MTC Technologies, Inc. (MTCT)

MTC Technologies, Inc. provides aircraft modernization and sustainment; professional services; command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR); and logistics solutions primarily to the defense, intelligence, civilian, and federal government agencies in the United States. Its modernization and sustainment solutions comprise development and implementation of acquisition strategies, cost modeling, identification of suppliers and vendors, contract performance monitoring, program planning and scheduling, financial management, operational effectiveness analysis, risk analysis, and security planning services. The company's professional services include acquisition management, systems engineering, technical, and advisory and assistance services to enable the functionality and performance of defense systems, weapons platforms, battlefield personnel, and delivery systems; systems engineering and technical services that consist of determination of systems requirements and goals; technology maturation; rapid prototyping; and design, development, and integration of new systems and subsequent sustainment and support. MTC Technologies C4ISR solutions comprise design, development, and management of reconnaissance platforms, real-time signal processing systems, sensors, and ground stations and data links, as well as evaluation and support of operational intelligence collection activities. The company's logistics solutions consist of planning and execution of logistics-based programs in military depots, arsenals, and manufacturing centers; development of logistics technologies; integration and production of systems; fielding and sustainment of units; and disposal of vehicles and equipment, as well as technical services, including a range of analytic and logistics services in support of operational forces deploying and redeploying from hostile operational areas. The company was founded in 1984 and is headquartered in Dayton, Ohio.

For the nine months ended 30 September 2006, MTC Technologies, Inc.'s revenues increased 10% to $304.8M. Net income decreased 5% to $15M. Revenues reflect an increase of $35M of revenues resulting from acquisitions. Net income was offset by an increase in general & administrative expenses due to higher non-cash stock compensation, increased salary & benefit expenses and higher intangible asset amortization due to acquisition.