Amentum Advances NASA's Artemis II Mission with Successful SLS Rocket Rollout
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Businesswire
- Launch Preparation Milestone: Amentum successfully rolled out NASA's SLS rocket and Orion spacecraft from the Vehicle Assembly Building to Launch Complex 39B, marking a critical step in the Artemis II mission preparations, with a launch expected early this year, advancing human space exploration efforts.
- Engineering Support: During the rollout, Amentum engineers and technicians operated the massive crawler-transporter, ensuring the safe movement of the rocket, showcasing their extensive experience and technical capabilities in high-consequence ground operations, thereby enhancing NASA's launch efficiency.
- Systems Integration and Maintenance: Under NASA's Exploration Ground Systems program, Amentum is responsible for engineering, technicians, and systems integration for Artemis II, ensuring the maintenance and modernization of launch equipment, which supports the overall operations of Orion and SLS, increasing mission success rates.
- Future Development Outlook: With the successful rollout, NASA and Amentum are moving into critical launch readiness phases, including pad integration and final checkouts, further solidifying the United States' leadership position in space exploration.
Analyst Views on AMTM
Wall Street analysts forecast AMTM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMTM is 34.56 USD with a low forecast of 30.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
4 Buy
5 Hold
0 Sell
Moderate Buy
Current: 34.580
Low
30.00
Averages
34.56
High
40.00
Current: 34.580
Low
30.00
Averages
34.56
High
40.00
About AMTM
Amentum Holdings, Inc. is a global advanced engineering and technology solutions provider to a broad base of the United States and allied government agencies, supporting programs of critical national importance across energy and environmental, intelligence, space, defense, civilian and commercial end-markets. It offers a range of capabilities, including intelligence and counter-threat solutions, data fusion and analytics, engineering and integration, environmental solutions, advanced test, training and readiness, and citizen solutions. Its segments include Digital Solutions (DS) and Global Engineering Solutions (GES). The DS segment offers advanced digital and data-driven solutions including intelligence analytics, space system development, cybersecurity, and next-generation information technology for the federal government and commercial clients. The GES segment offers large-scale environmental remediation, clean energy, platform engineering, sustainment and supply chain management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
