S&P Moves Amentum to BB, Cites Debt Paydown and Strong Backlog; Outlook Stable
S&P Global Ratings raised Amentum Holdings Inc.'s corporate credit rating to 'BB' from 'BB-' and left the outlook at stable, citing the company's accelerated debt repayments and solid operating results. The upgrade reflects significant deleveraging achieved in fiscal 2025, a sizeable backlog and S&P's expectation of sequential improvement in govern…