions.  Our $4.9 billion backlog of 
business represents a 30 percent increase 
compared to the same time last year. 
Our backlog and $2.8 billion of bookings 
in 2010 give us confi dence in our target 
of exceeding $3 billion in revenues this 
year – and we remain on a steady path 
to achieve our goal of $5 billion over the 
next several years.

We instituted a new management 
structure in 2010 with our three group 
presidents – Lou Addeo, Terry Ryan and 
Bill Varner – reporting directly to me 
and assuming chief operating offi  cer 
responsibilities for their groups. Together 
with our chief fi nancial offi  cer, Kevin 
Phillips, we form the senior executive 
leadership team for the company. This 
new organization has allowed us to 
take ManTech to even greater levels of 
performance by centering on growth 
opportunities, fi nding cost effi  ciencies, 
and delivering fl awless program 
execution for our customers.  

A fi tting tribute to our fl awless program 
execution was receiving the NASA 
Goddard Space Flight Center Contractor 
Excellence Award.  The award recognized 
our substantial contributions to NASA 
Goddard’s mission and our commitment 
to the philosophy of continuous 
improvement.  We were honored to 
receive this award in 2010 – the third time 
in the past 10 years.  Our 22-year history 
with this customer is a testament to the 
passion and dedication of our staff .  They 
remain as committed as ever to operate 
and maintain key technologies used 
in space fl ight support, most notably 
the Hubble Space Telescope.  We also 
received a number of less formal letters 
of commendation from other customers 
over the past year.

Rock-solid fi nancial performance

We have set aggressive growth goals and 
plan to increase market share over the 
next year.  Our 2010 revenues were $2.6 
billion, up 29 percent compared to 2009. 
Our net income for 2010 was $125 million, 
up 12 percent, with a diluted earnings 
per share of $3.43 marking a 10 percent 
increase over the prior year.  Excluding the 
impact of the increased interest expense 
incurred in connection with the issuance 
of $200 million in senior notes in April, 
net income and diluted EPS would have 

1

Who we are

ManTech International Corporation 
is comprised of approximately 10,300 
talented employees working in 49 states 
and approximately 40 countries around 
the world in support of our nation’s 
national security mission.  We adhere to 
the simple, no-nonsense values on which 
ManTech was founded more than four 
decades ago, aligning squarely with the 
mission objectives of our customers.  As 
our customer base continues to expand 
and diversify, we continue to diversify 
our workforce and solutions.  Half our 
employees have a military background, 
and more than 70 percent hold a 
government security clearance.  As a 
leading provider of innovative technology 
services and solutions for the nation’s 
defense, security, space, and intelligence 
communities, we hold nearly 1,000 active 

contracts with more than 40 diff erent 
government agencies, including:

•  All branches of the Armed Forces
•  Departments of Defense, State and 

Homeland Security

•  Department of Justice and the Federal 

Bureau of Investigation

•  National Oceanic and Atmospheric 

Administration

•  Space and intelligence communities
•  Other U.S. federal government 

agencies

Our technology services and solutions 
include:

•  Command, control, computers, 
communications, intelligence, 
surveillance and reconnaissance 
(C4ISR) lifecycle support

•  Cyber security services (intrusion-

detection and monitoring; security 
engineering; incident identifi cation 
and response; vulnerability assessment 
and penetration testing; cyber-threat 
analysis; and specialized cyber training 
services)

•  Global logistics and sustainment 

• 

• 

support
Intelligence/counter-intelligence 
support
Information technology modernization 
and sustainment

•  Systems engineering and test and 

evaluation
Integrated security solutions
• 
•  Network engineering solutions
•  Space systems development and 

operations

Financial Results

Results from Continuing Operations (in thousands, except EPS)

2006

2007

2008

2009

2010

Revenues    

$1,137,178

$1,448,098

$1,870,879

$2,020,334

$2,604,038

Operating income

$90,650

$113,704

$153,358

$179,079

$215,140

Income from continuing operations

$55,596

$67,327

$90,292

$111,764

$125,096

Diluted earnings per share

$1.64

$1.95

$2.55

$3.11

$3.43

Balance Sheet Summary

Cash and cash equivalents

$41,510

$8,048

$4,375

$86,190

$84,829

Accounts receivable

$236,445

$337,467

$407,248

$399,239

$528,765

Working capital

$168,189

$68,409

$140,744

$276,087

$282,496

Total assets

Total debt

$613,252

$937,503

$1,021,712

$1,100,747

$1,590,477

$0

$165,000

$44,100

$0

$200,000

Total stockholders’ equity

$459,016

$551,305

$680,536

$817,465

$966,343

2

ManTech International Corporation 2010 Annual Report

 
2010 Honors and Awards

ManTech is a security and technology leader that continues to earn national, regional, and industry recognition.

