Amentum (company)
 | This page in a nutshell: Large Defense Contractor |
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| Company type | Private |
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| Headquarters | Chantilly, Virginia |
Area served | Worldwide |
Key people | John Heller (CEO) |
| Products | government services |
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| Website | amentum.com |
| Footnotes / references [1][2][3] | |
Amentum Services, Inc. (formally Amentum Government Services Holding LLC) is an American government and commercial services contractor based in Chantilly, Virginia.[4][5] The company was formed in 2020 from the spinout of AECOM's Management Services / federal group.[6] After Leidos, it is the second-largest government services (non equipment producing) contractor in the US government contracting market.[7]
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.[8]
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.[9]
On the 27th September 2024 Amentum announced the completion of its merger with Jacobs Solutions Inc Critical Mission Solutions and Cyber and Intelligence businesses. [10]
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. [11]
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[15]
- Various operations roles for nuclear remediation at the Savannah River Site and the Hanford Site[16]
- 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[17]
- Operates the Nevada Test and Training Range[18]
- Operations of the Kennedy Space Center
See also
References
- ↑ "Key Locations". https://www.amentum.com/locations/.
- ↑ "Amentum to Acquire PAE Incorporated". Business Wire. 2021-10-25. https://www.businesswire.com/news/home/20211025005455/en/Amentum-to-Acquire-PAE-Incorporated. Retrieved 2023-10-27.
- ↑ Staff Writer (2022-02-24). "John Heller Tapped as Amentum CEO". WashingtonExec (WashingtonExec). https://washingtonexec.com/2022/02/john-heller-tapped-as-amentum-ceo/.
- ↑ Chanel (2023-02-07). "Amentum Awarded $487M Contract to Deliver Logistics Solutions for U.S. Military Equipment" (in en-US). https://www.amentum.com/amentum-awarded-487m-contract-to-deliver-logistics-solutions-for-u-s-military-equipment/.
- ↑ "Key Locations" (in en-US). https://www.amentum.com/locations/.
- ↑ Wilkers, Ross (2020-02-04). "What's next for 'Amentum' after AECOM spinoff". Washington Technology (Washington Technology). https://washingtontechnology.com/2020/02/whats-next-for-amentum-after-aecom-spinoff/354809/.
- ↑ Leuthy, Cameron; Levinson, Rob (2021-06-01). "The 200 government contractors shaping the federal market". Bloomberg Government (Bloomberg). https://about.bgov.com/reports/bgov-200-federal-industry-leaders-2021/.
- ↑ AECOM (2020-01-30). "Management Services Sale". Press Releases. https://aecom.com/management-services-sale/.
- ↑ "Corporate Lineage". Amentum. https://www.amentum.com/corporate-lineage/.
- ↑ 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). https://washingtontechnology.com/2020/09/how-the-amentum-dyncorp-deal-came-to-be-in-a-covid-world/355033/.
- ↑ Biesecker, Cal (2020-11-24). "Amentum Closes Deal For DynCorp". Defense Daily (Defense Daily). https://www.defensedaily.com/amentum-closes-deal-dyncorp/business-financial/.
- ↑ Losey, Stephen (2022-02-15). "Amentum closes $1.9 billion acquisition of PAE". DefesneNews (DefenseNews). https://www.defensenews.com/industry/2022/02/15/amentum-closes-19-billion-acquisition-of-pae/.
- ↑ Keller, Katie (2021-01-07). "Amentum Awarded US Army Contract for Flight and Simulator Training". ClearanceJobs (ClearanceJobs). https://news.clearancejobs.com/2021/01/07/amentum-awarded-us-army-contract-for-flight-and-simulator-training/.
- ↑ Barber, Wayne (2020-02-07). "Amentum is New Name With Familiar Faces to DOE Crowd, Executive Says". Exchange Monitor (Exchange Monitor). https://www.exchangemonitor.com/amentum-new-name-familiar-faces-doe-crowd-executive-says/.
- ↑ Pasternack, Alex (2013-08-29). "Why The U.S. Is Building A High-Tech Bubonic Plague Lab In Kazakhstan". Motherboard (Popular Science). https://www.popsci.com/technology/article/2013-08/why-us-building-high-tech-bubonic-plague-lab-kazakhstan/.
- ↑ Wilkers, Ross (2018-05-23). "AECOM books $3.1B test range services contract". Washington Technology (Washington Technology). https://washingtontechnology.com/2018/05/aecom-books-31b-test-range-services-contract/347981/. Retrieved 2022-07-12.
External links
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- Amentum recruits for Washington's acoustic intelligence battle with China in Pacific, Intelligence Online, May 9, 2024 (requires free registration)