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.

Lockheed Martin has agreed to acquire a product development business from Amentum for $360 million in cash to further build up Lockheed's lineup of airborne and space technologies, among others.

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 ...

Lockheed Martin, one of the largest U.S. defense contractors, did not provide additional comment. Amentum, headquartered in Chantilly, Virginia, operates in more than 80 countries with over 53,000 ...

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 ...

Roughly 230 employees will move once the deal closes later this year. Fairfax to give Lockheed subsidiary $1M to stay © 2025 American City Business Journals. All ...

Amentum agrees to sell unit to Lockheed Martin for $360M Company News Published 04/23/2025 ... As part of the transaction, approximately 230 employees from Rapid Solutions will join Lockheed Martin.

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 ...