•  One of the 100 fastest-growing companies in the nation (Fortune® magazine)

•  A top-performing public company CEO among companies of $1 billion or more (Washington Business Journal)

•  The best defense-related acquisition of 2010 (Washington Technology)

•  NASA Goddard Space Flight Center Contractor Excellence Award (large business service category)

•  One of the top 10 military employers for fi ve consecutive years (G.I. Jobs magazine)

•  One of the top 10 best employers for veterans (Military Times EDGE magazine)

•  One of the largest employers in the Washington, D.C., area (Washington Business Journal)

CEO George J. Pedersen was named a 2011 Federal 100 winner by Federal Computer Week magazine, his second time to appear on the list.

Growing ManTech through Strategic Acquisition

Since our IPO in February 2002, ManTech has successfully acquired 17 businesses. Our most recent acquisitions strengthen our core off erings in 
national security and homeland defense, augment our cyber security capability and diversify our off erings into U.S. federal civilian agencies.

•  TranTech, Inc., a provider of information technology, networking and cyber security services to the federal government, was acquired 
      February 11, 2011.

•  MTCSC, Inc., a leading provider of C4ISR systems integration, cyber security and network engineering solutions to U.S. government customers, 

was acquired December 23, 2010.

•  QinetiQ North America’s Security and Intelligence Solution Business, a provider of integrated security solutions to the Department of 

Defense and the intelligence community, was acquired October 8, 2010.

•  Sensor Technologies, Inc., a leading provider of mission-critical systems engineering and C4ISR services and solutions to the Department of 

Defense, was acquired January 15, 2010.

Additional Financial Information

Stock Performance Graph

Comparison of 5-Year Cumulative Total Returns as of December 31, 2010

ManTech

S&P Midcap 400 Index

Russell 2000 Index

NASDAQ Composite

Peer Group

$200

$150

$100

$50

$0

$148.42
$138.83
$132.11
$124.45

$83.41

2005

2006

2007

2008

2009

2010

The adjoining stock performance graph compares ManTech 
common stock to the Nasdaq Stock Market (U.S.) Index, 
Standard & Poor’s MidCap 400 Index, the Russell 2000 Index 
and our Peer Group Index.*  The period measured is 
December 31, 2005 to December 31, 2010.  The graph 
assumes an investment of $100 for each of the groups with 
reinvestment of all dividends.  ManTech has never declared a 
cash dividend.

* Peer group consists of: CACI International Inc.; Dynamics Research   
  Corporation; NCI, Inc.; SAIC; and SRA International, Inc. 

3

What we do for our Customers

4

ManTech International Corporation 2010 Annual Report

Mission and Cyber Support
We tackle some of the most challenging cyber security problems facing our nation, including identifying 
and  neutralizing  external  cyber  attacks,  managing  security  operations  centers  (SOCs),  developing 
robust  insider  threat  detection  programs,  and  creating  enterprise  vulnerability  management 
programs.  Our services and solutions include:

Cyber Defense and Cyber Security

In today’s increasingly dangerous world, 
intelligence gathering and information 
sharing have become even more vital 
functions.  

communications; cyber security; 
systems engineering; tactical biometrics; 
counterterrorism analytics; application 
development; systems operations and 
maintenance; and other IT support. 

ManTech off ers a full complement of 
cyber technology services to help our 
defense and intelligence customers 
respond.  These include computer 
forensics, cyber threat analysis, computer 
crime investigation, security operations 
center management, specialized 
information assurance training, 
intelligence and counterintelligence 
operations and analysis, language 
translation and interpretation, and a host 
of security and support services such as 
secrecy architecture, program protection, 
and classifi cation management. 

ManTech’s 24/7 cyber security support 
to the Federal Bureau of Investigation 
(FBI) includes intrusion-detection 
monitoring; security engineering; incident 
identifi cation and response; vulnerability 
assessment and penetration testing; 
cyber-threat analysis; and specialized 
cyber-training services.  This best-in-class 
example – our largest cyber security 
operation center (SOC) award – is being 
replicated for other federal agencies. 
Added growth in our cyber defense 
business includes SOC support at the 
U.S. Department of Agriculture and the 
Federal Deposit Insurance Corporation. 

