Stephen Vather - ManTech International Corp. Kevin M. Phillips - ManTech International Corp. Judith L. Bjornaas - ManTech International Corp. Matt Tait - ManTech International Corp. Richard J. Wagner - ManTech International Corp.

Kwan Hong Kim - SunTrust Robinson Humphrey, Inc. Gautam Khanna - Cowen and Company, LLC Edward S. Caso - Wells Fargo Securities LLC Joseph A. Vafi - Loop Capital Markets LLC Joseph William DeNardi - Stifel, Nicolaus & Co., Inc. Ben Klieve - Noble Financial Capital Markets Brian Ruttenbur - Drexel Hamilton LLC Robert M. Spingarn - Credit Suisse Securities (USA) LLC

Ladies and gentlemen, good afternoon, and welcome to the ManTech Second Quarter Fiscal Year 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will follow at that time. As a reminder, this conference call is being recorded. I would now like to turn the conference over to Stephen Vather, Executive Director, Corporate Development. Stephen Vather - ManTech International Corp.: Welcome, everyone. Thanks for participating on ManTech's second quarter call. On today's call, we have Kevin Phillips, President and CEO; Judy Bjornaas, Executive Vice President and CFO, as well as Matt Tait and Rick Wagner, our two Group Presidents. During this call, we will make statements that do not address historical facts and thus are forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to factors that could cause actual results to differ materially from the anticipated results. For a full discussion of these risk factors and other risks and uncertainties, please refer to the section entitled Risk Factors in our latest Form 10-K and our other SEC filings. We undertake no obligation to update any of the forward-looking statements made on this call. With that, I would like to turn the call over to our CEO, Kevin Phillips. Kevin? Kevin M. Phillips - ManTech International Corp.: Good afternoon, everyone. I'm pleased to report that ManTech delivered another quarter of exceptional performance. We maintained an aggressive pace of organic growth and were awarded a number of new contracts that put us in a solid position for continued growth. All of our key financial metrics including quarterly revenues, operating income, net income, earnings per share and cash flow exhibited growth year-over-year. The market environment remained strong. And from a budget standpoint, we are pleased that Congress appears to be making meaningful headway on FY 2019 defense appropriations with draft markups being generally in line with the President's budget request. However, there is potential for FY 2019 to begin under a continuing resolution, which could have a slight impact on the timing of new contract awards for the industry. Overall, ManTech's portfolio of capabilities and customers continues to be well-aligned with budget priorities. We're seeing customers apply strong focus within the space and cyber domains with both policy and execution. These efforts lead (02:34) more broadly towards supporting national security and national defense strategies. Lastly, customers continue to be focused on improving the speed of bringing talent and technology to the mission, as well as streamlining the acquisition process. Over the last few years, I have consistently discussed our steadfast investments in bolstering ManTech's differentiators in full-spectrum cyber solutions, systems and software engineering, secure enterprise IT solutions and data analytics. Those investments have taken the form of improvements in our business development engine, improving our technical solution capabilities and strategic acquisitions. Additionally, we made improvements to our recruiting and systems infrastructure to support anticipated growth. I am pleased to say that our performance in the quarter, particularly around winning new contracts of scale in the enterprise IT and systems modernization area is a result of that focused strategy. This is a continuation of a multi-year trend that we are experiencing across our business. Customers are embracing ManTech's differentiated solutions, agility and technology leadership. In turn, the operating team is focused on the ramp-up and successful performance of these new contract awards. As noted on our last earnings call, early in the second quarter, we were awarded a 10-year $959 million enterprise IT contract with the Department of Defense agency. This contract represents one of the larger IT initiatives awarded to us. It is all new work for ManTech. In the quarter, we won several new contracts supporting the Navy's aviation modernization efforts across manned and unmanned platforms. ManTech will use its engineering expertise to help modernize and enhance the capabilities of ISR and electronic warfare aircraft mission systems, on the P3C Orion and the P-8A Poseidon platforms. Additionally, ManTech will help modernize systems and sensors including electro-optics, radar, communications, SIGINT and electronic support measures on the MQ-4C Triton unmanned platform. In total, we had $1.3 billion in contract awards in the second quarter, resulting in a quarterly book-to-bill of 2.7 times. 