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
To amend the Public Utility Regulatory Policies Act of 1978 to establish Federal standards relating to the recovery of the full, incremental costs of upgrades that serve large-load customers, and to withhold highway funds from States that do not implement such standards, and for other purposes.
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
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Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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.
Declaring a National Emergency to Secure the United States Bulk-Power System
This executive order declares a national emergency to restrict foreign-produced bulk-power system electric equipment that poses national security risks, prohibiting new transactions involving equipment from covered foreign entities and allowing the Secretary of Energy to impose conditions on existing equipment. It directs the Secretary of Energy, in coordination with multiple agencies, to identify, mitigate, and potentially replace risky equipment, and establishes a pre-qualification list for approved vendors.
The National Space Transportation Policy
This memorandum directs multiple agencies to expand and modernize U.S. space launch and reentry infrastructure to support over 1,000 launches annually by 2030, expedite permitting and environmental reviews, develop new federal reentry sites, and strengthen the space transportation industrial base. It mandates range scheduling transparency, spectrum reliability, and workforce development, with specific reports and plans due within 90 to 240 days.
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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