Amentum 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