Combination Creates a Government Services Prime
Combination Strengthens Public Company Profile
Jacobs
CMS/C&I
amentum >
Combined(1)
12
2023 Revenue
~$5.5B
~$8B
~$13B
A leading pure-play government
services company
~8.3%
Including RR Expected
Net Cost Synergies
~$50B
~3.7x
% 2023 Adj.
EBITDA Margin
7.7%
7.9%
Backlog /
~$23B
~$27B
2023 Rev. Coverage
~4.2x
~3.4x
Top 10 Contract
~45%
~30%
~25%
Concentration
% Employees
Cleared
ā
>50%
>50%
>50%
Best-in-class earnings visibility
Enhanced customer and contract
vehicle access enables accelerated
growth
Very limited contract overlap
Largest contract <5% of Adj. EBITDA
Highly specialized, majority cleared
workforce
% of Revenue With
Prime Role
~82%
~88%
>85%
1 Not to be considered indicative of future performance post-separation.
OJacobs 2023View entire presentation