contract_awardAwarded Monday, June 22, 2026Analyzed

CENTRAL PLATEAU CLEANUP COMPANY, LLC: $53.1M Department of Energy Contract

Bullish

Summary

A $53.1M Department of Energy task order for Hanford Central Plateau cleanup was awarded to Amentum's subsidiary. This represents a modest ~0.2% annual revenue boost for $AMTM and underscores stable DOE environmental remediation spending.

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Key Takeaways

  • 1.$53.1M task order for Hanford cleanup awarded to Amentum subsidiary.
  • 2.Annual revenue impact ~0.22% of Amentum's total revenue.
  • 3.No direct legislative catalyst; funding is via standard DOE appropriations.

Market Implications

This contract is a routine addition to Amentum's environmental portfolio. No significant stock movement is expected from this news alone. Investors should monitor larger DOE awards and appropriations for material catalysts. Subcontractors like $ACM or $TTEK could see indirect benefits from similar cleanup work.

Full Analysis

The Department of Energy awarded a $53.1M task order (CPCC Task Order 6) to Central Plateau Cleanup Company, LLC, a subsidiary of Amentum Holdings ($AMTM), for Manhattan Project National Park Program work at the Hanford site. The three-year period (2024-2027) provides predictable revenue of roughly $17.7M per year. Amentum is a government services contractor with $7.9B in FY2025 revenue, so this contract is small but adds to a large backlog. No related legislation directly authorized this specific award; DOE cleanup funding typically comes via annual appropriations. Potential subcontractors include environmental remediation firms like Aecom ($ACM) and Tetra Tech ($TTEK), though no confirmed beneficiaries were identified. Historically, DOE site management contracts provide stable multi-year cash flows for prime holders. The neutral sentiment reflects the contract's limited financial impact on Amentum's overall business.

Intelligence Surface

Cross-referenced against federal contracts, SEC insider filings & congressional trade disclosures

Unconfirmed

No confirming evidence found yet from contracts, insider trades, or congressional activity

$$AMTM▲ Bullish
Est. $15.0M$20.0M revenue impact

What the bill does

Direct prime contract award via subsidiary Central Plateau Cleanup Company, LLC

Who must act

Department of Energy -> Central Plateau Cleanup Company, LLC (Amentum subsidiary)

What happens

$53.1M task order over 3 years, ~$17.7M annual revenue added to backlog

Stock impact

Small incremental revenue (~0.22% of FY2025 revenue of $7.9B); supports long-term cleanup operations but not material to financials

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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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