Expanded work with the FBI includes a 
newly awarded Information Technology 
Supplies and Support Services contract 
for which ManTech will provide secured 

Information Technology and 
Intelligence Operations

Our information technology solutions 
and mission support services enable 
national intelligence agencies and other 
classifi ed customers to assure continuous 
operations, improve data gathering 
and analysis, collaborate securely, and 
protect program security.  We provide 
the full range of intelligence operations 
technical solutions and support services, 
including secure information sharing 
and collaboration; multi-level, secure 
network engineering; service-oriented 
architectures; operations and analysis 
support; and secrecy management and 
program security architecture. 

ManTech supports the information 
technology and forensics mission of 
the National Media Exploitation Center 
(NMEC), the Center for Excellence for 
document and media exploitation, 
cyber, forensics, biometrics, and linguistic 
support to the intelligence community 
and the Warfi ghter.  Our development 
of cutting-edge document and media 
exploitation tools has allowed us to 
further grow this high-potential contract. 
Our diverse set of services ranges from 
program management and data center 
operations to systems engineering and 
architecture to forensic engineering.

5

What we do for our Customers

Biometrics:  The New Frontier for Defense Technologies

•  ManTech’s ability to deliver the latest technologies provides critical support to the nation’s law enforcement agencies. 
We were chosen to run the technical research and development arm of the DOJ’s National Institute of Justice (NIJ), 
the Sensor, Surveillance and Biometric Technologies Center of Excellence. Relying on our expertise in operational law 
enforcement, tactical biometrics and technology assessment, we are testing, evaluating and introducing the best new 
technologies to our nation’s law enforcers. 

•  Our support of the Defense Department’s Biometric Identifi cation System for Access is global and expansive, ranging 
from base-access control in Iraq and Afghanistan to operation and maintenance of the Biometrics Fusion Center in 
West Virginia. We provide software engineering, operations, hardware, software, telecommunications and training 
to include electronic fi ngerprint transmission, cardholder verifi cation and development of training materials based 
on real-world experience of the soldiers using the equipment. We also provide direct operational support to the 
Warfi ghter and user maintenance for the Tactical Biometrics Systems deployed in Iraq, Afghanistan, Kuwait, Djibouti, 
Germany, Qatar and Korea. 

6

ManTech International Corporation 2010 Annual Report

Systems Engineering and Advanced Technology
Our disciplined systems engineering support relies on a proprietary toolset, the ManTech Enterprise 
Framework, to guide us in integrating the full spectrum of project management, systems engineering 
and acquisition practices necessary to effectively manage a project or system over its life cycle.  
Our services and solutions include:

Systems Engineering

Testing and Evaluation

ManTech supports the entire system life 
cycle, from requirements defi nition and 
analysis through design and development, 
test and evaluation, and operational 
deployment.  As a premier provider of 
systems engineering services, our support 
of large-scale system development and 
acquisition programs spans government 
and industry clients, to include:

•  Support of current and future space 

launch operations on behalf of the U.S. 
Air Force Launch and Range Systems 
Wing 

For over 30 years, ManTech has provided 
testing and evaluation services for the 
Army, Air Force, Navy, NASA and others. 
This involves the testing of complex, 
mission-critical hardware and software 
systems and spans a variety of program 
needs:

•  Technical, administrative and 

operations support to the Defense 
Information Systems Agency, Joint 
Interoperability Test Command (JITC), 
to certify most tactical and strategic 
C4ISR systems 

•  Systems engineering, program 

•  Providing technology assessments, 

sensor modeling, situational awareness 
and test preparation and planning on 
behalf of the DHS’ Domestic Nuclear 
Detection Offi  ce 

•  Testing for C4ISR, navigation and 

sensor systems for reliability, availability 
and maintainability, electromagnetic 
interference/compatibility and security 
for the U.S. Army Electronic Proving 
Ground (Forts Huachuca, Hood, Bliss 
and Lewis; Aberdeen and Yuma Proving 
Grounds; White Sands Missile Range)

management support services, and 
education- and training-related tasks for 
the Department of Homeland Security’s 
Secure Border Initiative Program Offi  ce, 
which is responsible for protecting 
against and preventing terrorist attacks 
and other transnational crimes

