CHANTILLY, Va., January 9, 2025 – Amentum (NYSE: AMTM), a global leader in advanced engineering and technology solutions, has been awarded the Air Forces Central Command Global Prepositioned Materiel Services (GPMS) contract to deliver and modernize prepositioned storage and maintenance solutions. The contract, valued at $447 million, assures mission readiness at scale.
“This win demonstrates our expertise in delivering smart asset management solutions that maximize efficiency, extend asset lifecycles, and drive measurable value for customers,” said Dr. Karl Spinnenweber, President, Amentum Mission Solutions business group. “This contract win shows our leadership in asset management, particularly during contingency operations when mission readiness is paramount.”
Amentum will leverage proven technologies for smart asset management and a customized Data Management System (DMS) tailored to meet GPMS requirements. These proven Amentum solutions ensure assets are managed efficiently and in line with the rigorous standards of the U.S. military.
“Our team’s dedication to innovation sets us apart as a leader in providing tailored advanced engineering and technology solutions to our customer’s unique challenges,” said Joe Kelly, SVP, Sustainment Analytics business line at Amentum.
About Amentum
Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, inclusion and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents.
Visit us at amentum.com to learn how we advance the future together.
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Forward-Looking Statements
This press release contains or incorporates by reference statements by Amentum Holdings, Inc. (the “Company”) that relate to future events and expectations and, as such, constitute “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements may be characterized by terminology such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the anticipated work and revenue under the awarded contract, and the Company’s objectives, expectations and intentions, applicable legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements.
A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including, among others: the occurrence of an accident or safety incident; the ability of the Company to control costs, meet performance requirements or contractual schedules; and other factors set forth under Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 27, 2024, which can be found at the SEC’s website at www.sec.gov or the Investor Relations portion of our website at www.amentum.com. Any forward-looking statement speaks only as of the date on which it is made, and the Company assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
