Amentum Awarded $490M Contract to Modernize U.S. Navy’s Multi-Engine Training Aircraft Fleet
Amentum Holdings, Inc. (AMTM)
Company Research
Source: Business Wire
CHANTILLY, Va.--(BUSINESS WIRE)--The U.S. Navy awarded Amentum (NYSE: AMTM) a $490 million contract to deliver comprehensive contractor logistics support (CLS) of the state-of-the-art T-54A Multi Engine Training System (METS). This innovative system will supersede the aging T-44C aircraft, as Amentum collaborates with the Navy and Textron, the original equipment manufacturer, to modernize the Navy’s training aircraft fleet.Amentum’s expert fleet management support to the METS program strategically positions the U.S. Navy’s pilot training for unparalleled success. By offering its services to the Chief of Naval Air Training (CNATRA) for the cutting-edge multi-engine platform, Amentum will be instrumental in shaping the future of naval aviation. The METS program will seamlessly enable future Navy, Marine Corps, Coast Guard, and select U.S. allied pilots to transition into advanced multi-engine and tilt-rotor fleet aircraft such as the V-22 Osprey, E-2D Hawkeye, C-130 Hercules, and P-
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- 12/16/24 - Beat
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- 12/23/24 - Form SCHEDULE
- 12/23/24 - Form SCHEDULE
- 12/19/24 - Form SCHEDULE
- AMTM's page on the SEC website