CENTRAL PLATEAU CLEANUP COMPANY, LLC: $53.1M Department of Energy Contract
Summary
Amentum Holdings ($AMTM) received a $53.1M task order from the Department of Energy for Hanford cleanup, adding ~0.22% to annual revenue. The contract is a routine renewal under an existing program, with no direct legislative catalyst. Impact is modest but positive for the company's environmental services segment.
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Key Takeaways
- 1.Amentum ($AMTM) secures $53.1M in Hanford cleanup work, adding ~0.22% to annual revenue.
- 2.The contract is a routine task order under an existing DOE program, not tied to new legislation.
- 3.Impact is modest; investors should view this as a steady but non-transformative revenue stream.
Market Implications
The contract is too small to materially affect $AMTM's stock price. Amentum's revenue of $7.9B dwarfs this award. However, it reinforces the company's position in the environmental cleanup sector, which benefits from sustained federal spending on nuclear site remediation. Investors should monitor larger DOE contract awards and the broader government services budget for more significant catalysts.
Full Analysis
The Department of Energy awarded a $53.1M task order to Central Plateau Cleanup Company, LLC, a subsidiary of Amentum Holdings, for the Hanford Central Plateau Cleanup Contract (CPCC) Task Order 6 - Manhattan Project National Park Program. The contract runs from October 2024 to September 2027, providing steady revenue of about $17.7M per year. Amentum is a pure-play government services contractor focused on mission-critical solutions, including environmental remediation. This award represents a small but reliable addition to its backlog, which supports its core business in nuclear cleanup. No specific legislation directly authorizes this task order; it is part of the ongoing Hanford cleanup program funded through DOE appropriations. Subcontractors were not identified in the award data, but typical beneficiaries in such projects include waste management firms like Clean Harbors ($CLH) and engineering firms like Tetra Tech ($TTEK), though no direct link is confirmed. Historically, multi-year DOE cleanup contracts provide stable cash flows for contractors like Amentum, but do not typically drive significant stock price movements due to their predictable nature.
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
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.
Securing America’s Defense Supply Chains and Ensuring Domestic Acquisition of Critical Materials
This executive order restricts waivers for foreign-sourced critical materials in defense contracts, effective January 1, 2027, and mandates that defense contractors map their supply chains from raw materials to end products, vet subcontractors for risks, and prohibit covered materials from unreliable foreign suppliers. It directs the Secretary of War to enforce strict compliance, including requiring mitigation plans for any non-compliant materials and establishing penalties for fraud or willful noncompliance.
Contract Details
Recipient
CENTRAL PLATEAU CLEANUP COMPANY, LLC
Award Amount
$53,097,096
Awarding Agency
Department of Energy
Sub-Agency
Department of Energy
Contract Type
DELIVERY ORDER
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