The Defense Threat Reduction Agency has awarded six companies positions on a $3.5 billion indefinite-delivery/indefinite-quantity, multiple-award contract for the Cooperative Threat Reduction, or CTR, Program. Under the 10-year contract, the selected companies will compete for task orders to provide a broad range of services and products to deliver ...
Amentum reported $3.6 billion in fiscal 2025 third quarter revenues, up 2 percent year-over-year. The advanced engineering and technology company also outperformed its expected earnings per share with an adjusted diluted EPS of $0.56, up 10 percent year-over-year and 80.65 percent higher than the forecasted $0.31. According to the earnings rele...
Chugach Government Solutions has appointed seasoned operations executive Laine Klein as president, effective Aug. 4. In her new role, she will lead the company’s federal government contracting operations, encompassing facilities management, technology, construction and education services worldwide. Klein succeeds Virginia Robinson, who will co...
Lockheed Martin has completed its acquisition of the Rapid Solutions business unit of Amentum. Lockheed said Thursday the move is intended to integrate the engineering and technology services company’s advanced space and airborne mission capabilities into its existing technology portfolio, strengthening its ability to support nationa...
Amentum CEO John Heller has accepted the 2025 Wash100 Award, which recognizes his leadership in the company’s merger with Jacobs’ critical mission solutions and cyber and intelligence businesses and transformation to a publicly traded firm. Executive Mosaic CEO Jim Garrettson paid a visit to Amentum’s office to personally con...
Amentum has named Max Shier, a cybersecurity executive, vice president and chief information security officer. Shier announced his appointment in a LinkedIn post published Monday. He brings to the technical and engineering services contractor nearly three decades of experience in digital transformation, cybersecurity program development and implemen...
Amentum has secured a $91.8 million contract from the Naval Surface Warfare Center Dahlgren Division, NSWCDD, to provide software engineering services to enhance the Navy’s Sensor Systems capabilities in line with the service branch’s national security objectives. Contract Scope The advanced engineering and innovative technology company ...
Amentum reported $3.5 billion in revenues during the second quarter of fiscal year 2025, up 1 percent on a pro forma basis driven by growth in the company’s digital solutions segment. Q2 FY 2025 Financial Results In an earnings release published Tuesday, the Chantilly, Virginia-based government technology company said that as of March 28, its...
Lockheed Martin has agreed to acquire Amentum’s Rapid Solutions business for approximately $360 million in cash. Amentum said Wednesday the transaction is expected to conclude in the second half of 2025, subject to regulatory approvals and other customary closing conditions. Upon closing, Lockheed will integrate Rapid Solutions and about 230 e...
Amentum has received a $247.6 million contract from the Department of Defense Air Combat Command Acquisition Management and Integration Center, Counternarcotics and Global Threats, or CN>, Division to combat financial threats against national interests. Global Counter-Threat Finance Contract Scope The global technical and engineering serv...
