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Business/Financial

Lockheed Martin Acquiring Amentum’s Rapid Solutions Business For $360 Million

By Cal Biesecker

Wednesday, April 23rd, 2025

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Lockheed Martin Acquiring Amentum’s Rapid Solutions Business For $360 Million

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Lockheed Martin [LMT] and Amentum [AMTM] on Wednesday said they have reached a deal for Amentum to sell its engineering and technology-focused Rapid Solutions business to Lockheed for $360 million in cash. Rapid Solutions will become part of Lockheed Martin’s Space segment when the transaction closes, which is expected in the second half of 2025. Rapid Solutions accounted for about 1 percent of Amentum’s sales in 2024, which were $8.4 billion. The business has about 230 employees. Rapid Solutions manufactures…

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