AECOM's management services business becomes stand-alone company Amentum

By Marjorie Censer  / February 4, 2020

The former management services unit within AECOM is now a stand-alone, private company called Amentum.

Last year, AECOM announced it had sold the unit for $2.4 billion to private-equity firms American Securities and Lindsay Goldberg. The deal closed Jan. 31.

In its announcement last year, AECOM said the transaction would make the remaining business a "lower-risk, higher-returning professional services firm focused on its industry-leading design, planning, architecture, engineering, program management and construction management capabilities."

The newly separated company announced this week it has been rebranded as Amentum, derived from a Latin description of a leather device attached to a javelin meant to improve range and stability.

John Vollmer, who headed the AECOM business, is now chief executive of Amentum. The company announced that Jake Kennedy will serve as chief financial officer; Karl Spinnenweber will be general manager of the mission readiness business unit; Jill Bruning will be GM of the intelligence, systems engineering, security, services and solutions group; and Mark Whitney will be GM of the nuclear and environment organization.

In an interview at Amentum's Germantown, MD, headquarters, Vollmer told Inside Defense the split will make the new company more able to zero in on government customers and faster-moving.

"Right now, we're going to focus on what we know so well, what we do so well . . . and that's the federal marketplace," he said. "We'll be more agile. AECOM was a great parent . . . but you're still a corporate entity and there are certain checks and balances that are required."

Vollmer said Amentum will continue to use AECOM's practices and benefits package until the fall, when the company will establish its own practices.

"We can tailor things to the federal market -- what it takes to get the best people," he told Inside Defense.

Vollmer said he sees opportunities to grow Amentum's work in intelligence, cybersecurity and Energy Department work. He said the company is open to considering acquisitions that might fill capability gaps.