Jacobs Solutions Inc. has announced an update regarding its strategic business move involving the spin-off of its Critical Mission Solutions and parts of its Divergent Solutions business. These segments have been spun-off and subsequently merged with the legacy Amentum business. This transaction is part of Jacobs' broader strategy to focus its operations and streamline its business portfolio. The update follows the initial announcement made on September 27, 2024, and provides additional information for the shareholders who will now receive shares of Amentum common stock as part of this distribution. The date of this supplemental information is May 20, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jacobs Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000052988-25-000032), on May 20, 2025, and is solely responsible for the information contained therein.