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Virginia’s NCI closes on MTC Tech assets buy

March 18th, 2008

RESTON, VA—NCI Inc. (NASDAQ:NCIT), a which sells information technology and professional engineering services and solutions to U.S. federal government agencies, has closed its acquisition of certain assets of MTC Technologies Inc.

These assets will be used to conduct business under the Program Executive Office Soldier, Project Manager Soldier Warrior, and Project Manager Soldier Equipment (PEO Soldier, PM SWAR and PMSEQ) contract, a $238.5 million single award.

It has a ceiling value of $382 million.
The terms of the acquisition and the impact on 2008 guidance will be provided by NCI in its first quarter 2008 financial results conference call scheduled for Tuesday, April 29, 2008 at 5:00 pm ET.
On the Web: www.nciinc.com

 

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