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LONDON - Engineering and technology solutions provider Amentum (NYSE:AMTM), a $5.4 billion market cap company currently trading below its InvestingPro Fair Value, announced plans to create 3,000 new jobs in the United Kingdom over the next four years, driven by growth in the nuclear power and defense sectors.
The company expects to increase its UK headcount by 50% during this period, according to a press release statement issued Thursday. Amentum currently employs about 6,000 people in the UK. The expansion plans align with the company’s strong financial position, with InvestingPro data showing robust revenue of $12.68 billion in the last twelve months and analysts forecasting continued sales growth.
Amentum CEO John Heller, who met with U.S. President Donald Trump and UK Prime Minister Sir Keir Starmer at Chequers on Thursday, highlighted the importance of the U.S.-UK partnership in driving economic growth.
"The energy resilience and national security of both nations depend on continued leadership and advances in energy and technology," Heller said.
The company serves as a lead delivery partner for the UK’s new nuclear power stations at Hinkley Point C and Sizewell C, while also providing technical and project solutions for small modular reactors and fusion research.
Mark Whitney, president of Amentum Energy & Environment, noted the company is investing in digital engineering, artificial intelligence, and automation to improve infrastructure delivery in both countries.
Amentum also provides services for the UK’s defense sector, including safety and technology services for Royal Navy nuclear submarines, management of the UK training estate for Defence Infrastructure Organization, and support for the Atomic Weapons Establishment.
Headquartered in Chantilly, Virginia, Amentum employs more than 53,000 people across approximately 80 countries worldwide. The company maintains a healthy liquidity position with a current ratio of 1.58, indicating strong operational efficiency. For deeper insights into Amentum’s financial health and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro, which includes additional analysis and metrics.
In other recent news, Amentum Holdings reported strong financial results for the third quarter of 2025, surpassing earnings expectations with an adjusted diluted EPS of $0.56, significantly higher than the forecasted $0.31. The company also achieved revenues of $3.6 billion, reflecting a 2% growth from the previous year. Additionally, Amentum secured a substantial $4 billion contract from the United States Space Force to modernize launch systems, with work set to commence in June 2025. The 10-year contract will involve operations at key locations, including Patrick Space Force Base and Cape Canaveral Space Force Station. In other developments, Amentum and the Naval Surface Warfare Center, Crane Division, broke ground on a new Radiation Combined Environment Test Facility in Indiana, furthering their long-standing partnership. Meanwhile, BofA Securities raised its price target for Amentum to $27, citing the company’s nuclear exposure and diverse portfolio. The firm maintained a Neutral rating on the stock, highlighting the market premium associated with Amentum’s strategic positioning. These recent developments provide insight into Amentum’s ongoing projects and financial performance.
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