87% of the Q2 awards represent new work for ManTech. Given the lighter level of recompetes, much of our bookings this year will skew towards new work. Strong bookings drove our total backlog up 9% to $7.8 billion and funded backlog up 11% to $1.3 billion. Proposal submissions and adjudications are still occurring at a rapid pace. And at quarter end, we had approximately $7 billion of proposals outstanding. We remain on track to submit between $10 billion to $12 billion for the full year; and through June, we submitted roughly half of our full year goal. Our opportunity pipeline remains healthy at well over $20 billion. Lastly, before I turn it over to Judy to discuss the details and specifics of our financial performance and outlook, I want to introduce Matt Tait, our new President of our Mission Solutions and Services Group. We're extremely pleased that Matt has joined the team and are impressed with his focus and leadership in driving changes throughout the federal market. I look forward to working closely with Matt to continue strengthening ManTech's position as a leading technology provider focused on national and homeland security missions. Now, I'll turn it over to Judy. Judy? Judith L. Bjornaas - ManTech International Corp.: Thanks, Kevin. Revenue for the second quarter was $491 million, up 19% compared to the second quarter of 2017. Over half of our revenue growth in the quarter was organic. Direct labor continued to show strong growth, up 17% year-over-year. And we also experienced increased material procurements driven by customer requirements. For the quarter, prime contracts represented 88% of our revenue. Contract mix was approximately 66% cost-plus, 24% fixed-price, and 10% time-and-materials. Operating income for the quarter of $28.3 million was up 14% from the second quarter of 2017. Quarterly operating margin of 5.8% came in above our expectations, driven by slightly lower bid and proposal spend and some one-time items. The lower bid and proposal spend was a result of timing changes on RFPs for new business opportunities within our pipeline. Net income was $19.9 million and diluted earnings per share was $0.50 for the quarter, up 28% and 25%, respectively, compared to the second quarter of 2017. The effective tax rate of 28.2% in the quarter was higher than previously indicated due to a discrete tax item, which reduced EPS by $0.02 in the quarter. Now, on to the balance sheet and cash flow statements. Our balance sheet at quarter end shows $7 million in cash and $30 million (07:40) of debt. During the quarter, we generated $53 million of cash from operations or 2.7 times net income. DSO was 68 days for the quarter, a one-day improvement both sequentially and year-over-year. The board has authorized us to maintain our current quarterly dividend of $0.25 per share to be paid September 21, 2018. Now, to our revised 2018 outlook. Based on our performance to date, we are raising and narrowing the range on revenue compared to what we previously communicated. We are now calling for revenues of $1.92 billion to $1.96 billion, with net income between $79.5 million and $82.6 million and diluted earnings per share of $1.99 to $2.07 impacted by the $0.02 charge booked this quarter. We have strong visibility and minimal recompete risk in our 2018 revenue guidance. Achieving the higher end of the revenue range will be contingent on the timing and pace of material procurement, as well as the ramp-up of any new contract awards. We are maintaining our previously communicated operating margin guidance for the year of 5.7% to 5.8%. The timing changes of pipeline opportunities I mentioned earlier are anticipated to drive higher bid and proposal investments in the second half. And given the complexity of our recent contract awards, we are putting extra emphasis on program execution to ensure our customers are receiving the best from ManTech. We still expect capital expenditures to be around 2% of revenue and related depreciation and amortization to be around 3% for 2018. Our cash flow from operations estimate remains between 1.2 times and 1.5 times net income for the full year. Built into our guidance, our full year effective tax rate range of 25.5% to 26.5% and a fully diluted share count of $40 million shares. Before I conclude, I want to offer some remarks with respect to our recent contract awards. Our contract awards and proposal volumes support growth in 2019. However, it is premature to provide you with detailed guidance and specific expectations for next year. Over the last 12 months, we have