Amentum (NYSE:AMTM) shares climbed 2% in U.S. premarket trading after the company announced it had won a major contract worth up to $995 million from the U.S. Air Force Air Combat Command to provide Remotely Piloted Aircraft Maintenance Support.

The Indefinite Delivery/Indefinite Quantity (IDIQ) contract will run for a five-year ordering period, supporting the modernization and maintenance of the MQ-9 Reaper, one of the Air Force’s most advanced unmanned aerial systems.

Under the agreement, Amentum will supply specialized personnel, weapons loading strategies, and aerospace ground equipment solutions to enhance the operational readiness of the MQ-9 fleet. The company’s services will be delivered both domestically and internationally to bolster combat preparedness and training at designated Air Force locations.

The MQ-9 Reaper, a cornerstone of U.S. unmanned aerial operations, plays a vital role in intelligence, surveillance, and reconnaissance missions. The new maintenance contract offers Amentum a significant opportunity to expand its footprint in the defense services market.

This award underscores the continued government investment in unmanned systems and related infrastructure, as defense contractors like Amentum benefit from steady demand for modernization and support capabilities.

Amentum stock price

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