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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SOUTHERN OHIO CLEANUP COMPANY LLC: $344M Department of Energy Contract
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AMENTUM SERVICES, INC.: $21.0M National Aeronautics and Space Administration Contract Vehicle
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $53.1M Department of Energy Contract
PANTEXAS DETERRENCE, LLC: $3.5B Department of Energy Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Adjusting Imports of Polysilicon and its Derivatives into the United States
This proclamation invokes Section 232 of the Trade Expansion Act to impose a minimum import price (MIP) program on polysilicon and its derivatives, a 15% ad valorem tariff on polysilicon derivatives, and directs the Secretary of Commerce to offer incentives for domestic production. It aims to protect and revive the U.S. polysilicon industry by restricting imports that threaten national security, particularly for semiconductor and solar supply chains.
Presidential Determination Pursuant to Section 101 of the Defense Production Act of 1950, as Amended, on Recoverable Critical Minerals and Materials
This memorandum invokes the Defense Production Act (DPA) Section 101 to declare that recoverable critical minerals and materials (such as black mass, end-of-life rare-earth magnets, and scrap) are essential to national defense and that the U.S. cannot meet defense needs without disrupting civilian markets. It directs the Secretary of Commerce to issue regulations and take actions—including priority contracts and supply-chain interventions—to rapidly expand domestic recovery and processing of these materials, while explicitly excluding copper scrap already covered by a separate proclamation.
Further Strengthening Actions Taken to Adjust Imports of Aluminum into the United States
This proclamation modifies the Section 232 tariff regime on aluminum imports by authorizing the Secretary of Commerce to establish a program that incentivizes new U.S. investment in primary aluminum production. Companies with approved onshoring plans can import primary aluminum at half the standard Section 232 duty rate, up to the anticipated annual output of their new or expanded facilities, with construction required to start by January 20, 2029. The action aims to boost domestic primary aluminum supply for national security and defense industrial base needs.
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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