Chantilly-based federal contractor Amentum announced Wednesday it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Fortune 500 aerospace company ...

April 23, 2025--(BUSINESS WIRE)--Amentum (NYSE: AMTM) today announced it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Lockheed Martin ...

Lockheed Martin has agreed to acquire Amentum’s Rapid Solutions business for approximately $360 million in cash. Amentum said Wednesday the transaction is expected to conclude in the second half ...

Rapid Solutions manufactures intelligence ... The unit accounts for around 1% of Amentum's annual revenue and adjusted earnings before interest, taxes, depreciation, and amortization.

Lockheed Martin has agreed to buy Amentum's hardware and product business for $360 million in cash. Amentum said Wednesday that selling its Rapid Solutions business is part of a strategy to strip down ...

Known inside Amentum as Rapid Solutions, this business unit employs approximately 230 people that work on the manufacturing of communications and other tactical systems for national security programs.

Read about Amentum's fiscal 2025 second-quarter financial results and learn about CEO John Heller's remarks on major contract ...

Amentum’s (AMTM) stock rose 3.9% in premarket trading Wednesday after the company said it agreed to sell its Rapid Solutions business to Lockheed Martin (NYSE:LMT) for $360 million in cash.

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