Amentum (NYSE:AMTM), a global leader in advanced engineering and technology solutions, has been awarded the Air Forces Central Command Global Prepositioned Materiel Services (GPMS) contract to deliver and modernize prepositioned storage and maintenance solutions. The contract, valued at $447 million, assures mission readiness at scale. "This win demonstrates our expertise in delivering smart asset management solutions that maximize efficiency, extend asset lifecycles, and drive measurable value for customers," said Dr. Karl Spinnenweber, President, Amentum Mission Solutions business group. "This contract win shows our leadership in asset management, particularly during contingency operati

Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, today announced the appointment of Jennifer Walsmith as President of the Intelligence & Cybersecurity business, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250107680928/en/Jennifer Walsmith joins Amentum (Photo: Business Wire) Jennifer will lead a global team in delivering advanced national security, intelligence, and cybersecurity solutions for U.S. intelligence and defense customers. Amentum holds deep relationships across the U.S. intel community, including all 18 Intelligence Community agencies, and the

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 th

Strong finish to Fiscal Year 2024 including a successful public market debut GAAP Revenues of $8.4 billion, 7% growth; GAAP Net Loss of $82 million Pro Forma Revenues of $13.9 billion, 4% growth Pro Forma Net Income of $32 million; Pro Forma Adjusted EBITDA of $1,052 million, up 7% Amentum affirms its Fiscal Year 2025 Capital Markets Day financial guidance Amentum Holdings, Inc. ("Amentum" or the "Company") (NYSE:AMTM), a leading advanced engineering and technology company, today announced results for the fiscal year ended September 27, 2024, and affirmed its outlook for fiscal year 2025. "We reported strong results for fiscal year 2024, delivering top-line and bottom-line growt

Amentum (NYSE:AMTM) and Multiconsult Norge AS were selected by Halden Kjernekraft AS to evaluate the potential for building a small modular reactor (SMR) in Norway, helping Halden municipality to decide whether nuclear power can meet advanced energy needs. The two companies will carry out an assessment of potential suppliers of equipment and services within Norway and from abroad, as well as reporting on technical standards, environmental impact and other key aspects of any construction program. Halden Kjernekraft was set up by Norsk Kjernekraft, Østfold Energi and the municipality of Halden, a town in southeast Norway close to the Swedish border, to investigate the construction of a nu

Amentum (NYSE:AMTM) has been awarded a $105 million contract to support Naval Surface Warfare Center Crane (NSWC Crane) Airborne Electronic Attack Systems Division (AEASD) to develop the next generation of Electronic Warfare (EW) and Intelligence, Surveillance, and Reconnaissance (ISR) mission and survivability systems. Amentum will replace aging or obsolete components and systems and install state-of-the-art technology to enhance the capabilities of EW and ISR systems, delivering critical expertise in protecting U.S. national security. "Amentum will leverage our digital engineering ecosystem and model-based system engineering expertise to strengthen EW/ISR capabilities and provide critic

NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t

Amentum (NYSE:AMTM) announced today that West Valley Cleanup Alliance, LLC (WVCA), a BWXT Technical Services Group-led joint venture that includes Jacobs Technology, an Amentum company, and Geosyntec Consultants, Inc, has been awarded the West Valley Project Phase 1B Deactivation & Demolition contract. Amentum will bring advanced environmental capabilities to safely clean up the West Valley Demonstration Project (WVDP) in western New York state. "With our extensive experience bringing advanced technical solutions such as UAV, robotics, sensors, telematics, and other digital tools to safely decommission nuclear facilities, we are pleased to be selected as the Department of Energy's partner

Amentum (NYSE:AMTM) today announced the appointment of Darren Burton as Chief People Officer, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125782538/en/Darren Burton (Photo: Business Wire) Burton will lead all aspects of the company's talent strategy and talent management that supports a diverse global workforce. Amentum, with 53,000 employees in approximately 80 countries across all 7 continents, is a global leader in providing advanced engineering and technology solutions for the United States, the U.K. and other allied nations, as well as commercial markets. "Darren brings over two decades of exp

US & Canada, Nov. 26, 2024 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, the Environmental Consulting Service Market is observing significant growth owing to increasing awareness in industries regarding environment impact and rising government regulation and laws for environmental protection. For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/environmental-consulting-services-market The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Environmental Consulting Service Market comprises of service type, media type, and vertical which are expected to register str

Strong finish to Fiscal Year 2024 including a successful public market debut GAAP Revenues of $8.4 billion, 7% growth; GAAP Net Loss of $82 million Pro Forma Revenues of $13.9 billion, 4% growth Pro Forma Net Income of $32 million; Pro Forma Adjusted EBITDA of $1,052 million, up 7% Amentum affirms its Fiscal Year 2025 Capital Markets Day financial guidance Amentum Holdings, Inc. ("Amentum" or the "Company") (NYSE:AMTM), a leading advanced engineering and technology company, today announced results for the fiscal year ended September 27, 2024, and affirmed its outlook for fiscal year 2025. "We reported strong results for fiscal year 2024, delivering top-line and bottom-line growt

Successful Separation and Merger of CMS and C&I, Now Trading as Amentum (NYSE:AMTM) Backlog Grows by 23% y/y with TTM Book-to-Bill Ratio of 1.35x FY 2025 Guidance Highlights Favorable Growth and Margin Expectations DALLAS, Nov. 19, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal fourth quarter and fiscal year ended September 27, 2024. Q4 2024 Financial Highlights from Continuing Operations: Revenue of $3.0 billion grew 4.4% y/y; adjusted net revenue1 up 4.3% y/yNet income of $309 million, up 333.1% y/y; Adjusted EBITDA1 of $289 million, up 12.5% y/yEPS of $2.38, up 277.8% y/y; adjusted EPS1 of $1.37, up 28.0% y/yRecorded $187 million

Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, will host a conference call on December 17, 2024, at 8:30 AM EST to discuss financial results for full fiscal year 2024 (ending September 27, 2024). A news release containing the results will be issued prior to the call. The conference call will be webcast to the public through a link on Amentum's Investor Relations Website. A replay of the conference call, along with the earnings press release, presentation slides and supplemental financial disclosures, will be available via the same link. About Amentum Amentum is a global leader in advanced engineering and innovative technology solutions,

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Amentum (NYSE:AMTM), a global leader in advanced engineering and innovative technology solutions, today announced the appointment of Jennifer Walsmith as President of the Intelligence & Cybersecurity business, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250107680928/en/Jennifer Walsmith joins Amentum (Photo: Business Wire) Jennifer will lead a global team in delivering advanced national security, intelligence, and cybersecurity solutions for U.S. intelligence and defense customers. Amentum holds deep relationships across the U.S. intel community, including all 18 Intelligence Community agencies, and the

NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t

Amentum (NYSE:AMTM) today announced the appointment of Darren Burton as Chief People Officer, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125782538/en/Darren Burton (Photo: Business Wire) Burton will lead all aspects of the company's talent strategy and talent management that supports a diverse global workforce. Amentum, with 53,000 employees in approximately 80 countries across all 7 continents, is a global leader in providing advanced engineering and technology solutions for the United States, the U.K. and other allied nations, as well as commercial markets. "Darren brings over two decades of exp

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RBC Capital Mkts initiated coverage of Amentum Holdings with a rating of Sector Perform and set a new price target of $24.00

Raymond James initiated coverage of Amentum Holdings with a rating of Outperform and set a new price target of $30.00

Truist initiated coverage of Amentum Holdings with a rating of Buy and set a new price target of $31.00

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