Amentum Holdings, Inc.: Business Overview, Financials & Competitive Analysis
Amentum Holdings, Inc. scores 8/10 on the AskCyborg Cyborg Score (Strong). Mission-critical government contractor with massive backlog visibility, post-merger synergies materializing, and strong analyst momentum. FY2025 revenue reached $14.4 billion with 4% pro-forma growth and $516 million in free cash flow directed toward deleveraging. Q1 2026 adjusted EPS of $0.54 beat analyst estimates. Wall Street raised price targets to $42.
What is Amentum Holdings, Inc.'s industry? Amentum Holdings, Inc. (amentum.com) operates in Defense Contracting & Government Services. AskCyborg classifies Amentum Holdings, Inc. under Defense Contracting & Government Services in its company registry.
Amentum Holdings is an American government and commercial services contractor based in Chantilly, Virginia. The company provides engineering and technology solutions through two segments: Digital Solutions and Global ...
Cyborg Score thesis
Mission-critical government contractor with massive backlog visibility, post-merger synergies materializing, and strong analyst...
Read the full analyst-debate transcript →Get the Latest Amentum Holdings, Inc. Report
Up-to-date AI-powered research, analyst debate audio & saved-company playlists
Get Current Report FreeAmentum Holdings, Inc. Overview
Pro stress-test →Amentum Holdings is an American government and commercial services contractor based in Chantilly, Virginia. The company provides engineering and technology solutions through two segments: Digital Solutions and Global Engineering Solutions. After Leidos, it is the second-largest government services (non equipment producing) contractor in the US government contracting market.
Strategic Profile
Pro stress-test →Amentum has transformed through massive consolidations, culminating in its 2024 merger with Jacobs Solutions' Critical Mission Solutions and Cyber & Intelligence businesses. With a record-breaking backlog of $47.2 billion, the company is pivoting toward high-margin digital solutions and serves as a critical architect of national security and global energy infrastructure. Approximately 80% of Amentum's revenue is derived from the U.S. Federal Government, providing a diversified revenue stream largely insulated from commercial economic cycles.
Competitive Landscape
Pro stress-test →Amentum ranks as the second-largest government services contractor after Leidos. The company currently trades at a discount to peers like Leidos on an EV/EBITDA basis despite having a larger backlog-to-revenue ratio. Primary competitors include established defense and engineering contractors serving federal government contracts.
Industry Context
Amentum Holdings, Inc. operates in Defense Contracting & Government Services.
Key facts
Founded: 2020 · Headquarters: Chantilly, Virginia · Revenue: $14.4B · Market cap: $7.7B