CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
Summary
Amentum Holdings ($AMTM) was awarded a $1.0B task order from the Department of Energy for the Hanford Central Plateau cleanup. This represents ~4.2% of annual revenue and reinforces Amentum's leadership in nuclear environmental remediation, a high-moat, long-duration business.
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Key Takeaways
- 1.Amentum ($AMTM) secures a $1.0B DOE contract for Hanford cleanup, adding ~4.2% annual revenue visibility over three years.
- 2.Despite current net losses, the contract provides high-margin, long-duration cash flows in a regulated market.
- 3.No direct legislative tailwind from listed bills, but the contract is backed by ongoing appropriations for nuclear environmental management.
Market Implications
Amentum ($AMTM) is the direct beneficiary. The contract strengthens its balance sheet and order backlog, which could support a re-rating given the company's current negative net income. Subcontractors like Clean Harbors ($CLH) and Perma-Fix ($PESI) may see downstream demand for waste processing services, though the contract's primary value accrues to Amentum. Competitors such as Jacobs Solutions ($J) or Bechtel (private) may be negatively positioned if Amentum gains market share at Hanford, but no immediate competitive displacement is indicated.
⚡ Government Convergence
This signal is one of the converging government actions below.
Over the last 90 days, 159 separate government actions have converged on Nuclear / Uranium / SMR. What that means: federal dollars are already moving — agencies are soliciting bids and awarding contracts, not just talking, and legislation and executive action are building the policy and funding tailwind behind it. When independent channels move together like this — 70 federal contracts, 47 procurement notices, 14 SEC filings, 14 bills, 9 patents, 3 news, 1 executive actions and 1 insider buys — it's the clearest early tell that Washington is committing to nuclear / uranium / smr, the kind of build-up that reshapes the sector well before it's obvious in the headlines.
Converging government actions
- ContractTHE AEROSPACE CORPORATION: SYSTEM ENGINEERING AND INTEGRATION (SE&I) SUPPORT AND INDEPENDENT TECHNICAL AND PROGRAMMATIC ANALYSIS FOR THE OFFICES OF DEFENSE NUCLEAR NON · 2025-04-23
- ContractHUNTINGTON INGALLS INC: 199806!1700!2211!BZ002!NAVAL SEA SYSTEMS COMMAND !N0002498C2107 !A!*!* !19980206!20030930!001307495!149899957!149899 · 2025-05-14
- BillRESTRAIN Act · 2025-11-19
- ContractGENERAL MATTER, INC.: $900M Department of Energy Contract · 2026-03-04
- ContractFLUOR MARINE PROPULSION, LLC: NAVAL NUCLEAR LABORATORY · 2026-04-16
- ContractHANFORD TANK WASTE OPERATIONS & CLOSURE, LLC: $1.4B Department of Energy Contract · 2026-06-18
- ContractLOS ALAMOS NATIONAL SECURITY LLC: THE CONTRACTOR SHALL, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THIS CONTRACT, PROVIDE THE PERSONNEL, EQUIPMENT, MATERIALS, SUPPLIES, A · 2026-07-07
- Executive actionProclamation: Modifying the Grand Staircase-Escalante National Monument · 2026-07-13
- ContractHANFORD TANK WASTE OPERATIONS & CLOSURE, LLC: $1.5B Department of Energy Contract · 2026-07-14
- ContractHANFORD TANK WASTE OPERATIONS & CLOSURE, LLC: $1.6B Department of Energy Contract · 2026-08-13
- ContractCENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract · 2026-08-27
- BillTo modify the emergency authority under section 202(c) of the Federal Power Act to increase transparency for ratepayers and prohibit orders that prevent or delay the retirement of power plants. · 2026-10-01
- Procurement notice49--TUBE,CENTRIFUGE,OIL · 2026-10-01
- ContractUNIVERSITY OF MARYLAND, BALTIMORE: ADMIN & CLINICAL SUPPORT FOR DEPLETED URANIUM · 2026-10-01
Full Analysis
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The Department of Energy issued Task Order 7 under the Hanford Central Plateau Cleanup Contract to Central Plateau Cleanup Company, LLC – a wholly owned subsidiary of Amentum Holdings. The award amount is $1.0 billion over a three-year period (FY2025-2027), though the initial binding not-to-exceed value is $98 million pending definitization. This contract covers base operations and end-state cleanup at the Hanford nuclear site, one of the world's largest environmental remediation projects.
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The publicly traded parent company is Amentum Holdings ($AMTM), which generated $7.9B revenue and a net loss of $314M in FY2025. The annualized revenue from this contract (≈$333M) represents ~4.2% of Amentum's top line. While not transformative given Amentum's scale, the contract provides a multi-year revenue stream in a high-barrier segment (nuclear waste cleanup) and improves visibility into future earnings. The company's negative net margin (-3.99%) means every dollar of incremental revenue with decent margins directly improves profitability.
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There are no specific related bills in the provided data that directly appropriate or authorize this contract. However, the Hanford cleanup is funded through annual Energy & Water Development appropriations and the Defense Environmental Cleanup account. Broader legislation like the National Defense Authorization Act (NDAA) authorizes DOE environmental management activities, but no specific bill signal ties directly to this task order.
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Subcontractor opportunities likely flow to specialized nuclear waste treatment firms. Potential publicly traded beneficiaries include Clean Harbors ($CLH) for waste transportation and disposal, Perma-Fix Environmental Services ($PESI) for treatment of mixed low-level waste, and BWX Technologies ($BWXT) for nuclear materials handling. These companies have seen consistent demand from DOE cleanup programs.
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Historically, large DOE cleanup contracts – such as the Hanford Tank Waste Treatment and Immobilization Plant contracts – have provided years of stable revenue for prime contractors and have been viewed positively by investors. Amentum's predecessors (URS, AECOM) have successfully executed similar long-term contracts, and the stock tends to rise on award announcements due to backlog growth and earnings visibility. The structural pattern favors companies with exclusive or near-exclusive positions at large DOE sites.
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 prime contract award from the Department of Energy for environmental cleanup at the Hanford site. Task order 7 of the Central Plateau Cleanup Contract.
Who must act
Department of Energy (DOE) to Central Plateau Cleanup Company, LLC (wholly owned subsidiary of Amentum Holdings).
What happens
Awarded $1.0B total value (undefinitized task order with initial NTE $98M); over 3-year period (FY2025-2027) this represents approximately $333M per year. Relative to Amentum's FY2025 revenue of $7.9B, annualized exposure is ~4.2% of revenue.
Stock impact
Amentum's Environment & Energy segment directly benefits. The contract bolsters backlog and provides stable cash flows, helping offset the company's net loss position. It strengthens Amentum's position as a leading DOE cleanup contractor, potentially leading to follow-on work.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.1B Department of Energy Contract
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
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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