Backlog And Sales CoverageAMTM’s backlog is now ~$45bn, reflecting >3x sales coverage, which generally bodes well for the longer-term growth outlook.
Diversified PortfolioAmentum boasts the most diversified portfolio among federal contractors, ensuring no single end market or customer is expected to account for more than 15% of total sales.
Long-term Growth PotentialOpportunities from the Space Force, such as the recent $4bn 10-yr win, provide some insulation and long-term upside potential.