•  Engineering, technical and program 
management support for submarine 
and surface ship silencing programs 
for the Naval Surface Warfare Center 
(Carderock Division)

•  Technical and engineering services 
for combat identifi cation and air-
traffi  c control systems supporting the 
U.S. Naval Air Warfare Center Aircraft 
Division

•  Program, engineering and technical 
services for Naval Undersea Warfare 
Center’s acoustic testing

7

What we do for our Customers

8

ManTech International Corporation 2010 Annual Report

Technical Services
We provide maintenance and sustainment, supply chain management, and infrastructure support for 
communications; intelligence, surveillance and reconnaissance; and other systems. Our services and 
solutions include:

Global Logistics

In deployed, isolated and remote 
locations worldwide, ManTech provides 
mission-critical logistics support. Key 
services include warehousing; logistics 
management; property management; 
shipping and receiving; repair and 
maintenance; unique system training 
and curriculum support; resource 
management and inventory training.

Our logistics work on behalf of the 
military includes:

•  Maintenance and repair of mine-

resistant, ambush-protected vehicles 
(MRAP) and MRAP all-terrain vehicles 
predominantly in Iraq and Afghanistan 
on behalf of the U.S. Army

• 

Integrated logistics support services for 
the U.S. Army Sustainment Command 
in the Pacifi c region, to include pre-
deployment training equipment, 
theater-provided equipment and 
supply support activity

Intelligence, Surveillance and 
Reconnaissance Services

Mission-critical C4ISR solutions, a 
particular stronghold for ManTech, have 
been bolstered by the acquisitions of 
Sensor Technologies, Inc. and MTCSC, Inc. 

In work with the National Reconnaissance 
Offi  ce, Department of Defense, Missile 
Defense Agency and all the military 
services, ManTech develops, tests and 

fi elds the ground, airborne and space 
systems that fulfi ll today’s tactical ISR 
requirements.  Our expertise also includes 
the rapidly growing fi eld of unmanned 
systems. For nearly every major U.S. 
confl ict since 1990 – including missions in 
Kuwait, Afghanistan and Iraq – ManTech 
engineers and technicians make certain 
that intelligence and electronic warfare 
systems and C4ISR equipment are in 
good working order as part of our on-the-
ground support to the U.S. Army. Some 
notable examples of our work include:

•  Managerial, logistics, administrative 
and business services for the Base 
Expeditionary Target Surveillance 
Systems – Combined in Iraq

•  Field software and systems 

engineering support to the U.S. 
Army Communications-Electronics 
Management Command’s Software 
Engineering Center Field Support 
Directorate in support of the Army’s 
evolving tactical C4ISR eff orts

•  Technical support services to augment 
C4ISR required by multiple Defense 
Department and other federal agencies 
on behalf of the Space and Naval 
Warfare Systems Command Center 
Atlantic

•  Continuous cell phone coverage for 
operational forces in Afghanistan

9

Why Choose ManTech?

We believe ManTech is the most effi  cient 
provider of mission-critical services in 
the federal government marketplace.  
We have earned the trust and 
confi dence of our customers, employees 
and investors.  This has translated into 
a track record of customer retention 
and growth, employee loyalty and 
recognition, and shareholder value.   

Customer-driven

Our primary customer is the U.S. federal 
government. In today’s increasingly 
dangerous world the need for 
sophisticated intelligence gathering and 
information sharing activities is greater 
than ever. The dynamic threat America 
faces – from shootings to car bombs to 
simultaneous suicide attacks to in-fl ight 
bombings of passenger aircraft – calls for 
reliance on companies like ManTech to 
help the intelligence, law enforcement 
and defense communities execute 
their mission. 

Employee-centered

For more than 10,000 highly skilled 
employees, ManTech is their employer 
of choice.  In 2010, we added over 2,000 
new hires – a record number – and we 
are proud that half of our new recruits are 
military veterans.  We target candidates 
who have served in the military or 
as civilian experts in the intelligence 
community and Department of Defense, 
as well as experts in the technology 
disciplines. Our partnership with the U.S. 
Army Reserve allows both organizations 
to identify young people interested in 
serving the nation and pursuing a career 
in mission-critical technologies.

