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Amentum Awarded NASA Contract for CMOE II
Amentum has been awarded the Center Maintenance, Operations, and Engineering II, CMOE II, contract at NASA Langley Research Center in Hampton, Virginia. The award reaffirms Amentum's role as a trusted partner in advancing NASA's groundbreaking research, technology development, and exploration goals.
Amentum Joins Babcock International Group Five-Year Engineering Services Framework
Amentum has joined a five-year Babcock International Group Engineering Services Framework to support nuclear, marine, land, aviation and mission systems for the UK Armed Forces at home and abroad. The company said, "The agreement forms part of a wider strategy to build closer, long-term partnerships with key suppliers, creating a simpler and more consistent way to bring specialist engineering expertise into critical defence programmes. The framework enables suppliers to support multiple projects more quickly, helping streamline procurement and strengthen collaboration. The award of the framework builds on decades of infrastructure support to Babcock's Devonport Royal Dockyard, His Majesty's Naval Base Clyde, and the Rosyth Royal dockyard, and enables on-going and future support to critical UK defence and submarine programmes, as well as broader support for platforms and infrastructure across the nuclear, marine, land, and air domains."
Cuts FY26 Revenue Outlook to $13.8B
Consensus $2.42. Cuts FY26 revenue view to $13.8B-$13.95B from $13.95B-$14.3B, consensus $14.14B.
Amentum Reports Q3 Revenue of $3.49B
Reports Q3 revenue $3.49B, consensus $3.57B. "We delivered solid third quarter results with strong operating performance, profitability, and free cash flow," said Amentum Chief Executive Officer John Heller. "Although near-term dynamics have impacted our revenue outlook, our strong year-to-date results allow us to increase guidance for both Adjusted EBITDA and Adjusted Diluted EPS. Looking ahead, we've made significant progress executing our strategy and our leading business development indicators remain robust including recently announced key wins and partnerships in global nuclear energy. We remain focused on delivering differentiated solutions to our customers and driving long-term value for our shareholders."
Westinghouse and Amentum Sign Agreements to Support APX Technology Platform
Westinghouse Electric Company and Amentum have entered into a series of agreements supporting the Westinghouse APX technology platform. These agreements augment Westinghouse capabilities to support fleet-scale deployment of its AP1000 reactor while also advancing the development of the AP300 small modular reactor, SMR. "Westinghouse is pursuing a disciplined APX technology strategy built on the proven AP1000 reactor and extended through the AP300 SMR," said Dan Sumner, President and Chief Executive Officer of Westinghouse. "We continue to make investments to strengthen our proven APX platform, and our ongoing collaboration with Amentum is expected to accelerate the licensing of the AP300 SMR with the NRC. Separately, our two companies will work together to enhance our engineering and execution capabilities for delivering 1-gigawatt reactors at scale."
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