seen an increase in the average duration of contract awards which provides for strong multi-year visibility, but some higher award values will have less of an immediate year-over-year impact. We generally have not offered program level commentary and specifics, but given the size of our recent contract award, I want to offer some additional financial detail. Please note that it is not our intent to provide regular updates on a program level basis on this program or others moving forward. On the $959 million enterprise IT contract that Kevin discussed earlier, we expect a multi-year transition period. Additionally, given the nature of the program, there will be capital expenditure requirements. We will have a better view of the level and timing of capital expenditures as we move through the transition period. We will provide an updated view of expected capital expenditures when we discuss detailed 2019 guidance. Now, Matt will speak to our defense and federal civilian business. Matt Tait - ManTech International Corp.: Thanks, Judy, and it's a pleasure to be here at ManTech. Thank you, George and Kevin, for the opportunity to lead the Mission Solutions and Services Group. In my brief time at ManTech, I have been able to observe a truly unique culture that is genuinely focused on the success of the customer and their mission. I am thrilled at the opportunity to continue driving innovation and technology throughout the mission spectrum and to the tactical edge. Together with my colleagues, I look forward to expanding our market position by bringing digital to the mission as we bring forward solutions to solve our customers' toughest challenges. Kevin covered our notable wins with the Navy. Additionally, in the quarter, ManTech continued to build on its strong portfolio of IDIQ contracts. We were awarded a position on the GSA Alliant 2 vehicle, a 10-year vehicle with a $50 billion ceiling used by federal agencies to procure a range of IT services and solutions. Consistent with our policy, there is no associated booking with this award. However, it is an important vehicle given ManTech's continued growth in providing secure enterprise and mission IT solutions to the federal government. Rick, over to you. Richard J. Wagner - ManTech International Corp.: Thanks, Matt. As Kevin and Judy have discussed earlier, I am proud of our recent enterprise IT contract award with an important and longstanding customer. This program aligns well with our mission to provide secure enterprise IT to important national security programs. As we stand up this key program, our focus is squarely on delivering a smooth ramp-up and providing superb program execution to ensure mission success and customer satisfaction. This program, coupled with others in our portfolio, serve as an excellent foundation to build upon and dovetail nicely with the increasing volume and value of cyber and enterprise IT opportunities in our pipeline. With this win and others over the past few years, ManTech is at the forefront of the convergence of cyber and enterprise IT. Now, let me briefly touch on how ManTech continues to differentiate itself. As we all know, change in technology is unrelenting. Coupled with our growth in secure enterprise IT, we are continuing to expand our relationships with technology thought leaders in the commercial world. We are engaged with innovative firms leading to development of technologies focused on big data analysis, automation, machine learning, and artificial intelligence. While these technologies vary in maturity, we are taking a view to the future and partnering to develop solutions that utilize these technologies in support of our customers' mission. Lastly, as I've mentioned on previous calls, we continue to see improvements in our recruiting and retention, leading to successful stand up and execution of our growing set of programs. While we are seeing strong business results from these improvements, we keep a steadfast operational focus on our people, given they remain our biggest strength. Now, I'd like to turn the call back over to Kevin for closing remarks. Kevin M. Phillips - ManTech International Corp.: Before I conclude, I want to recognize the broader ManTech team for their continued dedication and focus in executing to our strategy. Our market focus, size and operating model provides us the breadth and depth of experience and technical knowledge to compete and win large contracts, while maintaining strong customer intimacy and agility. Our steadfast focus on our customers and their important national and homeland security missions is resulting in ManTech delivering industry-leading bookings, strong organic growth, and a healthy opportunity pipeline. We attribute this success to ManTech's most important differentiator, our people. With that, we are ready to take your questions.