A robust employee referral program 
helps us identify and recruit top-
quality candidates, and our market 
competitive benefi ts and opportunities 
for professional development and growth 
continue to attract a stellar cadre of 
applicants.  ManTech attracts superior 
professionals and emphasizes employee 

10

ManTech International Corporation 2010 Annual Report

retention, and we have reduced our 
voluntary attrition rate in each of the last 
two years.  We off er:

•  Challenging assignments that support 

our country and fulfi ll our clients’ 
mission-critical needs

•  Job security, coupled with competitive 
compensation and incentive plans

•  Opportunities for professional growth 
and development through ManTech 
University, our in-house corporate 
learning and professional development 
arm

•  A Career Mobility Program that helps 
identify new career opportunities for 
active employees

•  Matched employee contributions 
to charities that provide relief, and 
engagement in events that promote 
wellness and advance health

Investor-focused

As a premier provider of technology 
and engineering services and solutions 
to the federal government market, our 
strategy centers on growing our business 
strategically and profi tably. The pillars of 
our strategy are:

•  Expand within our national security 
base through a holistic approach that 
capitalizes on our global footprint and 
existing customer base to cross-sell our 
broad array of solutions

•  Target high-growth segments of the 
market, in particular cyber security, 
information assurance and C4ISR 
lifecycle support, and fast growing 
areas such as smart power and border 
security

•  Leverage our competitive 

advantages, including our experience 
on mission-critical technology 
solutions, our global presence and the 

reputation ManTech has earned as a 
trusted partner to the intelligence and 
defense communities

•  Pursue strategic acquisitions that 
broaden our domain expertise and 
service off erings, with particular 
focus on building our core off erings 
in national security and homeland 
defense; augmenting our cyber 
security capability; and diversifying into 
U.S. federal civilian agencies

•  Maintain our relentless focus 

on effi  ciency by off ering a strong 
value proposition to our customers 
that identifi es ManTech as a cost-
competitive provider that is well-
positioned in the marketplace

•  Attract and retain highly dedicated 
and cleared personnel to build the 
key managers and technical staff  
needed to meet our growth objectives

11

How we support the community

Community involvement is a mainstay 
of our corporate culture, and our 
employees are committed to making 
a real diff erence in the communities in 
which we operate. 

Our team members at all levels select 
and participate in charitable activities 
they care deeply about. In partnership 
with CharityWorks, a major philanthropic 
organization in the Washington, D.C. 
metropolitan area, ManTech participates 
in combined giving campaigns in which 
employees donations are matched by the 
company and its leadership.

Given our legacy with the national 
defense agencies, much of our 
philanthropic giving and volunteerism 
aims to support the military men and 
women who serve our country and their 
families. We support the Injured Marine 
Semper Fi Fund, a group dedicated 
to providing aid to those injured in 

the line of duty and their families by 
linking them to health, employment, 
childcare, housing, and education and 
training services.  In 2010, employees 
gave $25,000 and ManTech contributed 
$75,000, making our total donation 
$100,000 to this worthy group. 

In support of the CIA Offi  cers Memorial 
Foundation, ManTech contributed to the 
fund for the children and spouses of CIA 
offi  cers killed in action or who have died 
on active duty.  ManTech also provides 
support to the Special Operations Warrior 
Foundation (SOWF) to advance its eff orts 
to provide a college education to every 
child with a parent who died during an 
operational or training mission for the 
Army, Navy, Air Force or Marine Corps 
Special Operations. This also includes 
the surviving children of soldiers who 
died fi ghting our nation’s war against 
terrorism, “Operation Enduring Freedom,” 
in Afghanistan and the Philippines, as well 

12

ManTech International Corporation 2010 Annual Report

as “Operation Iraqi Freedom.”
ManTech’s support of the “Special 
Guests” program of the Virginia Chamber 
Orchestra helps make it possible for 
wounded warriors and their families 
to attend complimentary orchestra 
performances and dinner during the 
concert season.  For wounded warriors 
unable to leave the hospital to attend a 
concert, the Virginia Chamber Orchestra 
performs at the Walter Reed Army 
Medical Center in Washington, D.C.

