04:45 PM EDT, 04/10/2025 (MT Newswires) -- Jacobs Solutions ( J ) received $70 million and the right to acquire 7.3 million shares in Amentum Holdings ( AMTM ) as part of the merger of Jacobs' critical mission solutions and cyber and intelligence businesses with Amentum Parent Holdings.

The money was used to repay some debt, Jacobs said Thursday in a statement.

The company intends to distribute the Amentum stock to its shareholders, subject to board approval.