Amentum Seeks Greater Space, Tech Reach As Public Trading Debuts

Sept. 27, 2024, 8:10 PM UTC

Amentum completed its merger with Jacobs Solutions Inc.'s spun-off critical mission solutions, and cyber and intelligence businesses. The merger of the privately held Amentum and the units of publicly listed Jacobs, completed Friday, has created a new publicly traded Amentum Holdings Inc. (AMTM) that will start trading Sept. 30 on the New York Stock Exchange and be listed on the S&P 500.

With its added muscle, the Chantilly, Virginia-based engineering and technology services company is positioning to expand its market in the intelligence community, the space domain, data analytics, and hypersonic technology, Amentum Chief Executive Officer John Heller said in ...

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