Amentum Selected for OASIS+ Multiple Award IDIQ

Rhea-AI Summary

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.

Positive

• Secured contracts in all eight OASIS+ domains, positioning among top 2% of awardees
• Contract duration potential of up to 10 years (5+5)
• No dollar ceiling or cap on contract awards
• Multiple revenue streams across diverse government service domains

Negative

• None.

Insights

Government Contracts Specialist

Securing positions across all eight domains of the GSA OASIS+ IDIQ contract represents a major strategic win for Amentum. This comprehensive contract vehicle, with its unlimited ceiling and potential 10-year duration, provides exceptional revenue generation opportunities and strengthens the company's competitive position in the federal contracting space.

The achievement of winning all eight domains - accomplished by less than 2% of awardees - demonstrates Amentum's exceptional breadth of capabilities and positions them advantageously for capturing a larger share of federal spending. The OASIS+ vehicle's streamlined acquisition process and broad scope covering technical, engineering, intelligence, environmental and other critical services enables Amentum to pursue opportunities across multiple agencies efficiently.

This contract's structure offers several strategic advantages: 1) Reduced competition due to full-scope awardees 2) Lower bid & proposal costs through streamlined task order competitions 3) Ability to bundle cross-domain services in comprehensive solutions 4) Enhanced visibility and access to federal customers across all major service categories.

While the immediate revenue impact depends on task order wins, OASIS+ is a premier contract vehicle that historically drives substantial federal spending. The predecessor OASIS contract generated billions in annual obligations, suggesting significant long-term revenue potential for well-positioned contractors like Amentum who can leverage their full-scope capabilities.

CHANTILLY, Va.--(BUSINESS WIRE)-- Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, was selected by the General Services Administration (GSA) for the One Acquisition Solution for Integrated Services Plus (OASIS+) multiple-award IDIQ acquisition program for all eight domains. Amentum will leverage its deep technical and domain expertise to deliver a broad set of solutions, including research and development, engineering, C4ISR, smart infrastructure, and complex program management to address the U.S. government’s most critical challenges.

“Amentum, through its diverse capabilities and offerings, stands out amongst competitors by receiving an award on all eight IDIQ domains, a feat accomplished by less than two percent of OASIS+ awardees,” said Sean Mullen, Chief Growth Officer. “Our scale, world-class talent, innovative and differentiated technical offerings, and excellence in global delivery make us an ideal partner for GSA to drive the U.S. government’s strategic priorities.”

On the OASIS+ contract, the acquisition process is streamlined for U.S. government customers, providing easy access to Amentum’s innovative technology and professional service offerings under a single solicitation system. Amentum was awarded a contract covering each domain that OASIS+ offers:

Technical and Engineering (T&E) – provide specific engineering, geoscience, or other technical professional skills, such as those performed by engineers, geologists, geophysicists, and technicians, required to handle specific operating conditions and problems
Research and Development (R&D) – provide support of Research and Development (R&D) activities, including those aimed at achieving either specific or general objectives
Intelligence Services (INTEL) – deliver Command, Control, Communications, Intelligence, Surveillance, and Reconnaissance (C4ISR) mission requirements
Environmental (ENV) – provide a faster, more cost-efficient means to meet environmental objectives by supporting agencies in meeting their environmental requirements
Facilities (FAC) – provide solutions required to maintain and operate buildings, paved services, utilities infrastructure, and real property assets and equipment
Logistics (LOG) – deliver comprehensive logistics solutions, including planning and designing, implementing, or operating systems or facilities for the movement of supplies, equipment, or people by road, air, water, rail, or pipeline
Management and Advisory – develop a full range of management and consulting services that can improve a federal agency’s performance, aid its endeavors to meet mission goals, and provide operating advice
Enterprise Solutions – provide solutions on requirements that are large-dollar, wide-reaching, and highly complex in scope, often spanning multiple disciplines and/or locations, and requiring many different types of labor and expertise; procurement of highly technical, new and emerging and/or specialized mission objectives

OASIS+ is a government-wide, multiple award, IDIQ acquisition program for non-IT services. The program is designed to address agencies’ need for a full range of service requirements that integrate multiple service disciplines with the flexibility for commercial and non-commercial requirements and can support both classified and unclassified task orders. The IDIQ has a five-year base period of performance with one option period of five years that may extend the cumulative term of the contract to ten years, with no total-dollar contract ceiling or cap on award.

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, collaboration 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.

Visit us at amentum.com to learn how we advance the future together.
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Forward-Looking Statements

This press release contains or incorporates by reference statements by Amentum Holdings, Inc. (the “Company”) that relate to future events and expectations and, as such, constitute “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements may be characterized by terminology such as “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, 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.

A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including, among others: the occurrence of an accident or safety incident; the ability of the Company to control costs, meet performance requirements or contractual schedules; and other factors set forth under Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 27, 2024, which can be found at the SEC’s website at www.sec.gov or the Investor Relations portion of our website at www.amentum.com. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250210298176/en/

Media Contact:

Chanel Mann

Chanel.Mann@amentum.com

Investor Contact:

Nathan Rutledge

Nathan.Rutledge@amentum.com

Source: Amentum Holdings, Inc.

FAQ

What are the 8 domains Amentum (AMTM) won in the OASIS+ contract?

Amentum won contracts in Technical & Engineering, Research & Development, Intelligence Services, Environmental, Facilities, Logistics, Management and Advisory, and Enterprise Solutions domains.

What is the duration of Amentum's (AMTM) OASIS+ contract?

The contract has a five-year base period with one five-year option period, potentially extending to ten years total.

Is there a dollar ceiling for Amentum's (AMTM) OASIS+ contract?

No, the OASIS+ contract has no total-dollar contract ceiling or cap on awards.

What percentage of OASIS+ awardees received all eight domain contracts like Amentum (AMTM)?

Less than two percent of OASIS+ awardees received contracts in all eight domains.

What types of services will Amentum (AMTM) provide under the OASIS+ contract?

Amentum will provide research and development, engineering, C4ISR, smart infrastructure, and complex program management services to address U.S. government challenges.