Amentum

EnergySolutions, Salt Lake City, will consider putting nuclear reactors under development at Terrestrial Energy, a Charlotte, N.C., on some of the Utah-based company’s sites, the companies said Wednesday. In a joint press release, the companies said they signed a memorandum of understanding “to collaborate on the siting and deployment of Integral Molten Salt Reactor (IMSR) […]

The BWX Technologies-led joint venture assuming responsibility for managing liquid waste at the Department of Energy’s Hanford Site in Washington state has scheduled a couple of employee transition meetings for January. The sessions, announced in a Nov. 20 post on the Hanford Tank Waste Operations & Closure (H2C) website, will be set for Jan. 15 […]

Virginia-based Amentum Holdings Monday announced the appointment of Darren Burton as its chief people officer of the publicly traded company with 53,000 employees spread across 80 countries. Burton has more than two decades of experience in corporate personnel management, Amentum said in a Monday press release. Burton’s most recent post was chief people officer at […]

On the Monday before Thanksgiving, the Department of Energy kicked off its market research into the next environmental cleanup contract at the Paducah Site in Kentucky. DOE’s Office of Environmental Management published online a request for information/sources sought notice at the Paducah Gaseous Diffusion Plant complex in Western Kentucky. Responses to the Paducah Deactivation and […]

Dallas-based Jacobs Solutions this week praised the Sept. 27 completion of the spinoff of its government contracting and cyber-intelligence businesses, which leaves Jacobs and its shareholders as key owners of the new publicly-traded Amentum Holdings. The September transition, known as a Reverse Morris Trust transaction, where some assets are moved to a third party, in […]

Dallas-based Jacobs Solutions this week praised the Sept. 27 completion of the spinoff of its government contracting and cyber-intelligence businesses, which leaves Jacobs and its shareholders as key owners of the new publicly-traded Amentum Holdings. The September transition, known as a Reverse Morris Trust transaction, where some assets are moved to a third party, in […]

The Department of Energy awarded a $1.1 billion operations and support contract for former gaseous diffusion plant sites in Ohio and Kentucky to Mission Conversion Services Alliance, the agency said Friday. The contract for Operations and Site Mission Support at the Paducah Site in Kentucky and the Portsmouth Site in Ohio includes conversion of depleted […]

Ty Blackford, the president and project manager of the Department of Energy’s Amentum-led cleanup contractor at the Idaho National Laboratory, told an advisory board Wednesday that he is leaving. At a meeting of the Idaho Cleanup Project’s Citizens Advisory Board, Blackford said this would be his last time meeting with the panel. “I will be […]

More than a week into becoming publicly traded over the New York Stock Exchange, common shares of Amentum Holdings were trading at about $27 on Friday afternoon. Amentum Holding shares opened at $26.00 on Friday on the New York Stock Exchange and were hovering close to $27 a share that price during the first half […]

A little over a week into becoming publicly traded over the New York Stock Exchange, common shares of Amentum Holdings were trading at less than $25 at market close Tuesday afternoon. Amentum Holding shares were trading at $24.76 at 4 p.m. Eastern Time on Tuesday, according to Yahoo Finance. The Amentum stock opened the day […]

Amentum, which last week absorbed Jacobs Solutions’ government service business, is eyeing business opportunities at U.S. nuclear-weapon sites and in nuclear energy, its CEO told the ExchangeMonitor this week. Prior to Friday’s merger, Amentum, spun off from Aecom in 2020, was part of three big nuclear-weapons-cleanup contractors serving the Department of Energy’s Office of Environmental Management. […]

Amentum, which last week absorbed Jacobs Solutions’ government service business, is eyeing business opportunities at U.S. nuclear-weapon sites and in nuclear energy, its CEO told the ExchangeMonitor this week. Prior to Friday’s merger, Amentum, spun off from Aecom in 2020, was part of three big nuclear-weapons-cleanup contractors serving the Department of Energy’s Office of Environmental Management. […]

Amentum, which last week absorbed Jacobs Solutions’ government service business, is eyeing business opportunities at U.S. nuclear-weapon sites and in nuclear energy, its CEO told the ExchangeMonitor Tuesday. Prior to Friday’s merger, Amentum, spun off from Aecom in 2020, was part of three big nuclear-weapons-cleanup contractors serving the Department of Energy’s Office of Environmental Management. […]

The new Amentum Holdings, comprising the former privately-held Amentum and the Critical Mission Solutions and cyber businesses spun off by Dallas-based Jacobs, will start trading on the New York Stock Exchange on Monday Sept. 30.  As expected, the combined company on Friday announced it had completed its merger.  The new company will trade under the […]

