CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
Summary
Amentum Holdings ($AMTM) receives a $98M task order (with a $1B ceiling) from the DOE for Hanford cleanup. This represents ~1.24% of annual revenue and reinforces Amentum's position in environmental remediation. No directly related legislation was identified, but the contract aligns with ongoing DOE environmental management priorities.
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Key Takeaways
- 1.Amentum ($AMTM) secures $98M task order with $1B ceiling for Hanford cleanup.
- 2.Contract represents ~1.24% of Amentum's annual revenue, providing near-term cash flow.
- 3.No direct legislative catalyst, but DOE cleanup funding is recurring and bipartisan.
- 4.Subcontractors like Tetra Tech ($TTEK) and Perma-Fix ($PESI) may benefit indirectly.
Market Implications
Amentum ($AMTM) is the primary beneficiary. The contract reinforces its position in the environmental remediation market, which is supported by ongoing federal cleanup obligations. While the immediate revenue impact is modest (~1.24% of revenue), the multi-year nature and potential for additional task orders provide visibility. Subcontractors like Tetra Tech ($TTEK) and Perma-Fix ($PESI) could see incremental demand, but the effect is indirect and smaller.
Full Analysis
The Department of Energy awarded a task order under the Hanford Central Plateau Cleanup Contract to CENTRAL PLATEAU CLEANUP COMPANY, LLC, a subsidiary of Amentum Holdings ($AMTM). The task order has a not-to-exceed value of $98M, with a total contract ceiling of $1.0B over three years (2024-2027). This is a delivery order under an existing indefinite-delivery/indefinite-quantity contract, providing immediate funded work for environmental remediation at the Hanford site.
Amentum Holdings ($AMTM) is the publicly traded parent company, with FY2025 revenue of $7.9B and a net loss of $314M. The $98M task order represents ~1.24% of annual revenue, while the full $1B ceiling could contribute meaningfully over the contract period. Amentum's Environmental & Energy segment is the primary beneficiary, and this award adds to its backlog, which is critical given the company's negative net income.
No related bills from the provided list directly authorize or appropriate this specific contract. However, DOE environmental cleanup is funded through annual appropriations and long-term stewardship programs. The contract supports the broader Hanford cleanup mission, which has bipartisan support.
Key subcontractors for Hanford cleanup often include small and mid-cap environmental services firms. Potential beneficiaries include Tetra Tech ($TTEK) and Perma-Fix Environmental Services ($PESI), though specific subcontracts are not disclosed. These companies could see downstream demand for waste treatment and technical services.
Historically, DOE environmental cleanup contracts provide stable, multi-year revenue streams for contractors like Amentum. Similar awards have led to sustained backlog growth and improved investor sentiment, though stock price movements depend on broader market conditions and company execution.
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 award of a task order under the Hanford Central Plateau Cleanup Contract, providing immediate funded work and a multi-year revenue stream.
Who must act
Department of Energy (DOE) awards to CENTRAL PLATEAU CLEANUP COMPANY, LLC (Amentum Holdings, Inc.)
What happens
Immediate not-to-exceed funding of $98M, representing ~1.24% of Amentum's annual revenue ($7.9B), with a total contract ceiling of $1.0B over the period 2024-2027.
Stock impact
Amentum's Environmental & Energy segment benefits directly. The contract adds to backlog and provides stable cash flow. Given Amentum's negative net income (-$314M), this contract helps improve utilization and margins.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
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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
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.
Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States
This proclamation imposes a 100% ad valorem tariff on imports of unmanned aircraft systems (UAS) over 25 kg, those with thermal imagers, docking stations, and certain components, and a 25% tariff on UAS under 25 kg and other components, citing national security under Section 232 of the Trade Expansion Act. It also authorizes the Department of Commerce to establish an onshoring program offering preferential tariff treatment for companies that build new U.S. manufacturing facilities for UAS and components.
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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