Welcome to our dedicated page for Amentum Holdings news (Ticker: AMTM), a resource for investors and traders seeking the latest updates and insights on Amentum Holdings stock.
Amentum Holdings, Inc. reports developments tied to its advanced engineering and technology solutions for U.S. and allied government agencies, international customers and commercial markets. Company news commonly covers mission support contracts, nuclear engineering and decommissioning work, space systems operations, defense logistics, aviation support, digital infrastructure and environmental services.
Recurring updates also include quarterly earnings communications, contract awards, joint-venture activity, operational expansions and investor relations or governance changes. Amentum’s releases frame its work across science, security and sustainability, including NASA ground systems support, small modular reactor programs, nuclear research-site cleanup, aerial firefighting operations and Indo-Pacific logistics capabilities.
Jacobs (NYSE:J) has received the final post-closing adjustments from the Critical Mission Solutions (CMS) Separation Transaction, consisting of $70 million in cash and 7,299,065 shares of Amentum Holdings (NYSE: AMTM) common stock. The cash portion has been used to reduce Jacobs' outstanding debt.
The Amentum shares, representing 3% of Amentum's outstanding shares at the transaction closing, are planned to be distributed pro rata to Jacobs' shareholders, pending Board approval. This distribution will occur on a yet-to-be-determined record date. This adjustment determination marks the completion of the CMS Separation Transaction, with only transition services and post-closing assistance remaining.
Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, has scheduled its second quarter fiscal year 2025 earnings conference call for May 7, 2025 at 8:30 AM EDT. The company will release its financial results for the quarter ending March 28, 2025 before the call.
The conference call will be accessible to the public via webcast through Amentum's Investor Relations Website. Following the call, investors can access a replay of the conference call, earnings release, presentation slides, and supplemental financial disclosures through the same platform.
Amentum (NYSE: AMTM) has appointed Corhyn Parr as Vice President of International Business Development. Parr joins the company following her role as CEO of Nuclear Waste Services, a UK Nuclear Decommissioning Authority subsidiary.
In her new position, Parr will focus on expanding Amentum's global presence in defense, energy, and environment sectors. She brings over 20 years of nuclear industry experience, having previously served as Director of Integrated Waste at the NDA, where she consolidated Radioactive Waste Management and Low-Level Waste Repository operations.
Her expertise spans nuclear operations, generation, decommissioning, and waste management across UK nuclear licensed sites, with international experience in Europe, Canada, and the USA. The appointment aims to enhance Amentum's service offerings and international presence through her experience in regulatory compliance and partnership building.
Amentum Holdings (NYSE: AMTM) has announced the pricing of its secondary public offering of 19,464,174 shares at $16.50 per share. The offering is expected to close on March 13, 2025.
The transaction involves a debt-for-equity exchange where a Jacobs Solutions subsidiary will exchange these shares with a BofA Securities affiliate (the Selling Shareholder), who will then sell them to the offering's underwriters. Amentum will not receive any proceeds from this transaction.
After the offering's completion, Jacobs will cease to hold Amentum shares, except for potential future receipt of 9,732,087 escrowed shares subject to performance milestones. The offering's joint book-running managers include BofA Securities, J.P. Morgan, Morgan Stanley, BNP Paribas, and TD Cowen.
Amentum (NYSE: AMTM) has announced a strategic partnership with Rivada Space Networks to provide ultra-secure low earth orbit connectivity for U.S. government communications. The partnership centers around Rivada's Outernet, a revolutionary constellation of 600 LEO satellites creating the first unified global communications network.
The Outernet features advanced capabilities including:
- Inter-satellite laser links with onboard processing
- Pole-to-pole coverage with lower latency than terrestrial fiber
- An orbital mesh network without terrestrial gateways
- Enhanced security through space-based data routing
This partnership aims to strengthen digital infrastructure globally while providing U.S. government customers with expanded capabilities for mission-critical communications. The system offers MEF-compliant private space network connectivity with emphasis on zero trust networking and cybersecurity.
Amentum Holdings (NYSE: AMTM) has announced a secondary public offering of 19,464,174 shares of its common stock. The company itself is not selling any shares and will not receive proceeds from the offering. Jacobs Solutions Inc. subsidiary will exchange these shares for debt held by a BofA Securities affiliate (the Selling Shareholder), who will then sell the shares to underwriters.
After the offering's completion, Jacobs will no longer hold Amentum shares, except for potential 9,732,087 shares held in escrow pending performance milestones related to the merger of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses with Amentum. BofA Securities, J.P. Morgan, Morgan Stanley, BNP Paribas and TD Cowen are serving as joint book-running managers for the offering.
Amentum (NYSE: AMTM) has been selected as the exclusive program and project management delivery partner for Sizewell C, a new nuclear power station project in the UK. The contract will extend until the station begins operations, creating hundreds of new jobs.
The project involves two 1.6 gigawatt EPR reactors on the East Suffolk coast, capable of powering 6 million homes while reducing carbon emissions by 9 million metric tons annually. The UK Government owns 76% of Sizewell C and has committed $3.2 billion (£2.5 billion) in investment.
Amentum's scope includes:
- Program and project management
- Digitally aligned project controls
- Engineering and technical services
- Infrastructure solutions for site management
Amentum (NYSE: AMTM), a leading provider of advanced engineering and technology solutions to the U.S. government, allies, and Fortune 500 companies, has announced its participation in the 46th Annual Raymond James Institutional Investor Conference in Orlando, Florida.
The company's CEO, John Heller, will participate in a fireside chat on Tuesday, March 4, at 4:00 p.m. E.T. Investors and interested parties can access a live audio webcast of the presentation through Amentum's Investor Relations website at https://ir.amentum.com. The webcast recording will remain available for replay on the website for 90 days after the event.
Amentum (NYSE: AMTM) has appointed Michele St. Mary as Chief Legal Officer and General Counsel, effective immediately. St. Mary will oversee the company's legal, ethics, compliance, contracts, and security functions globally. She succeeds Stuart Young, who retires after over 30 years with Amentum and its legacy companies.
St. Mary brings more than 25 years of experience in the government contracting industry. She previously served as vice president, deputy general counsel and assistant secretary for L3Harris Technologies, where she spent 19 years leading legal, contracts, trade compliance and ethics functions. Earlier roles included senior counsel at Sun Microsystems and associate at Crowell & Moring LLP. She holds a bachelor's degree in political science and a juris doctorate from Yale University.
Amentum (NYSE: AMTM) has been selected by the General Services Administration (GSA) for all eight domains of the One Acquisition Solution for Integrated Services Plus (OASIS+) multiple-award IDIQ program. The company, being among less than 2% of awardees to achieve this comprehensive coverage, will provide solutions including research and development, engineering, C4ISR, and complex program management.
The OASIS+ contract streamlines the acquisition process for U.S. government customers through a single solicitation system. The eight awarded domains include Technical and Engineering, Research and Development, Intelligence Services, Environmental, Facilities, Logistics, Management and Advisory, and Enterprise Solutions.
The IDIQ contract features a five-year base period with one five-year option period, potentially extending to ten years total, with no dollar ceiling or cap on awards.