Strong Financial Performance
Amentum reported revenues of $13.9 billion, representing 4% organic growth, and adjusted EBITDA of $1.05 billion, representing 7% year-over-year growth, driven by a 20-basis-point year-over-year margin improvement.
Significant Backlog and Bookings
Ending fiscal year 2024 with $45 billion in backlog, representing 3.2 times annual revenue coverage. Net bookings totaled $12 billion, highlighting the strength of Amentum's end markets and full lifecycle solutions.
Major Contract Wins
Amentum secured significant contracts including a $45 billion 10-year contract for the Hanford Integrated Tank Disposition and a position on the UK's Hypersonic Technologies and Capabilities Development Framework.
Successful Merger and Integration
The merger with Jacobs' Critical Mission Solutions and Cyber and Intelligence units has led to a stronger, more diversified company with a broadened customer base and expanded capabilities.
Growth in Digital Solutions and Engineering
Fiscal year 2025 outlook includes revenues between $13.8 billion and $14.2 billion, and adjusted EBITDA between $1.06 billion and $1.1 billion, driven by new program awards and on-contract growth.