Amentum’s (AMTM) stock rose 3.9% in premarket trading Wednesday after the company said it agreed to sell its Rapid Solutions business to Lockheed Martin (NYSE:LMT) for $360 million in cash.

The deal is expected to close in the second half of the year and generate about $325 million for Amentum after taxes. Upon closure, about 230 employees will transition to Lockheed Martin.

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 ...

Lockheed Martin has agreed to acquire a product development business from Amentum for $360 million in cash to further build up Lockheed's lineup of airborne and space technologies, among others.

Amentum (NYSE:AMTM) +3.9% pre-market Wednesday after saying it agreed to sell its Rapid Solutions hardware and product business to Lockheed Martin (LMT) for $360M in cash, saying the deal will ...

Chantilly-based federal contractor Amentum announced Wednesday it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Fortune 500 aerospace company ...

Amentum agrees to sell unit to Lockheed Martin for $360M Company News Published 04/23/2025 ... As part of the transaction, approximately 230 employees from Rapid Solutions will join Lockheed Martin.

Roughly 230 employees will move once the deal closes later this year. Fairfax to give Lockheed subsidiary $1M to stay © 2025 American City Business Journals. All ...

Lockheed Martin has agreed to buy Amentum's hardware and product business for $360 million in cash. Amentum said Wednesday that selling its Rapid Solutions business is part of a strategy to strip ...