The Outernet's backbone in space brings an unparalleled level of security to government & defense communications Highlights: Outernet is a constellation of 600 ultra-secure, networked low-earth orbit satellites Combining the speed of fiber with the reach of satellite Orbital mesh network with no terrestrial gateways ensures security by design WASHINGTON , March 11, 2025 /PRNewswire/ -- Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, is partnering with Rivada Space Networks to offer a unique, ultra-secure low earth orbit connectivity network to support mission-critical U.S. government communications around the globe. As the first unified global communications network, Rivada's Outernet is transformative.
Amentum Holdings, Inc. is currently trading at a much lower price compared to its competitors, even though it has positive medium-term forecasts and optimistic analyst predictions. The company's varied sources of income, large backlog, and alignment with the priorities of the Trump administration help shield it from possible DOGE cuts. Although high debt and issues related to spin-offs are putting pressure on the stock, the company is working on reducing its debt, and the spin-off concerns should be resolved in time.
CHANTILLY, Va.--(BUSINESS WIRE)-- #AmentumWin--Amentum (NYSE: AMTM), a worldwide leader in advanced engineering and technology solutions, has been chosen by the General Services Administration (GSA) for the One Acquisition Solution for Integrated Services Plus (OASIS+) program, which includes multiple awards across all eight areas. Amentum plans to use its extensive technical knowledge and experience to provide a wide range of solutions, such as research and development, engineering, C4ISR, and smart infrastructure.
CHANTILLY, Va.--(BUSINESS WIRE)-- #AMTM--Amentum Holdings, Inc. (“Amentum” or the “Company”) (NYSE: AMTM), a top engineering and technology firm, has released its results for the first quarter ending December 27, 2024, and confirmed its forecast for fiscal year 2025. "We have made a strong beginning as a newly merged company," stated Amentum CEO John Heller. "Our first quarter results were solid and met our expectations in all important financial areas."
Amentum Holdings (AMTM) reported a profit for the fourth quarter, but its stock fell on Tuesday after company leaders mentioned during the earnings call that they anticipate growth in fiscal 2025 will be impacted by the expected reduction of some government programs.
Amentum Holdings, Inc. (NYSE:AMTM) will hold its Q4 2024 Earnings Conference Call on December 17, 2024, at 8:30 AM ET. The call will feature company representatives including Nathan Rutledge, John Heller, Travis Johnson, and Steve Arnette, along with participants from various financial institutions. Thank you for joining us this morning for Amentum's Fiscal Year 2024 Earnings Conference Call.
The engineering and technology firm has reported a profit in its fourth quarter of the fiscal year.
Amentum Holdings, Inc. (AMTM) is set to announce its earnings for the most recent quarter on Tuesday, December 17, before the market opens.
CHANTILLY, Va.--(BUSINESS WIRE)-- #CPO--Amentum (NYSE: AMTM) has announced that Darren Burton is now the Chief People Officer, starting immediately. He will oversee the company's talent strategy and management to support a diverse workforce around the world. Amentum employs 53,000 people in about 80 countries and is a leading provider of advanced engineering and technology solutions for the U.S., the U.K., and other allied nations.
In September, Jacobs Solutions separated a company that focuses on engineering and technology solutions.