No. No. No. The armor has a long history and it was worn to strike fear in those they encountered.
http://starwars.wikia.com/wiki/Mandalorian_armor
Mandalorian armor referred to the traditional armor
worn by the human warrior clans of Mandalore. Common traits included a helmet with a T-shaped visor that concealed their faces, and armaments like whipcord throwers, flamethrowers and jetpacks.
The Mandalorians' bloody history made their armor an iconic symbol of fear. The bounty hunter Jango and his cloned son Boba Fett wore
customized Mandalorian armor, although neither of the Fetts were Mandalorian warriors.