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 ...

CHANTILLY, Va.--(BUSINESS WIRE)-- Amentum (NYSE: AMTM) today announced it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Lockheed Martin ...

Rapid Solutions manufactures intelligence ... The unit accounts for around 1% of Amentum's annual revenue and adjusted earnings before interest, taxes, depreciation, and amortization.

Lockheed Martin has agreed to buy Amentum's hardware and product business for $360 million in cash. Amentum said Wednesday that selling its Rapid Solutions business is part of a strategy to strip down ...

Amentum’s (AMTM) stock rose 3.9% in premarket trading Wednesday after the company said it agreed to sell its Rapid Solutions business to Lockheed Martin (NYSE:LMT) for $360 million in cash.

Amentum shares jumped premarket on a $360M deal to sell its Rapid Solutions unit to Lockheed Martin. The sale, expected to close in H2 2025, will net Amentum ~$325M after tax and sharpen its ...

Read about Amentum's fiscal 2025 second-quarter financial results and learn about CEO John Heller's remarks on major contract ...

Chantilly-based federal contractor Amentum announced Wednesday it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Fortune 500 aerospace company ...

The sale aligns with Amentum's strategy to sharpen its focus on mission-critical, technology-enabled services while also accelerating efforts to reduce debt. The divestiture is projected to yield ...

Amentum said Wednesday that selling its Rapid Solutions business is part of a strategy to strip down to a pure-play technology provider. It also helps the company chip away at debt on its balance ...