Earnings rose at Amentum [AMTM] in its second quarter, which the government contractor partly attributed Wednesday to demand for nuclear work and divestiture of a non-core asset. Net earnings for the second quarter ended March 28 were $4 million, or $0.02 a share, up from a loss of $41 million or $0.46 a share, in the year-ago quarter. Quarterly revenue was $3.5 billion, up year-over-year from $2.1 billion. That’s according to the financial results press release issued early Wednesday morning by Amentum.…
Recommended
Trending
Congress Updates
Trump Wants Second Reconciliation Bill On His Desk By June 1
President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]
Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says
Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]
Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority
Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]
Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’
Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]