Our support of education is broad-based. 
Our aim is to strengthen the pipeline 
and make our local communities a better 
place.  A sampling of our regional eff orts 
includes:

•  A partnership with the Northern 
Virginia Urban League to sponsor 
a high school student with a paid 
internship at ManTech and a partial 
college scholarship

•  Supplemental academic instruction, 

tutoring, homework help, test 
preparation, life skills training and 
cultural enrichment activities at the 
Washington, D.C.-based The Fishing 
School

•  A partnership with the Ivymount 
School, in which we host student 
interns at our corporate headquarters 
as part of the school’s “Transition-to-
Work Program for Special Students”

•  Promotion of early literacy by providing 
books to ill or hospitalized children 
through Reach Out and Read, with 
ManTech student interns collecting 
more than 900 children’s books for the 
“Summer of a Million Books” campaign 
book drive

13

Commitment to Corporate Governance

14

ManTech International Corporation 2010 Annual Report

Investor confi dence in ManTech is of paramount importance to us, and our corporate 
governance policies provide a framework for the effi  cient operation of our company, 
consistent with the best interests of our stockholders and applicable legal and 
regulatory requirements. 

ManTech has a system of controls and procedures designed to ensure the integrity and accuracy of our 
fi nancial results.  At ManTech, we have always been diligent in complying with our established fi nancial 
accounting policies (consistent with GAAP) and in reporting our results with objectivity and the highest 
degree  of  integrity.    We  are  committed  to  providing  fi nancial  information  that  is  transparent,  timely, 
complete, relevant and accurate. 

We are also committed to rigorously and diligently exercising our oversight responsibilities throughout the 
company, managing our aff airs consistent with the highest principles of business ethics, and meeting or 
exceeding the corporate governance requirements of the SEC and NASDAQ.  Some of the steps we have 
taken to fulfi ll this commitment include: 

•  A majority of our Board members are independent of ManTech and its management

•  Our key Board committees – the Audit Committee, the Compensation Committee and the  

Nominating and Corporate Governance Committee – are comprised solely of independent directors

•  Our independent directors meet regularly in executive session, without management present 

•  The charters of our key Board committees clearly establish their respective roles and responsibilities 

and are publicly available

•  Our Nominating and Corporate Governance Committee has established a formal policy regarding 

the recommendation of director candidates by our stockholders, a copy of which is available on our 
Website

•  We have a code of business conduct and ethics that is monitored by our Corporate Compliance 

Department, a copy of which is available on our Website 

•  We have an ethics offi  ce with a hotline available to all of our employees, and our Audit Committee 
has procedures in place for the anonymous submission of employee complaints about accounting, 
internal control or auditing matters

We are devoted to ensuring that the high standards that we have established are consistently maintained.  
Our culture demands integrity and an unyielding commitment to strong internal practices and policies.  
We have the highest confi dence in our fi nancial reporting, our underlying system of internal controls, and 
our people.  We thank you for the confi dence you have placed in us. 

George JJJ Pedersen
George J. Pedersen
Chairman of the Board and CEO

15

 
Our Leadership Team

Management Team

Left to Right

Louis M. Addeo – President and Chief Operating Offi  cer, 
ManTech Technical Services Group

Kevin M. Phillips – Executive Vice President and Chief Financial 
Offi  cer, ManTech International Corporation

George J. Pedersen – Chairman of the Board and Chief
Executive Offi  cer, ManTech International Corporation

Terry M. Ryan – President and Chief Operating Offi  cer, 
ManTech Systems Engineering and Advanced Technology Group

L. William Varner – President and Chief Operating Offi  cer, 
ManTech Mission, Cyber and Technology Solutions Group

Board of Directors

Top Row, Left to Right

Bottom Row, Left to Right

George J. Pedersen – Chairman of the Board and Chief Executive Offi  cer

Ambassador Richard L. Armitage – Former Deputy Secretary of State; Former 
Assistant Secretary of Defense; Former Presidential Special Envoy during the 
Gulf War

Walter R. Fatzinger, Jr. – Director, Chevy Chase Trust Company and Director, ASB 
Capital Management, Inc.

Admiral David E. Jeremiah – U.S. Navy (Ret.) – Former Vice Chairman of the Joint 
Chiefs of Staff 

Mary K. Bush – Founder and President, Bush International; Former Managing 
Director, Federal Housing Finance Board

Richard J. Kerr – Former Deputy Director, Central Intelligence Agency and 
CIA Offi  cer

Barry G. Campbell – Former Chairman and Chief Executive Offi  cer, Tracor Systems 
Technology, Inc.

