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Overview of Amentum Holdings Inc
Amentum Holdings Inc is a distinguished entity in the realm of global engineering, technology solutions, and integrated project management focused on addressing some of the most complex challenges in government and allied sectors. Known for its precision, technical expertise, and robust execution capabilities, the company is entrusted by the United States and its allies to deliver cutting-edge solutions for mission-critical operational requirements. With a portfolio that spans engineering innovation, cybersecurity integration, and comprehensive project delivery, Amentum has firmly established a reputation for reliability and excellence in addressing security, scientific, and operational challenges.
Core Business Areas and Operational Model
Amentum operates at the intersection of advanced technology and engineering, offering a spectrum of services that include:
- Engineering and Technology Integration: Focused on transforming complex engineering challenges into practical, scalable solutions for governments and allied organizations.
- Project Management and Systems Integration: Delivering end-to-end project execution from conceptualization to operational implementation, ensuring streamlined workflows and coordinated success.
- Cybersecurity and Intelligence: Providing integrated defense solutions that protect critical infrastructure and support national security imperatives.
- Scientific and Technical Services: Leveraging deep technical knowledge and innovative practices to drive advancements in research, development, and real-world applications.
Market Position and Competitive Landscape
In a landscape characterized by rapid technological change and increasingly sophisticated operational demands, Amentum stands out by leveraging decades of engineering expertise and advanced technology integration. The company competes with other established players in the defense and engineering sectors by distinguishing itself through its agile approach to problem solving and its ability to integrate multiple technological domains into cohesive, high-performance solutions. Through its comprehensive and integrated service offerings, Amentum not only meets the immediate needs of government-based projects but also builds enduring partnerships founded on trust, technical rigor, and proven execution.
Commitment to Excellence and Trust
At the heart of Amentum’s operational ethos is a commitment to operational excellence and a strict adherence to ethical standards. The company fosters a culture that values innovation, continuous improvement, and inclusivity, ensuring that every project is managed with the highest level of professionalism and accountability. This trust-based relationship with its government partners is bolstered by an in-depth understanding of regulatory environments, advanced engineering practices, and a proven track record of executing complex, high-stakes projects across diverse geographies.
Strategic Integration and Service Delivery
The structured integration of advanced engineering systems with state-of-the-art technology solutions makes Amentum a crucial resource in today’s challenging operational landscape. By harnessing the potential of modern technological innovations alongside traditional engineering expertise, the company delivers solutions that are both visionary and pragmatic. Its strategic emphasis on quality assurance, agile project management, and meticulous regulatory compliance ensures that every mission is executed with the utmost precision. This integrated approach not only optimizes client outcomes but also sets new benchmarks in reliability and technical excellence within the industry.
Why Amentum Holdings Inc?
Amentum’s value proposition lies in its unique ability to translate complex technological challenges into concrete, actionable solutions. Combining scientific insight with practical engineering, the company is a trusted advisor for government agencies and allied organizations tackling critical missions. Its expansive service portfolio, technical acumen, and steadfast commitment to operational integrity make it a strong contender in the field of advanced engineering and technology solutions.
Amentum (NYSE: AMTM) reported strong Q1 FY2025 results with revenues of $3.4 billion, representing a 2.3% pro forma growth. The company achieved net income of $12 million and Adjusted EBITDA of $262 million. Key financial metrics include:
- Diluted EPS of $0.05; Adjusted Diluted EPS of $0.51
- Operating Cash Flow of $110 million; Free Cash Flow of $102 million
- Backlog of $45 billion with Net Bookings of $3.6 billion
- Book-to-Bill ratio of 1.1x
The company's Digital Solutions segment saw a 1% revenue increase, while Global Engineering Solutions grew 3%. Notable Q1 awards include a $3 billion DOE contract for the West Valley Demonstration Project and a $447 million Air Forces Central Command contract. Amentum reaffirmed its FY2025 guidance with projected revenues of $13.8-14.2 billion and Adjusted EBITDA of $1.06-1.1 billion.
Jacobs Solutions (NYSE: J) reported fiscal Q1 2025 results with gross revenue growing 4.4% year-over-year to $2.9 billion and adjusted net revenue up 5.1%. The company recorded a GAAP net loss of $17.1 million, primarily due to $145 million in mark-to-market losses on AMTM investment. Infrastructure & Advanced Facilities segment showed strong performance with 4.9% revenue growth.
Notable highlights include an 18.9% increase in backlog to $21.8 billion and a trailing twelve-month book-to-bill ratio of 1.3x. The company repurchased $202 million of shares during Q1 and authorized a new $1.5 billion share repurchase program. The quarterly dividend was increased by 10% to $0.32 per share.
Jacobs raised its FY2025 adjusted EPS guidance range from $5.80-$6.20 to $5.85-$6.20, while maintaining expectations for mid-to-high single-digit adjusted net revenue growth and adjusted EBITDA margin of 13.8-14.0%.