The mega-merger of Amentum Services, Chantilly, and the government and cyber businesses of Jacobs Solutions, Dallas, was scheduled to close Friday, after deadline for Weapons Complex Monitor. The was to be finalized by 4:10 p.m. Eastern time on Friday, according to Jacobs’ press release, creating a new, publicly traded government and defense behemoth that would […]

The mega-merger of Amentum Services, Chantilly, and the government and cyber businesses of Jacobs Solutions, Dallas, was scheduled to close Friday and begin Monday. Jacobs announced Sept. 13 that the close of business today, Monday, Sept. 23, would be “the record date for the spin-off distribution of its Critical Mission Solutions and Cyber & Intelligence […]

The U.S. Court of Appeals for the Sixth Circuit this month ruled against the environmental prime at the Department of Energy’s Oak Ridge Site, saying it lacks sovereign immunity from a lawsuit filed by a radiation technician who was fired after refusing a COVID-19 vaccination. Amentum-led United Cleanup Oak Ridge (UCOR) argued it is shielded […]

Amentum and branches of Jacobs Solutions specializing in government and cyber-related work are poised to launch a new publicly-traded Amentum next month with deep footprints in nuclear, space exploration and defense work for the U.S. and its allies, executives said last week. “Following the combination, Amentum will generate revenues of approximately $14 billion. And importantly, […]

Privately-held Amentum, which has made big acquisitions of late, recorded a net loss in two of the past three fiscal years, according to a financial filing prior to next month’s planned merger with the government contracting branch of Dallas-based Jacobs. That is according to a July 15 filing with the Securities and Exchange Commission by […]

Publicly-traded companies involved with Department of Energy nuclear programs were not exempt from Monday’s stock market nosedive, although most rallied by the close of trading Thursday. Companies that are big players in both the DOE Office of Environmental Management and National Nuclear Security Administration (NNSA) and Office of Nuclear Energy posted per-share declines on Monday, […]

Earnings fell at Jacobs Solutions, Dallas, in its third quarter, as the international engineering and construction company refocuses on high-growth areas as it prepares to spin off its government contracting business that will merge with Amentum. Jacobs announced its quarterly financial results in a Tuesday press release. The company made a new Securities and Exchange […]

Earnings fell at Jacobs Solutions, Dallas, in its third quarter, as the international engineering and construction company refocuses on high-growth areas as it prepares to spin off its government contracting business that will merge with Amentum. Jacobs announced its quarterly financial results in a Tuesday press release. The company made a new Securities and Exchange […]

Privately-held Amentum, which has made big acquisitions of late, recorded a net loss in two of the past three fiscal years, according to a financial filing prior to next month’s planned merger with the government contracting branch of Dallas-based Jacobs. That is according to a July 15 filing with the Securities and Exchange Commission by […]

Privately-held Amentum, which has made big acquisitions of late, recorded a net loss in two of the past three fiscal years, according to a financial filing prior to next month’s planned merger with the government contracting branch of Dallas-based Jacobs. That is according to a July 15 filing with the Securities and Exchange Commission by […]

Earnings fell at Jacobs Solutions, Dallas, in its third quarter, as the international engineering and construction company refocuses on high-growth areas as it prepares to spin off its government contracting business that will merge with Amentum. Jacobs announced its quarterly financial results in a Tuesday press release. The company made a new Securities and Exchange […]

After Virginia-based Amentum merges with the Jacobs government contracting and cyber businesses this year, the company plans to trade on the New York Stock Exchange under the symbol “AMTM,”, according to a financial filing last week. Dallas-based Jacobs will still trade under the symbol “J,” according to a joint Securities and Exchange Commission filing by […]

After Virginia-based Amentum merges with the Jacobs government contracting and cyber businesses this year, the company plans to trade on the New York Stock Exchange under the symbol “AMTM,”, according to a financial filing last week. Dallas-based Jacobs will still trade under the symbol “J,” according to a joint Securities and Exchange Commission filing by […]

Virginia-based Amentum recently hired Nathan Rutledge for its newly-created position of senior vice president and head of investor relations. Rutledge will lead investor relations activity connected with Amentum’s announced merger with Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, according to a July 2  press release. The new blended company will be publicly traded. […]

Robert Wilkinson started his new job this week as president and project manager of the Amentum-led solid-waste prime at the Department of Energy’s Hanford Site in Washington state. Wilkinson, previously president of Leidos-led Hanford Mission Integration Solutions, is succeeding John Eschenberg atop Amentum-led Central Plateau Cleanup Company, which also includes Fluor and Atkins. Wilkinson’s first […]

Virginia-based Amentum recently hired Nathan Rutledge for its newly-created position of senior vice president and head of investor relations. Rutledge will lead investor relations activity connected with Amentum’s announced merger with Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses, according to a July 2  press release. The new blended company will be publicly traded. […]