Amentum Secures $279 Million U.S. Air Force Contract to Deliver Critical Airfield Management Solutions

Amentum (NYSE:AMTM) a leading provider of global engineering and innovative technology solutions, was awarded a $279 million contract by the U.S. Air Force to provide aviation operations solutions across the Ninth Air Force (Air Forces Central). This contract underscores Amentum's commitment to enhancing the U.S. military's mission readiness and operational success worldwide.

"Amentum's proven expertise in delivering large-scale, complex operations in challenging environments makes us the best partner for the U.S. Air Force on this critical mission," said Dr. Karl Spinnenweber, President, Mission Solutions Business Group at Amentum. "As the global landscape evolves, Amentum will ensure the United States Air Force is equipped with the infrastructure and operational excellence necessary to support their complex and dynamic mission."

Amentum will deliver cutting-edge solutions for airfield management, air traffic control, and critical maintenance services. Additionally, the company will provide its industry-leading solutions at vital military installations across Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia, Qatar, and the United Arab Emirates. Domestically, Amentum will deliver solutions at Shaw Air Force Base in South Carolina and Joint Base Langley-Eustis in Virginia, showcasing Amentum's capability to seamlessly operate both abroad and within the United States.

"This program leverages Amentum's ability to integrate our advanced technologies into maintenance and operations systems to modernize and enhance key solutions for the Air Force," said Joe Kelly, SVP, Sustainment and Analytics Business Line at Amentum. "With this contract, we continue to demonstrate our expertise to deliver advanced mission readiness globally, ensuring our forces have the reliable support they require."

The contract includes a one-year base period and six one-year option periods, extending the potential period of performance through October 2031. This long-term partnership not only underscores Amentum's enduring role in supporting U.S. defense initiatives but also reinforces the company's leadership in delivering high-quality, mission focused solutions.

About Amentum

Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, inclusion and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents.

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Forward-Looking Statements

This press release contains or incorporates by reference statements that relate to future events and expectations and, as such, constitute forward-looking statements under the securities laws, including statements regarding the Reverse Morris Trust transaction (the "transaction"), as described in the information statement filed as Exhibit 99.1 to the Current Report on Form 8-K of Amentum Holdings, Inc. (the "Company") filed with the Securities and Exchange Commission (the "SEC") on September 18, 2024 (the "information statement"). These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "forecast," "outlook," "target," "endeavor," "seek," "predict," "intend," "strategy," "plan," "may," "could," "should," "will," "would," "will be," "will continue," "will likely result," or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the anticipated work and revenue under the awarded contract, the expected benefits of the transaction, including future financial and operating results and strategic benefits, the tax consequences of the transaction, and the Company's objectives, expectations and intentions, applicable legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements.

For information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see the discussions under the section entitled "Risk Factors" in the information statement. Any forward-looking statement speaks only as of the date on which it is made, and the Company assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

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