Our first question comes from Tobey Sommer of SunTrust. Your line is open. Kwan Hong Kim - SunTrust Robinson Humphrey, Inc.: Hi. This is Kwan Kim, on for Tobey. Thank you for taking my questions. Kevin M. Phillips - ManTech International Corp.: Sure. Kwan Hong Kim - SunTrust Robinson Humphrey, Inc.: First, on the enterprise IT services contracts for the DoD, what would be an appropriate range of the time period required for the multi-year transition you mentioned? And would the transition seem more linear or have somewhat of a multi-step, multi-year function? Thank you. Matt Tait - ManTech International Corp.: On that contract, there's a fairly prescriptive ramp-up, and I can't comment on all the specifics of that, but it will happen sequentially over about an 18-month period. Kwan Hong Kim - SunTrust Robinson Humphrey, Inc.: Okay. And could you talk about the hiring environment today versus what it was like at the beginning of this year? Has the bottleneck of obtaining security clearances for employees become more loose in your view or has it become more difficult since last year? Kevin M. Phillips - ManTech International Corp.: So, two components. In terms of the labor market, we've been very successful at hiring people to meet the contract awards over the last three quarters, and also being able to successfully continue our focus on adding to that as we continue to win contracts. That said, the market for the higher end labor continues to be very tight. The timeline on clearances is beginning to show some improvement, I'd say it's not material, but some improvement. And I'd also note that our federal customers are very focused on this and doing some heavy lifting to make sure that we improve the ability to bring talent to meet national security missions. Kwan Hong Kim - SunTrust Robinson Humphrey, Inc.: Got it. Thank you very much.

Our next question comes from Gautam Khanna of Cowen and Co. Your line is open. Gautam Khanna - Cowen and Company, LLC: Yes. Thank you. First, I was wondering if you could expand upon your comments that there were some one-time items in the quarter. What specifically were you referencing besides the tax headwind? Judith L. Bjornaas - ManTech International Corp.: It really was nothing specific. It was just – we had originally guided that the first half of 2018 was going to be about 5.6% to 5.7% in margin, and we're coming in a little bit higher. Q2 came in a little bit higher than we expected, nominally due to, like I said, the B&P and the one-time items, but kind of related to just typical contract closeouts, EAC adjustments, things like that, but no one specific large item. Gautam Khanna - Cowen and Company, LLC: Okay. Got it. And Kevin, from your remarks on the potential for a continuing resolution, I wanted you to maybe elaborate on what you think, based on what you have in the contract pipeline, what the bookings might actually be in Q3 relative to maybe historical Q3s? I mean, could this actually be more in line with prior years, could it be better, just based on the actual pipeline of what you guys have outstanding? Kevin M. Phillips - ManTech International Corp.: Yeah. Sure. So, what I'd say is that we're seeing a continuous high volume of requirements from our customers for the things we do. So, our overall proposal volume is higher for the year and on a quarter-to-quarter basis, and we anticipated the award level is higher. So, within that, it's harder for me to say what's a huge, our Q3 or government Q4 specific event. I think that there's just a higher demand across the board, and I wouldn't say that I'd expect a high surge in Q3 compared to every other quarter we're seeing based on the expected timelines. But, they're all heavy. So, if you think about a $7 billion with proposals outstanding, we'd expect that those to be adjudicated fairly ratably, and we'll see how it plays out quarter-to-quarter, but is a high volume regardless of which quarter it comes in. Gautam Khanna - Cowen and Company, LLC: Okay. And do you have a view on whether the use it or lose it kind of mentality will be a forcing function on seeing stuff get obligated by the government fiscal year-end this time around or do you think that's not as big a factor as it may have been in prior years? Kevin M. Phillips - ManTech International Corp.: No, I think that both strategic need and funding availability are driving decisions more quickly. That includes the quarter we just completed and we're reporting out. So, I would not say a specific quarter, and I'd say it's generally a tone that things need to move more quickly to meet national security demands and that will apply to Q3 as well. It may be more heavy, but at the same time that the anticipated timing for heavy volume of proposals we see is fairly consistent, but there may be variability based on delays or things moving up. It's hard to push that quarter-to-quarter view. Gautam Khanna - Cowen and Company, LLC: Okay. And just one last one for me. Perhaps, Judy, could you quantify the organic growth in the quarter? Judith L. Bjornaas - ManTech International Corp.: It's more than half of the total growth. Gautam Khanna - Cowen and Company, LLC: Okay. Judith L. Bjornaas - ManTech International Corp.: So... Gautam Khanna - Cowen and Company, LLC: Thank you very much. I appreciate it guys. Judith L. Bjornaas - ManTech International Corp.: Yes. Kevin M. Phillips - ManTech International Corp.: Thank you.

