Amentum Secures COSMIC Contract to Enhance NASA's Space Infrastructure
Amentum (NYSE: AMTM), in collaboration with Chugach Government Solutions (CGS) through the Nova Space Solutions (NSS) Joint Venture, has been awarded NASA's Consolidated Operations, Services, and Maintenance Infrastructure Contract (COSMIC) at Stennis Space Center (SSC) and Michoud Assembly Facility (MAF). On COSMIC, Amentum will deliver advanced technologies to elevate operational innovation for our national space infrastructure.
With a contract value of $822.7 million, the COSMIC contract is scheduled to start operations in July 2025 and extend over 8 years. As part of this project, NSS will deliver essential facility solutions, engineering and manufacturing capabilities, contract management, logistics, facility operations, and environmental solutions.
'Amentum brings technical agility and intelligent infrastructure leadership to our long-standing partnership with NASA,' said Mark Walter, President of Amentum Engineering & Technology Group. 'By delivering innovative solutions like Intelligent Asset Management and digital engineering to our nation's space infrastructure, we can advance NASA's space exploration and mission success.'
Amentum's proven performance at NASA centers nationwide highlights its reliable, high-quality, cost-effective solutions. As NASA's premier engineering services provider, Amentum will enhance the COSMIC effort with advanced technologies such as Intelligent Asset Management, digital engineering tools, and cutting-edge data analytics, driving innovation, efficiency, and operational excellence in NASA's national space infrastructure.
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, collaboration 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.
Visit us at amentum.com to learn how we advance the future together.
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Forward-Looking Statements
This press release contains or incorporates by reference statements by Amentum Holdings, Inc. (the 'Company') that relate to future events and expectations and, as such, constitute 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements may be characterized by terminology such as '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, 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.
A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including, among others: the occurrence of an accident or safety incident; the ability of the Company to control costs, meet performance requirements or contractual schedules; and other factors set forth under Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 27, 2024, which can be found at the SEC's website at www.sec.gov or the Investor Relations portion of our website at www.amentum.com. 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.
Leah Shoats
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SOURCE: Amentum
Copyright Business Wire 2025.
PUB: 02/06/2025 08:15 AM/DISC: 02/06/2025 08:15 AM
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