Amentum has announced a definitive agreement to merge with Jacobs’ Critical Mission Solutions (CMS) and Cyber and Intelligence businesses, creating a new leader in systems integration and technology solutions trusted by the US and its allies to modernize their most complex missions. The combined organization will be a publicly traded company with $13 billion in revenue and over 53,000 employees in 83 countries. The transaction was approved by the Jacobs board of directors and is expected to close in the second half of fiscal year 2024. John Heller, current CEO of Amentum, will serve as CEO of the combined company and Dr. Steve Arnette, EVP and President of CMS, will become COO. The merger creates a leading, pure play government technology solutions prime, with over 80% from prime contracts.
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