Amentum Bags $120M Computer Processing Contract From Defense Information Systems Agency

Company to Deliver Dynamically Scalable Computing Power, On-Demand

Amentum (NYSE:AMTM), a leader in advanced technology and engineering solutions, has won a $120 million computer processing award from the Defense Information Systems Agency. Through the Z-series chipset Processor Capacity Services contract, Amentum will deliver dynamically scalable computing power for the agency "on-demand."

Under the contract, Amentum will provision and maintain all hardware, software, licensing, and operational services while DISA administers and supports the hosting environment. DISA uses Z-series mainframe chips to support computer processing for its strategic partners. Instead of owning the hardware, the agency purchases computing power capacity based on utility.

The Z-series chipset Processor Capacity Services, or PCS, contract includes a five-year base period with five additional one-year option periods.