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    You are at:Home»News»Mergers & Acquisitions»Amentum Completes Merger with Jacobs’ Critical Mission Solutions, Cyber and Intelligence Units
    Mergers & Acquisitions

    Amentum Completes Merger with Jacobs’ Critical Mission Solutions, Cyber and Intelligence Units

    By Staff WriterSeptember 30, 2024
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    John Heller, Amentum

    Amentum has completed its merger with Jacobs Solutions Inc.’s Critical Mission Solutions and Cyber and Intelligence businesses.

    The combination expands the company’s advanced engineering and innovative technology solutions, positioning it to address customers’ most significant and complex challenges, the company said.

    “The completion of this transformational combination creates a global leader that advances the future, with the trusted track record of superior performance, outstanding engineering expertise, and leading-edge technologies required to meet our customers’ most significant challenges,” said Amentum CEO John Heller.

    “After a century of success delivering trusted solutions to our customers, Amentum enters the public markets well-positioned for long-term growth, with a healthy financial profile, strong balance sheet, and robust cash generation,” Heller said.

    “This is a milestone day for our business, and our employees are excited about the future and to continue our success delivering value for all our stakeholders as a public company.”

    The new executive team will be led by Heller, who will serve as CEO and on the company’s board. Dr. Steve Arnette will serve as chief operating officer, Travis Johnson as chief financial officer and Jill Bruning as chief technology officer of Amentum. Steve Demetriou will serve as executive chair of the company’s board.

    “With a legacy of over a century, Amentum has built a strong foundation of trust as a longstanding partner of choice to the U.S. government and its allied partners around the world,” said Demetriou.

    “We are thrilled to bring together two deeply experienced, skilled, and complementary teams with shared cultures of collaboration and innovation to drive growth in a highly attractive industry. I look forward to working with John and the Board to shepherd the next phase of Amentum’s journey.”

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