Our next question comes from Edward Caso of Wells Fargo. Your line is open. Edward S. Caso - Wells Fargo Securities LLC: Hi. Good evening. I believe you guys won a really big contract, CDM DEFEND, which has been protested. Did that – has that shown up in any of your – was that in the Q2 numbers that's a possibility for a Q3 award, I believe it's $669 million? Kevin M. Phillips - ManTech International Corp.: Yeah. It is – Kevin, it is not in our Q2 awards, and these protests are not recorded as bookings until the protest is cleared. We always have to wait for the government to work through the debates around any protest, and if we're successful in maintaining our award then it's likely that that would be in our Q3 number. Edward S. Caso - Wells Fargo Securities LLC: Great. Can you... Kevin M. Phillips - ManTech International Corp.: I'd note one thing around, that that there are both combinations of new and existing work within that, so it's all not new work. A lot of the CDM work has existing work for as many contractors that roll into these larger bundle bids. Edward S. Caso - Wells Fargo Securities LLC: Right. Since more of your opportunity this year is new, can you talk about your win rates and any change that you've had since last year? Kevin M. Phillips - ManTech International Corp.: Broadly, volume for demand has been increasing. Timelines to adjudicate by the government side have been improving. And our win rates have improved as well. I would not say that those win rates are something that we would expect to be a continuous at the current level. This has had a competitive market, but we work every day to make sure that we put the best capability solution and proposal forward for anything that we bid. Edward S. Caso - Wells Fargo Securities LLC: Let me sneak in one more. You've got the best balance sheet in the sector. What are you thinking on M&A? Kevin M. Phillips - ManTech International Corp.: We continue to be very focused on the areas where we have a need in our strategy and customer gaps that narrows the field. There is a normal flow, I'd say, of opportunity sets, and we're very focused on that, but again it's hard for me to say that we're going to be doing anything different than our ordinary course activity of looking at every opportunity when it comes up and taking a heavy view of how important it is for overall strategy and positioning in the market. Edward S. Caso - Wells Fargo Securities LLC: Great. Thank you. Thanks. Kevin M. Phillips - ManTech International Corp.: Sure.

Our next question comes from Joseph Vafi of Loop Capital. Your line is open. Joseph A. Vafi - Loop Capital Markets LLC: Hey, guys. Good afternoon. I may have missed it, but can you disclose on this new large Defense Agency win contract structure type fixed-price, cost-plus or another contract structure type? Judith L. Bjornaas - ManTech International Corp.: Yeah. We don't typically give out details on specific contracts. Joseph A. Vafi - Loop Capital Markets LLC: Okay. And then, I was wondering if it's – if staffing on this large disclosing contractors is something that you see as difficult, or is this a situation where you could do some rebadging from the existing incumbent? Kevin M. Phillips - ManTech International Corp.: This contract is in line with other contracts. Like I said, we've been staffing and we're being successful on this one as well in our initial staffing. And that staffing will continue over a fairly long transition period, and we expect to do well throughout the transition. Joseph A. Vafi - Loop Capital Markets LLC: Okay, that's helpful. And then just – maybe just an update on some of the large wins last summer – last year. I think some of those are fully ramped and fully – in full production at this point I was wondering if there is any that have yet to really fully ramp, and just an overall update on those contracts. Thanks very much. Matt Tait - ManTech International Corp.: So, this is Matt. Yeah, the contracts from last year are fully ramped for the two biggest wins that we had within our MSS Group. Kevin M. Phillips - ManTech International Corp.: So, Joe, we're pretty steady state on that. We've been very successful. So, I think that everything else is kind of current work, winning new work and ramping that up. Joseph A. Vafi - Loop Capital Markets LLC: Good. Thanks very much.

