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DALLAS , April 10, 2025 /PRNewswire/ -- Jacobs (NYSE:J) announced that it received $70 million and the right to receive 7,299,065 shares of common stock in Amentum Holdings, Inc. (NYSE: AMTM) in connection with the combination of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses with Amentum Parent Holdings LLC, which resulted in Amentum becoming a publicly traded company last year (the "CMS Separation Transaction"). These amounts represent the final determination of post-closing adjustments to the working-capital and merger consideration provided for in the CMS Separation Transaction agreements.
CHANTILLY, Va.--(BUSINESS WIRE)-- #2ndQuarterFY25--Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, will host a conference call on May 7, 2025 at 8:30 AM EDT to discuss financial results for the second quarter fiscal year 2025 ending March 28, 2025. 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.
Amentum Holdings, a recent spin-off of Jacobs, is taking the critical asset engineering contracting industry by storm, with many new huge government contracts in defense and nuclear. 411% earnings growth this year with a healthy outlook. Heavily discounted to industry average due to recent IPO, lack of public visibility and tough market conditions.
Goldman Sachs analyst Noah Poponak initiated coverage on Amentum Holdings, Inc. AMTM with a Neutral Rating, and a price forecast of $21.
CHANTILLY, Va.--(BUSINESS WIRE)-- #AMTM--Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, today announced the appointment of Corhyn Parr as Vice President of International Business Development. Corhyn joins Amentum after a distinguished tenure as CEO of Nuclear Waste Services, a subsidiary of the UK's Nuclear Decommissioning Authority (NDA), where she played a pivotal role in advancing the UK's nuclear waste management strategies and initiatives. In her.
CHANTILLY, Va.--(BUSINESS WIRE)--Amentum Holdings, Inc. (NYSE: AMTM) (“Amentum”) announced today the pricing of the previously announced secondary underwritten public offering (the “Offering”) of 19,464,174 shares of its common stock (the “Shares”) at a public offering price of $16.50 per share. The Offering is expected to close on March 13, 2025 subject to the satisfaction or waiver of customary closing conditions. Amentum is not selling any shares of common stock and will not receive any proc.
The Outernet's backbone in space brings an unparalleled level of security to government & defense communications Highlights: Outernet is a constellation of 600 ultra-secure, networked low-earth orbit satellites Combining the speed of fiber with the reach of satellite Orbital mesh network with no terrestrial gateways ensures security by design WASHINGTON , March 11, 2025 /PRNewswire/ -- Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, is partnering with Rivada Space Networks to offer a unique, ultra-secure low earth orbit connectivity network to support mission-critical U.S. government communications around the globe. As the first unified global communications network, Rivada's Outernet is transformative.
CHANTILLY, Va.--(BUSINESS WIRE)--Amentum Holdings, Inc. (NYSE: AMTM) (“Amentum”) announced today the launch of a secondary underwritten public offering (the “Offering”) of 19,464,174 shares of its common stock (the “Shares”). Amentum is not selling any shares of common stock and will not receive any proceeds from the sale of the Shares in the Offering or from the debt-for-equity exchange (as described below). In connection with the Offering, a subsidiary of Jacobs Solutions Inc. (NYSE: J) (“Jac.
CHANTILLY, Va.--(BUSINESS WIRE)-- #AmentumWin--Amentum (NYSE: AMTM) has been selected as sole program and project management delivery partner for Sizewell C, a new nuclear power station that will strengthen the United Kingdom's energy security. “Sizewell C's always-on nuclear electricity will boost UK energy security at a time of volatile global gas prices, leading to lower and more predictable energy costs,” said Andy White, Senior Vice President of Amentum Energy & Environment International. “Our inter.
CHANTILLY, Va.--(BUSINESS WIRE)-- #InstitutionalInvestors--Amentum (NYSE: AMTM), a leader in delivering advanced engineering and technology solutions to the U.S. government, allies and Fortune 500 companies, announced today that it will participate in the 46th Annual Raymond James Institutional Investor Conference in Orlando, Florida. John Heller, Chief Executive Officer, will engage in a fireside chat session on Tuesday, March 4, at 4:00 p.m. E.T. A live audio webcast of the event will be available on the Amentum Inves.