Lieutenant General Kenneth A. Minihan, – USAF (Ret.) – Managing Director of 
the Homeland Security Fund for Paladin Capital Group; Former Director, National 
Security Agency; Former Director, Defense Intelligence Agency

Stephen W. Porter – Senior Counsel, Arnold and Porter

16

ManTech International Corporation 2010 Annual Report

Corporation Information

Corporate Headquarters
ManTech International Corporation
12015 Lee Jackson Highway
Suite 800
Fairfax, VA 22033-3300
Main: (703) 218-6000
Fax: (703) 218-8296

Website
www.mantech.com

Employment
It is ManTech’s policy to recruit, hire, employ, 
train and promote persons in all job 
classifi cations without regard to race, color, 
religion, sex, age, national origin, disability or 
any other characteristics protected by law.

Shareholder Information

Transfer Agent
Stockholders may obtain information with respect to share position, transfer requirements, address 
changes, lost stock certifi cates and duplicate mailings by writing or telephoning:

American Stock Transfer & Trust Co. 
6201 15th Avenue, Brooklyn, NY 11219
Attn: Shareholder Services
800-937-5449 or 718-921-8124  •  www.amstock.com

Annual Meeting
ManTech’s Annual Meeting will be held on Thursday, May 12, 2011, 11:00 am ET, 
at the Fair Lakes Hyatt, Fairfax, VA 

Class A Common Stock
Stock symbol: MANT
Listed: NASDAQ National Market

Independent Auditors
Deloitte & Touche LLP 
McLean, VA

Investor Communications
Investors seeking the Form 10-K and additional information about the Company may call 
703-218-6000, write to Investors Relations at our corporate headquarters, or send an email to 
investor@mantech.com.  ManTech’s earnings announcements, news releases, SEC fi lings and 
other investor information are available in the Investors section of our Website. 

Forward-Looking Statement
This summary annual report contains forward-looking statements that involve substantial risks and uncertainties, many of which are outside of our control. 
You can identify these forward-looking statements by the use of words such as “may,” “will,” “intends,” “should,” “expects,” “plans,” “projects,” “anticipates,” “believes,” 
“estimates,” “predicts,” “potential,” “continue,” or “opportunity,” or the negative of these terms or words of similar import.  You should read our forward looking 
statements carefully; because they discuss our future expectations, make projections of our future results of operations or fi nancial condition, or state other 
forward-looking information.

Although forward-looking statements in this summary annual report refl ect the good faith judgment of management, such statements can only be based 
on facts and circumstances currently known to us.  Consequently, these forward-looking statements are inherently subject to risks and uncertainties; and 
actual results and outcomes may diff er materially from the results and outcomes we anticipate. Factors that could cause actual results to diff er materially from 
the results we anticipate include, but are not limited to the following: adverse changes in U.S. government spending priorities; failure to retain existing U.S. 
government contracts, win new contracts or win recompetes; adverse changes in future levels of expenditures for programs we support caused by budgetary 
pressures facing the federal government; risks associated with complex U.S. government procurement laws and regulations; adverse results of U.S. government 
audits of our government contracts; risk of contract performance, modifi cation, or termination; failure to obtain option awards, task orders, or funding under 
contracts; adverse changes in our mix of contract types; risks of fi nancing, such as increases in interest rates and restrictions imposed by our outstanding 
indebtedness, including the ability to meet fi nancial covenants and risks related to an inability to obtain new or additional fi nancing; failure to successfully 
integrate recently acquired companies or businesses into our operations or to realize any accretive or synergistic eff ects from such acquisitions; failure to 
identify, execute or eff ectively integrate future acquisitions; and competition.  These and other risk factors are more fully discussed in the section entitled “Risk 
Factors” in ManTech’s Annual Report on Form 10-K fi led with the Securities and Exchange Commission on February 25, 2011, Item 1A of Part II of our Quarterly 
Reports on Form 10-Q and, from time to time, in ManTech’s other fi lings with the Securities and Exchange Commission. 

We urge you not to place undue reliance on these forward-looking statements, which speak only as of the date of this summary annual report.  We undertake 
no obligation to update any of the forward-looking statements made herein, whether as a result of new information, subsequent events or circumstances, 
changes in expectations, or otherwise.  We also suggest that you carefully review and consider the various disclosures made in our Annual Report on Form 10-K 
and other fi lings with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may aff ect our business, 
fi nancial condition, results of operations, and prospects.

17