Amentum To Divest Rapid Solutions Product Business For $360 Million To Lockheed Martin

Amentum Offloads Hardware Unit To Focus On Critical Services, Inks $360 Million Deal With Lockheed Martin - Lockheed Martin (NYSE:LMT), Amentum Holdings (NYSE:AMTM)

Amentum Holdings, Inc. (NYSE:AMTM) shares gained on Wednesday. The company disclosed that it reached a definitive deal to sell its Rapid Solutions hardware and product business to Lockheed Martin Corporation (NYSE:LMT) for a cash transaction valued at $360 million. The company’s Rapid Solutions business specializes in ISR, advanced communications, and tactical systems aimed at critical national security challenges. As part of the deal, roughly 2…

Lockheed to Buy Amentum's Rapid Solutions Business for $360M - GovCon Wire

Lockheed Martin has agreed to acquire Amentum’s Rapid Solutions business for approximately $360 million in cash. Amentum said Wednesday the transaction is expected to conclude in the second half of 2025, subject to regulatory approvals and other customary closing conditions. Upon closing, Lockheed will integrate Rapid Solutions and about 230 employees into its space business

Lockheed Martin Acquiring Amentum’s Rapid Solutions Business For $360 Million - Defense Daily

Lockheed Martin [LMT] and Amentum [AMTM] on Wednesday said they have reached a deal for Amentum to sell its engineering and technology-focused Rapid Solutions business to Lockheed for $360 million […]

Amentum To Divest Rapid Solutions Product Business For $360 Million To Lockheed Martin

CHANTILLY, Va.–(BUSINESS WIRE)–Amentum (NYSE: AMTM) today announced it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Lockheed Martin (NYSE: LMT) for $360 million in cash. The transaction, which is subject to customary regulatory approvals and closing conditions, will advance Amentum’s strategy as a pure-play provider of technology-enabled solutions and accelerates its debt reduction object…

Lockheed Martin to acquire Amentum’s Rapid Solutions to strengthen ISR and space systems

Rapid Solutions’ portfolio is recognised for addressing critical national security challenges and aligns with Lockheed Martin’s strategy of rapidly advancing defence capabilities. The integration aims to strengthen the defence industrial base and enhance the delivery of vital technologies. “This acquisition of the Rapid Solutions business within Amentum, a respected organisation for both its technology and talent, will enhance how we deliver ess…

Innoflight Delivered Avionics to Lockheed Martin for U.S. Space Force's GPS III Laser Communications Demonstration - European Business & Finance Magazine

SAN DIEGO, CALIFORNIA / ACCESS Newswire / April 22, 2025 / Innoflight is pleased to announce its participation in the U.S. Space Force (USSF) Global Positioning System (GPS) III satellite laser communications demonstration. Under contract with Lockheed Martin in 2024, Innoflight delivered its cyber-secure Mission Networking Electronics MNE-410 (Internet Protocol (IP) / Multiprotocol Label Switching (MPLS) network router) and Mission Timing Elect…