Amentum announces agreement to divest its rapid solutions product business for $360 million

Chantilly, va.--(business wire)-- #amentum--amentum (nyse: amtm) today announced it has entered into a definitive agreement to sell its hardware and product business, rapid solutions, to lockheed martin (nyse: lmt) for $360 million in cash. the transaction, which is subject to customary regulatory approvals and closing conditions, will advance amentum's strategy as a pure-play provider of technology-enabled solutions and accelerates its debt reduction objectives. “the divestiture of rapid solutions sharpe.
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