The Top 10 Performing Stocks on Wednesday

4. Amentum Holdings Inc. (NYSE:AMTM)

Amentum Holdings jumped by 10.30 percent on Wednesday to end at $19.71 apiece after bagging a $71.9-million contract with the Naval Surface Warfare Center Dahlgren Division (NSWCDD).

The contract leverages AMTM’s track record in technical and engineering solutions and will support the Navy’s mission of enhancing decision-making and electromagnetic spectrum capabilities and serve as the E3 battle force interoperability electromagnetic interference problem solver.

“This award highlights our expertise in delivering innovative solutions that enhance the Navy’s electromagnetic capabilities,” said Mark Walter, President of AMTM’s Engineering and Technology Group. “Our team’s proficiency in integrated topside design, modeling, and simulation for risk analysis, and assessing the E3 impact on military operations will be crucial to achieving successful test, evaluation, and integration solutions to help protect national security.”