Amentum (NYSE: AMTM) has secured a significant $447 million contract from the Air Forces Central Command for Global Prepositioned Materiel Services (GPMS). The contract focuses on delivering and modernizing prepositioned storage and maintenance solutions to ensure mission readiness.
The company will implement smart asset management technologies and a customized Data Management System (DMS) specifically designed for GPMS requirements. These solutions aim to maximize efficiency, extend asset lifecycles, and ensure compliance with U.S. military standards.
Amentum (NYSE: AMTM) has appointed Jennifer Walsmith as President of its Intelligence & Cybersecurity business, effective immediately. Walsmith will lead a global team delivering advanced national security, intelligence, and cybersecurity solutions for U.S. intelligence and defense customers across all 18 Intelligence Community agencies and the U.S. DOD community.
Walsmith brings over 30 years of leadership experience, previously serving as general manager and vice president of Northrop Grumman's Cyber & Intelligence business. She also spent 15 years at the National Security Agency (NSA) as their top acquisition executive and played a key role in the U.S. Comprehensive National Cyber Initiative. Her achievements include receiving the National Intelligence Superior Service Medal and multiple Presidential Rank Awards.
Amentum (NYSE: AMTM) has secured a $279 million contract from the U.S. Air Force to provide aviation operations solutions for the Ninth Air Force. The contract encompasses airfield management, air traffic control, and maintenance services across multiple locations including Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia, Qatar, UAE, and U.S. facilities at Shaw Air Force Base and Joint Base Langley-Eustis.
The agreement includes a one-year base period with six one-year option periods, potentially extending through October 2031. The contract demonstrates Amentum's capability to deliver complex operations and integrate advanced technologies into maintenance and operations systems for military installations both domestically and internationally.
Amentum (NYSE: AMTM) reported its fiscal year 2024 results with GAAP revenues of $8.4 billion (7% growth) and a GAAP net loss of $82 million. The company achieved Pro Forma revenues of $13.9 billion (4% growth) and Pro Forma Net Income of $32 million. Pro Forma Adjusted EBITDA reached $1.052 billion, up 7% year-over-year.
The company's total backlog increased to $45.0 billion, up from $26.8 billion last year, primarily due to the addition of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses. Notable awards include a $45 billion DOE contract and various international contracts. Amentum affirmed its FY2025 guidance with projected revenues of $13.8-14.2 billion and Adjusted EBITDA of $1.06-1.1 billion.
Amentum (NYSE: AMTM) and Multiconsult Norge AS have been selected by Halden Kjernekraft AS to evaluate the potential construction of a small modular reactor (SMR) in Norway. The assessment will help Halden municipality determine if nuclear power can meet their advanced energy needs. The scope includes evaluating potential equipment suppliers, technical standards, and environmental impact assessment.
The project involves collaboration with Halden Kjernekraft, established by Norsk Kjernekraft, Østfold Energi, and Halden municipality. Both companies are currently involved in decommissioning work for a nuclear fuel and materials testing reactor in Halden. Multiconsult brings expertise in Norwegian supplier industry and energy sector, while Amentum contributes experience in SMR and nuclear power plant establishment in Europe and the UK.
Amentum (NYSE: AMTM) has secured a $105 million contract from Naval Surface Warfare Center Crane to enhance Electronic Warfare (EW) and Intelligence, Surveillance, and Reconnaissance (ISR) systems. The 60-month cost-plus/fixed-fee task order focuses on developing next-generation mission and survivability systems.
The company will utilize its Integrated Digital Engineering Approach (IDEA) to modernize aging components, implement state-of-the-art technology, and provide total lifecycle management of advanced surveillance systems. Work includes vehicle integration, platform integration, sensor integration, supply chain security, and anti-tamper technologies.
The contract was awarded through the Department of Defense Information Analysis Center's multiple-award contract vehicle, with primary operations in Crane, Indiana.
Amentum (NYSE:AMTM) announced that West Valley Cleanup Alliance, (WVCA), a joint venture led by BWXT Technical Services Group including Jacobs Technology and Geosyntec Consultants, has been awarded the West Valley Project Phase 1B Deactivation & Demolition contract. The Department of Energy contract has a maximum value of $3 billion over a 10-year ordering period.
The project scope includes disposal of radioactive waste, soil remediation, decontamination of underground high-level waste tanks, and transport of solidified waste to a federal repository. The work will take place at the West Valley Demonstration Project, a 150-acre site located 35 miles south of Buffalo, New York, which houses the only commercial spent nuclear fuel reprocessing facility to operate in the United States.
Amentum (NYSE: AMTM) has appointed Darren Burton as Chief People Officer, effective immediately. Burton will oversee talent strategy and management for the company's 53,000 employees across 80 countries. He brings over 20 years of experience and previously served as chief people officer at Eightfold AI, vice chair of human resources at KPMG, and VP of HR at Raytheon. At Raytheon, he managed HR strategies for a $6 billion organization with 16,000 employees and led HR efforts for multiple acquisitions. Burton holds a BA in sociology from the University of Oswego and a master's in industrial and labor relations from Cornell University.
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