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AMENTUM HOLDINGS INC. $19 is a hold. The company (New York symbol AMTM; Manufacturing sector; Shares outstanding: 243.3 million; Market cap: $4.6 billion; No dividend paid; Takeover Target Rating: Medium; www.amentum.com) provides advanced engineering and technology solutions to the U.S. government, and its allied partners (90% of revenue), and to commercial customers (10%). Amentum took its current form in September 2024 when it merged with the Critical Mission Solutions (CMS) and Cyber and Intelligence (C&I) businesses of Jacobs Solutions (New York symbol J). Amentum expects the merger to generate between $50 million and $70 million in annual cost savings. That will help it pay down its long-term debt of $4.64 billion, which is a high 101% of its market cap. Amentum is a hold. HOWMET AEROSPACE INC. $124 is a hold. The company (New York symbol HWM; Manufacturing & Industry sector; Shares outstanding: 405.0 million; Market cap: $50.2 billion; Dividend yield: 0.3%; Takeover Target Rating: Medium; www.howmet.com) makes a range of industrial parts, from jet engine components and fasteners to forged aluminum…