CENTRAL PLATEAU CLEANUP COMPANY, LLC: $53.1M Department of Energy Contract
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
No confirming evidence found yet from contracts, insider trades, or congressional activity
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
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
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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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