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Contract award hurts keyw Fairfax based mantech international reportedly won a coveted http://www.berdalecentres.co.uk/ national security agency contract last week disappointing at least one other local contractor. Though contractors typically avoid announcing program losses, hanover based keyw, a cybersecurity contractor known for working with intelligence agencies, announced last week that it had lost a systems integration contract it dubbed”Aura. ” Leonard e.Moodispaw, president and chief executive of keyw, said in an interview that keyw shared news of the loss because it had brought up the program with investors when it went public last year.He and other company officials had received repeated phone calls over the last month from investors eager for news on the program. In its statement, the company acknowledged disappointment about losing the contract, but insisted that the firm remains poised to grow.Moodispaw argued that keyw has won important contracts since going public that have diminished the significance of aura. “While it’s a very important program, we have gone so far in the last year since the [initial public offering] with new michael kors berdalecentres.co.uk things [that] we are going to continue to grow,”He said. Still, the news got a cool reception from investors.Keyw’s stock dropped nearly 30 percent in one day, from a close of $10 a share on monday, when the company announced the loss, to $7.75 a share as of Tuesday’s close. In a note, lazard capital markets reported last week that it believes mantech won the contract lost by keyw and that the program is with the national security agency.Lazard estimated the contract is worth as much as $100 million a year. The”[w]in sets MANT apart from peers,”Lazard wrote. “Every contractor discusses its ‘expertise’ in cybersolutions. [this win] sets it at Thetop echelon of value added cybersecurity providers. ” Mantech did not return requests for comment. Share on facebookshare share on twittertweet Superfan badge holders consistently post smart, timely comments about washington area sports and teams. More about badges request a badgeculture connoisseurs consistently offer thought provoking, timely comments on the arts, lifestyle and entertainment. More about badges request a badgewashingtologists consistently post thought provoking, timely comments on events, communities, and trends in the washington area.

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