ManTech completes acquisition of Knowledge Consulting Group
Fairfax-based ManTech International Corp. has completed its acquisition of Knowledge Consulting Group (KCG), a cybersecurity advisory firm.
Financial details of the acquisition were not disclosed.
Founded in 2000 and based in Reston, KCG focuses on anticipating threats and implementing defensive countermeasures.
The acquisition adds more than 200 cybersecurity employees to ManTech's Mission, Cyber and Intelligence Solutions Group.
The acquisition will be slightly accretive to 2015 financial results.
ManTech said it will fund the acquisition from cash on hand with additional funding from its existing line of credit.
ManTech provides support to national security programs for about 50 federal agencies through approximately 1,100 current contracts.