Amentum Holdings Receives $360M After Rapid Solutions Divestment to Lockheed Martin

Amentum Holdings (AMTM) has divested its Rapid Solutions unit to Lockheed Martin for $360 million. The unit accounted for 1% of total revenue and adjusted EBITDA, and specialized in manufacturing products aligned with national security missions. The divestment reaffirms Amentum as a pure-play provider of technology solutions.

Amentum Holdings (AMTM) has completed the sale of its Rapid Solutions unit to Lockheed Martin for $360 million. The transaction, announced on June 26, 2025, aligns with Amentum's strategic goals to accelerate debt reduction and generate after-tax proceeds of approximately $325 million. The divestment will also see about 230 employees transition to Lockheed Martin upon the sale's close [1].

Rapid Solutions, a Chantilly-based division of Amentum, specialized in manufacturing products that support national security missions, including advanced communications and tactical systems. The unit accounted for approximately 1% of Amentum's annual revenues and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) [1]. Before the sale, Amentum reported about $8.4 billion in revenue for fiscal 2024 [1].

Lockheed Martin, headquartered in Bethesda, Maryland, is a leading aerospace and defense manufacturer. The company specializes in aeronautics, missiles, fire control, rotary and missions systems, and space-related technology. In 2024, Lockheed Martin reported $71 billion in net sales and $5.3 billion in net earnings, with a global workforce of 121,000 employees [1]. The acquisition of Rapid Solutions will enhance Lockheed Martin's capabilities in space-based systems and radar technologies, bolstering its national security infrastructure [1].

The sale of Rapid Solutions reaffirms Amentum's position as a pure-play provider of technology solutions. Amentum, founded as a spinout of AECOM's Management Services Group in 2020, has over 53,000 employees in approximately 80 countries across all seven continents. The company's headquarters moved from Germantown, Maryland, to Chantilly in 2023 [1].

Lockheed Martin's acquisition of Rapid Solutions underscores the growing demand for advanced defense technologies in a geopolitically complex world. The company's operational predictability and strategic leadership position it well to meet the increasing need for defense and technology solutions [2].

References:
[1] https://virginiabusiness.com/amentum-completes-sale-of-rapid-solutions-for-360m/
[2] https://seekingalpha.com/article/4800009-lockheed-martin-strength-opportunity-geopolitically-complex-world?source=affiliate_program:stockanalysis.com&utm_medium=affiliate&utm_source=stockanalysis.com&affid=858&oid=16&transaction=c8b1ed620bb84e139a5a7eec04fc453d