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AI brief of an SEC Form 8-K · Amentum (AMTM)

Amentum completes Jacobs government services combination, names John Heller CEO

Neutral Impact 5 of 5 m&a Written later

On September 27, 2024, Amentum completed a Reverse Morris Trust combination with Jacobs Solutions' Critical Missions Solutions and Cyber & Intelligence government services businesses. The filing also reports a board expansion from four to thirteen members, a new management team led by John Heller as CEO, and a change of the company name to Amentum Holdings, Inc.

Key points

  • Jacobs received a cash payment of $1,000,000,000 at closing, subject to adjustment for cash, debt and working capital
  • Post-closing, the company has 243,302,173 shares outstanding: Jacobs shareholders hold 51%, Amentum Equityholder holds 37%, and a Jacobs subsidiary retains 7.5%
  • 10,948,598 shares (4.5%) are in escrow, to be released depending on fiscal year 2024 operating profit targets for the SpinCo Business
  • Board increased to thirteen members; Steven J. Demetriou is Executive Chair, John Heller is CEO, and Travis B. Johnson is CFO and Chief Accounting Officer

The filing

CompanyAmentum (AMTM)
Form8-K, current report
Filed with the SECOct 3, 2024, 4:21 PM ET
Accession number0000950157-24-001361

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed5.01 Change in Control5.02 Director / Officer Change5.03 Bylaw / Charter Amendment7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 03, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.