Our next question comes from Joseph DeNardi of Stifel. Your line is open. Joseph William DeNardi - Stifel, Nicolaus & Co., Inc.: Yeah. Thank you. Nice quarter, everybody. Kevin, just two questions for you maybe. I think we've heard from some of your peers that we're seeing more bridges and extensions being used. I'm just wondering if you can talk about what do you think that means for your recompete or rolloff risk going forward and whether bookings need to kind of fill a smaller gap than they typically would. Kevin M. Phillips - ManTech International Corp.: So, yes, extensions and expansions on current work are becoming more routine, based on mission need. That has reduced the second half of this year's recompete win rate and it has not materially increased the overall win rate – I mean, the recompete rate for next year, which we expect to be market average. Joseph William DeNardi - Stifel, Nicolaus & Co., Inc.: Okay. And then, you mentioned that the recent win rates that you've had may not be sustainable. I appreciate maybe wanting to temper expectations, but can you talk about why the rate has been as good as it has? Are some of the opportunities just kind of really in your wheelhouse? Thank you. Kevin M. Phillips - ManTech International Corp.: Sure, I will, and if anybody else wants to add in. But as I've mentioned, we have spent a lot of time investing during the time when the market was extremely down on improving our leadership and the quality of our proposal team or solutioners, our ability to retain and attract talent, all of the above. And that was an intentional and by design thing to do and it's paying dividends today. But I would say that, as I mentioned, it's a very competitive market and it's always something we have to be very focused on, improving our game every time we submit a bid. But that's generally as the investments we've made and the commitment our team has made to getting to this point over the last few years. Joseph William DeNardi - Stifel, Nicolaus & Co., Inc.: Okay. Thank you.

Our next question comes from Ben Klieve of Noble Capital Market (sic) [Noble Capital Markets]. Your line is open. Ben Klieve - Noble Financial Capital Markets: All right. Thank you. Just one question for me. Kevin, I hope you can elaborate a bit more on your earlier comments regarding the pacing of award adjudication. You said that the timelines for adjudication are broadly improving, but I'm wondering if you can break that comment down a bit between new awards versus existing awards. Did you see these being prioritized and the timeline improving kind of at the same rate during the second quarter? And then, how do you see that dynamic evolving here over the next quarter or two? Kevin M. Phillips - ManTech International Corp.: So the improvement is based on the acquisition process, and they're focused on industry and mission needs. So, as long as the mission needs are going, whether it's an existing set of work or recompete, new, it doesn't matter. So, I can't split it out that way. I don't think our customers are thinking that way. And going forward, again, our customers are very focused on how to improve the timelines to get things that they need to be responsive to the mission needs that they have, and we'll see how that plays out in terms of timeline improvements. But, it's definitely – it hasn't been improved since two years ago. Ben Klieve - Noble Financial Capital Markets: Got you. Very good. Okay. That's... Kevin M. Phillips - ManTech International Corp.: There's more certainty in what they're bidding and more certainty on what they want as well, which is a big factor. Ben Klieve - Noble Financial Capital Markets: Got it. I'm sure. Okay. Very good. Thanks for the comments, and I'll get back in queue.

Our next question comes from Brian Ruttenbur of Drexel Hamilton. Your line is open. Brian Ruttenbur - Drexel Hamilton LLC: Okay. Thank you very much. So, I have a macro question just real quick on the CR. If you could talk a little bit about – you mentioned at the top of your comments what you believe the likelihood of a CR happening this year, I've heard a variety of things offline from a couple of the companies reporting, and what you anticipate and what you're seeing on the CR and what's in your guidance for the CR. Kevin M. Phillips - ManTech International Corp.: Sure. So, generally, the federal government is moving fairly quickly on making decisions about what they need and the amount of the budget that they're requesting. And you can see that in the activities last week and this week within Congress. So, I think that's a very positive trend towards regular order. That said, I mean, everything has to run through a process of final negotiations and you never can tell. And we don't make bets on that. We just want to make sure we're ready to support any requirement whenever those decisions are made. So, again, I can't bank on or tell you what the government decision-makers are going to do about a CR or no. Brian Ruttenbur - Drexel Hamilton LLC: Okay. Then, just as a follow-up. Given your backlogs, you say that maybe the win rate won't continue at this rapid or high rate. Given what's going on with your wins, do you see an acceleration in your internal growth in 2019 where you stand right now? Brian Ruttenbur - Drexel Hamilton LLC: It's a little premature for us to talk about 2019, but as we've mentioned, the tenor of the new contract awards has been increasing. So, a lot of these bookings are giving us much more multi-year visibility versus having a really short-term high growth impact. Brian Ruttenbur - Drexel Hamilton LLC: Okay. Thank you.

