AMENTUM SECURES $256 MILLION NASA CONTRACT TO ADVANCE SPACE EXPLORATION INITIATIVES.

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Amara

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Jul 18, 2024
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Overview:
Amentum (NYSE: AMTM) has successfully secured the Fully Integrated Lifecycle Mission Support Services II (FILMSS II) contract from NASA, with a maximum value of $256 million. This pivotal contract aims to enhance NASA's capabilities in space exploration and aeronautics through cutting-edge technologies and advanced project management solutions at the Ames Research Center in California.

Contract Details:

Value and Duration: The FILMSS II contract encompasses a base period of two years, with three optional one-year extensions, allowing for flexibility in supporting NASA's evolving needs.
Scope of Work: Amentum's responsibilities include delivering tailored solutions across a diverse range of NASA missions. These encompass:
Planetary Science
Astrophysics
Space Biosciences
Astrobiology
Heliophysics
Earth Science Initiatives
Support for Small Satellite Missions
Advanced Technology Development
Aeronautics Research
Collaborative Science Endeavors
Expertise and Commitment:
Amentum is recognized for its extensive experience and expertise in federal research, particularly within the realms of national laboratories and space exploration. Dr. Karl Spinnenweber, President of Amentum’s Mission Solutions Group, stated, "Our world-class team, renowned for its deep expertise in federal research and innovative solutions for NASA and national laboratories, is uniquely positioned to drive NASA’s space exploration goals forward." This statement underscores Amentum's confidence in developing next-generation programs and technologies that will reinforce U.S. leadership in the global space arena.

Innovative Solutions:
The company plans to implement advanced project management tools designed to elevate NASA’s operational capabilities. Alan Smith, Senior Vice President of Commercial & Space Infrastructure Operations at Amentum, remarked, "Amentum’s over 40 years of excellence in national lab research and engineering solutions, combined with our proven success with NASA, makes us the perfect partner to lead critical science missions." This highlights Amentum's track record in transforming laboratories into high-functioning systems capable of supporting innovative solutions for NASA's ambitious space and science missions.

Focus Areas:
Under the contract, Amentum will also be involved in high-priority initiatives such as:

Biosciences Flight Development
Astrobiology Research Collaborations
Establishing Virtual Institutes
Advanced Aeronautics Research
About Amentum:
Headquartered in Chantilly, Virginia, Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to tackle significant challenges in science, security, and sustainability. With a workforce of over 53,000 employees operating in approximately 80 countries, Amentum prides itself on fostering an environment where safety, inclusion, and well-being are integral to success.

Forward-Looking Statements:
This announcement includes forward-looking statements regarding Amentum's future operations and the anticipated work under the awarded contract. Such statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected.