Strong Financial Performance
Amentum reported revenue of $3.5 billion, adjusted EBITDA of $268 million reflecting 3% year-over-year growth, and a free cash flow of $53 million for the second quarter of fiscal year 2025.
Significant Contract Wins
Amentum was awarded multiple intelligence contracts totaling over $1 billion and was selected as the program manager and lead design engineer for the Sizewell C nuclear power station in the UK.
Sustained Demand and Bookings
Amentum reported $2.8 billion in net bookings with a quarterly book-to-bill ratio of 0.9 times, resulting in a year-to-date book-to-bill ratio of one-times and an imputed book-to-bill ratio of 1.2 times, indicating strong demand for its solutions.
Strategic Divestiture
Amentum announced the divestiture of its Rapid Solutions product business, generating approximately $325 million in after-tax proceeds, aligned with the company's capital-light strategy and balance sheet strengthening efforts.