Amentum (NYSE: AMTM) shares gained ground Monday, after being awarded a $105-million contract to support Naval Surface Warfare Center Crane (NSWC Crane) Airborne Electronic Attack Systems Division (AEASD) to develop the next generation of Electronic Warfare (EW) and Intelligence, Surveillance, and Reconnaissance (ISR) mission and survivability systems. Amentum will replace aging or obsolete components and systems and install state-of-the-art technology to enhance the capabilities of EW and ISR systems, delivering critical expertise in protecting U.S. national security.
“Amentum will leverage our digital engineering ecosystem and model-based system engineering expertise to strengthen EW/ISR capabilities and provide critical warfighter protection,” said President Mark Walter.
Under this contract, Amentum will perform RDT&E engineering to enhance the total lifecycle management of advanced surveillance systems, including vehicle integration, platform integration, sensor integration, supply chain security, obsolescence analysis, and anti-tamper technologies. Amentum will use its Integrated Digital Engineering Approach (IDEA) to identify critical enabling technologies and develop new approaches and opportunities for technology transfer and integration to keep pace with continually emerging and evolving threats. This will drive continued technological superiority by incorporating quick-reaction analysis and rapid engineering development principles.
Amentum was awarded this contract under the Department of Defense Information Analysis Center’s (DoDIAC) multiple-award contract (MAC) vehicle.
AMTM shares share prices 20 cents to $23.37.