Our next question comes from Robert Spingarn of Credit Suisse. Your line is open. Robert M. Spingarn - Credit Suisse Securities (USA) LLC: Hi there. Kevin M. Phillips - ManTech International Corp.: Hello. Robert M. Spingarn - Credit Suisse Securities (USA) LLC: Couple questions. First one for Judy and then one for Kevin, I think the second one is for you. But, Judy, on the organic growth which you said is just over half the growth, how do we think about that on direct labor, because it sounds like there were some material acquisition or – included there? So, that's question one. And then the second questions are higher level, more complex ones, so I want to wait a second to do that. Judith L. Bjornaas - ManTech International Corp.: Okay. Yeah, no, I would say that our direct labor and our ODC subcontractor content has grown in line with the revenue growth. So, it's coming from both components, (00:31:34) is going well, yeah. Robert M. Spingarn - Credit Suisse Securities (USA) LLC: So – okay, thanks for that. So, Kevin, at a high level, I think one of the things we're all trying to do is look at this much higher level of total backlog. You've had these tremendous wins. Some of them are understandably long duration. We don't know what the funding outlook will be for those. But when I look at your total backlog off the bottom, it's about 2.6 times higher at $7.8 billion or so. Kevin M. Phillips - ManTech International Corp.: Yeah. Robert M. Spingarn - Credit Suisse Securities (USA) LLC: Funded backlogs has smaller numbers, about 1.4 times or 1.5 times, and sales off the bottom is about 1.2 times. So, all this leads me to think that there's some real nice sales opportunity here, that at some point you catch up to what this total backlog is doing. But I'm trying to figure out what the right construct is to do that. How do you guys think about that? Is there a way that you annualize the total backlog, and then sort of impute a growth number from that? So, Judy, I'm not asking Kevin for 2019 guidance, but I am thinking at some point this translates to... Kevin M. Phillips - ManTech International Corp.: Yeah. Well, actually, it's an important factor, so I'll comment on that. So, if the government has – if we're not supporting procurement, major long-term procurements, multi-year, but it's more O&M or things like that, more one-year money versus multi-year money, that's what's going to drive your funded backlog on any given year, because it's current. Contract award level and duration support that overall backlog, the total backlog. And so what we're seeing is an increased link that is real in the overall length of contract awards that is significantly different than it was three to five years ago. I mean, three to five years ago, the average length was maybe three to five years. And now the average can be anywhere between 5 and 10 years, and that does factor that increase in the total backlog and it will provide longer assurance for the revenue stream. I can't say it will provide near-term growth as quickly as people would think based on that increased in the time of the awards that are built into that backlog. Robert M. Spingarn - Credit Suisse Securities (USA) LLC: Is it fair to conclude at a very basic level that growth is accelerating here and will for some time? Kevin M. Phillips - ManTech International Corp.: It's accelerating, it's going to hit a level, and it will be more sustained based on the term or average length of a contract. Robert M. Spingarn - Credit Suisse Securities (USA) LLC: Okay. Fair enough. Thank you very much. Stephen Vather - ManTech International Corp.: Ashley, it appears that we have no further questions at this time. As usual, members of our senior team will be available for any follow-up question. Thank you all for your participation on today's call and your interest in ManTech.

Ladies and gentlemen, this does conclude today's conference. Thank you for your participation, and have a wonderful evening. You may now all disconnect.