Amentum (NYSE: AMTM) has been awarded a $105 million contract to support Naval Surface Warfare Center Crane (NSWC Crane) Airborne Electronic Attack Systems Division (AEASD) to develop the next generation of Electronic Warfare (EW) and Intelligence, Surveillance, and Reconnaissance (ISR) mission and survivability systems. Amentum will replace aging or obsolete components and systems and install state-of-the-art technology to enhance the capabilities of EW and ISR systems, delivering critical expertise in protecting U.S. national security.

“Amentum will leverage our digital engineering ecosystem and model-based system engineering expertise to strengthen EW/ISR capabilities and provide critical warfighter protection,” said Mark Walter, President of Amentum Engineering & Technology group.

Under this contract, Amentum will perform RDT&E engineering to enhance the total lifecycle management of advanced surveillance systems, including vehicle integration, platform integration, sensor integration, supply chain security, obsolescence analysis, and anti-tamper technologies. Amentum will use its Integrated Digital Engineering Approach (IDEA) to identify critical enabling technologies and develop new approaches and opportunities for technology transfer and integration to keep pace with continually emerging and evolving threats. This will drive continued technological superiority by incorporating quick-reaction analysis and rapid engineering development principles.

Amentum was awarded this contract under the Department of Defense Information Analysis Center’s (DoDIAC) multiple-award contract (MAC) vehicle. These IAC MAC task orders are awarded by the U.S. Air Force’s 774^th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the DTIC repository and the R&D and S&T community. The contract term is a 60-month cost-plus/fixed-fee task order. The primary place of performance for this contract will be Crane, Indiana. This contract vehicle includes an assisted acquisition usage fee and is designed to support NSWC Crane’s ongoing mission needs.

About the DoDIAC Program

The DoDIAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, the IAC program serves the DoD science & technology (S&T) and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DoD and broader S&T community.

About Amentum

Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, inclusion and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents.

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Forward-Looking Statements

This press release contains or incorporates by reference statements that relate to future events and expectations and, as such, constitute forward-looking statements under the securities laws, including statements regarding the Reverse Morris Trust transaction (the “transaction”), as described in the information statement filed as Exhibit 99.1 to the Current Report on Form 8-K of Amentum Holdings, Inc. (the “Company”) filed with the Securities and Exchange Commission (the “SEC”) on September 18, 2024 (the “information statement”). These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the anticipated work and revenue under the awarded contract, the expected benefits of the transaction, including future financial and operating results and strategic benefits, the tax consequences of the transaction, and the Company’s objectives, expectations and intentions, applicable legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements.

For information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see the discussions under the section entitled “Risk Factors” in the information statement. Any forward-looking statement speaks only as of the date on which it is made, and the Company assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

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