 | |
| Company type | Public |
|---|---|
| Traded as | |
| Industry | National security, defense, healthcare, engineering |
| Predecessor | |
| Founded | February 4, 2020 (4 years ago) (2020-02-04) in Germantown, Maryland |
| Headquarters | Chantilly, Virginia, U.S. |
| Area served | Worldwide |
| Key people | John Heller (CEO) |
| Products | government services |
| Revenue |  > US$9 billion (2021) |
| Owner | |
| Number of employees | > 50,000 (2022) |
| Website | amentum.com |
| Footnotes / references | |
Amentum Holdings, Inc. (formally Amentum Government Services Holding LLC) is an American government and commercial services contractor based in Chantilly, Virginia. The company was formed in 2020 from the spinout of AECOM's Management Services / federal group. After Leidos, it is the second-largest government services (non equipment producing) contractor in the US government contracting market.
History
Amentum was founded in 2020 as a spinout of the Management Services Group of AECOM, consisting of the non-construction parts of the company's federal work as well as its commercial operations and maintenance business. This came as a result of a process by AECOM to realign its business to focus more clearly on the architect, engineering, and construction market.
Amentum traces its AECOM roots back to several well-known government contracting firms that now form the basis of its current work. These firms came to be a part of the company by way of AECOM's acquisition of URS Corporation and include EG&G, Washington Group International, Westinghouse Government Services, and Lear Siegler.
On the 27th September 2024 Amentum announced the completion of its merger with Jacobs Solutions Inc Critical Mission Solutions and Cyber and Intelligence businesses.
On October 1st, 2024, Amentum became a publicly traded company on the NYSE under the ticker symbol "AMTM", becoming a part of the S&P 500.
Growth through acquisitions
As part of the strategy by its owners, Amentum has pursued acquisitions of other government contractors including:
Notable Projects
- Training of all US Army helicopter pilots at Fort Rucker for the United States Army Aviation Center of Excellence
- Various operations roles for nuclear remediation at the Savannah River Site and the Hanford Site
- Operation of the Waste Isolation Pilot Plant - the US nuclear waste repository
- Elimination of chemical and biological weapons under the Nunn–Lugar Cooperative Threat Reduction Program as well as the creation of labs to study diseases
- Operates the Nevada Test and Training Range
- Operations of the Kennedy Space Center
See also
References
- "Key Locations". amentum.com. Retrieved 4 June 2023.
- "Amentum to Acquire PAE Incorporated". Business Wire. 2021-10-25. Retrieved 2023-10-27.
- Staff Writer (2022-02-24). "John Heller Tapped as Amentum CEO". WashingtonExec. WashingtonExec. Retrieved 2022-07-06.
- Chanel (2023-02-07). "Amentum Awarded $487M Contract to Deliver Logistics Solutions for U.S. Military Equipment". Amentum. Retrieved 2023-02-23.
- "Key Locations". Amentum. Retrieved 2023-02-23.
- Wilkers, Ross (2020-02-04). "What's next for 'Amentum' after AECOM spinoff". Washington Technology. Washington Technology. Retrieved 2022-07-06.
- Leuthy, Cameron; Levinson, Rob (2021-06-01). "The 200 government contractors shaping the federal market". Bloomberg Government. Bloomberg. Retrieved 2022-07-06.
- AECOM (2020-01-30). "Management Services Sale". Press Releases. Retrieved 2022-07-06.
- "Corporate Lineage". Amentum. Retrieved 2022-07-06.
- https://www.amentum.com/amentum-completes-transformational-combination-with-jacobs-critical-mission-solutions-and-cyber-and-intelligence-units/
- https://www.investopedia.com/amentum-stock-reverses-its-gains-after-joining-s-and-p-500-8721520
- Wilkers, Ross (2020-09-28). "How the Amentum-DynCorp deal came to be in a COVID world". Washington Technology. Washington Technology. Retrieved 2022-07-06.
- Biesecker, Cal (2020-11-24). "Amentum Closes Deal For DynCorp". Defense Daily. Defense Daily. Retrieved 2022-07-06.
- Losey, Stephen (2022-02-15). "Amentum closes $1.9 billion acquisition of PAE". DefesneNews. DefenseNews. Retrieved 2022-07-06.
- Keller, Katie (2021-01-07). "Amentum Awarded US Army Contract for Flight and Simulator Training". ClearanceJobs. ClearanceJobs. Retrieved 2022-07-06.
- Barber, Wayne (2020-02-07). "Amentum is New Name With Familiar Faces to DOE Crowd, Executive Says". Exchange Monitor. Exchange Monitor. Retrieved 2022-07-06.
- Pasternack, Alex (2013-08-29). "Why The U.S. Is Building A High-Tech Bubonic Plague Lab In Kazakhstan". Motherboard. Popular Science. Retrieved 2022-07-06.
- Wilkers, Ross (2018-05-23). "AECOM books $3.1B test range services contract". Washington Technology. Washington Technology. Retrieved 2022-07-12.
External links
- Official website
- Business data for Amentum Holdings, Inc.:
- Amentum recruits for Washington's acoustic intelligence battle with China in Pacific, Intelligence Online, May 9, 2024 (requires free registration)