Today I purchased ManTech International (MANT) for $48.08.  ManTech provides technologies and solutions for national security programs in the United States and internationally. The company’ supports cyber security,  intelligence operations and analysis support, and secrecy management and program security architecture.  In addition, the company provides technical services, such as communication systems and infrastructure support, global and domestic mission-critical logistics support, global property management, and global information technology modernization. ManTech International Corporation offers its products and services to U.S. federal government intelligence, military and civilian agencies, state and local governments, and commercial customers.

My Intrinsic Value estimate for ManTech is $77.60 so the stock is about 40% undervalued.  Utilizing my Kelly Formula Stock Investing Spreadsheet, I allocated 4% of the total portfolio to MANT.