ManTech International (MANT): Q2 EPS of $0.67 misses by $0.10. Revenue of $639M (-15% Y/Y)...

ManTech International (MANT): Q2 EPS of $0.67 misses by $0.10. Revenue of $639M (-15% Y/Y) misses by $106M. (PR)
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  • Teutonic Knight
    , contributor
    Comments (3786) | Send Message
    Defense contracting like this one is a bellwether of the 'body shops' of the 'outsourced DoD extension'.


    These are signs of the coming sequestration tsunami.


    They the outsourced contractors would be cut first before the cuts of the real core of the military and civilian government headcounts.


    Their only survival is merger and consolidation. Recall the wave of aerospace giants mergers in Bill Clinton's first term under the Al Gore 'National Review'; examples, Lockheed Martin, Northrop Grumman, General Dynamics, etc.


    Time to look out for good buys in takeover targets or PEI rollovers.
    1 Aug 2012, 04:12 PM Reply Like
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