CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
Summary
Amentum ($AMTM) subsidiary CENTRAL PLATEAU CLEANUP COMPANY, LLC received a $1.0B DOE task order for Hanford cleanup, adding ~4.2% to annual revenue. The contract supports Amentum's core environmental services segment and is backed by federal infrastructure spending momentum.
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Key Takeaways
- 1.$AMTM subsidiary wins $1.0B Hanford cleanup contract, ~12.7% of annual revenue over 3 years.
- 2.Initial $98M funding provides immediate backlog boost; contract supports Amentum's core environmental segment.
- 3.Legislation like HR10322 indicates sustained federal focus on energy infrastructure and cleanup.
Market Implications
Amentum ($AMTM) is the clearest beneficiary, with the contract reinforcing its position in the environmental cleanup market. The initial $98M and potential full $1.0B enhance revenue predictability. Other government services firms like Jacobs Solutions ($J) and BWX Technologies ($BWXT) may see indirect interest but are not direct beneficiaries here.
Full Analysis
The Department of Energy awarded a $1.0B (initial not-to-exceed $98M) task order to CENTRAL PLATEAU CLEANUP COMPANY, LLC for the Hanford Central Plateau cleanup. This prime contract is held by Amentum ($AMTM), a publicly traded environmental and nuclear services firm. The contract covers end-state operations and base ops over three years (FY2024-2027). For Amentum, which reported $7.9B revenue in FY2025, the full contract represents about 12.7% of annual revenue over its life, with an immediate $98M injection. The parent company Amentum Holdings ($AMTM) is the direct beneficiary, making this a high-confidence catalyst. While net income has been negative, this contract provides stable cash flow to a pure-play environmental cleanup contractor. Related legislation like HR10322 (energy infrastructure cost recovery) signals continued government support for large-scale DOE site remediation. Subcontractors include local Hanford-area firms such as HPM Corporation (private) and Mission Support Alliance (private), but the primary public beneficiary is Amentum. Historically, DOE cleanup contracts provide multi-year recurring revenue with high retention rates, supporting steady backlog growth. Amentum's stock may see positive sentiment from this award as it reinforces its market leadership in nuclear cleanup.
Intelligence Surface
Cross-referenced against federal contracts, SEC insider filings & congressional trade disclosures
No confirming evidence found yet from contracts, insider trades, or congressional activity
What the bill does
Direct contract award to subsidiary CENTRAL PLATEAU CLEANUP COMPANY, LLC
Who must act
Department of Energy (DOE) awards $1.0B (not-to-exceed $98M initial) to Amentum's subsidiary for Hanford cleanup operations
What happens
Contract adds up to $1.0B over 3 years (~$333M/year) to Amentum's backlog, representing approximately 4.2% of its $7.9B FY2025 annual revenue.
Stock impact
Amentum benefits from a significant, multi-year environmental cleanup contract that aligns with its core nuclear and environmental services business. The $1.0B ceiling (with $98M initial funding) strengthens revenue visibility and supports margins, offsetting recent net losses.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
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Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Restoring Reciprocity in Government Procurement
This Presidential Memorandum directs the Office of Management and Budget, the U.S. Trade Representative, and other federal agencies to identify and remove Canadian-origin items from federal civil procurement where possible, citing Canada's 'Buy Canadian' policies as discriminatory. It also requires agencies to be notified of domestic alternatives and mandates ongoing monitoring of Canada's procurement practices, with provisions for restoring access if Canada changes its policies.
Providing Meaningful Water Quality Improvements Through Collaboration and Oversight of Federal Support
This executive order revokes Executive Order 13508, which had mandated Chesapeake Bay restoration efforts, and directs federal agencies to prioritize funding for direct, on-the-ground water quality projects. It also instructs the EPA to work with states to assess and encourage the repeal of stormwater management fees (rain taxes) that have burdened residents, aiming to reduce costs while maintaining environmental progress.
Adjusting Certain Delegations Under the Defense Production Act
This proclamation amends Executive Order 13603 to share authority under the Defense Production Act for energy matters between the Secretary of the Interior and the Secretary of Energy, allowing each to act independently, and directs inter-agency dispute resolution via the National Energy Dominance Council and National Security Council, with coordination from the Department of War when national defense is implicated.
Contract Details
Recipient
CENTRAL PLATEAU CLEANUP COMPANY, LLC
Award Amount
$1,018,396,052
Awarding Agency
Department of Energy
Sub-Agency
Department of Energy
Contract Type
DELIVERY ORDER
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