CENTRAL PLATEAU CLEANUP COMPANY, LLC: $946M Department of Energy Contract
Summary
Amentum Holdings ($AMTM) secured a $946M DOE task order for Hanford cleanup, adding ~$315M/year in revenue (~4% of total). The contract bolsters AMTM's environmental services backlog and supports profitability improvement, with no direct legislative tie but clear sector tailwinds from ongoing federal remediation spending.
See which stocks are affected
Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.
Already have an account? Log in
Key Takeaways
- 1.AMTM wins $946M DOE Hanford cleanup task order, adding ~$315M/year in revenue (4% of sales).
- 2.Contract strengthens AMTM's environmental services backlog and supports operating margin improvement.
- 3.No direct legislative driver identified, but DOE cleanup spending remains a stable funding source.
Market Implications
The contract is a positive catalyst for , reinforcing its leadership in DOE environmental management. Given its pure-play exposure to government services and remediation, AMTM is well-positioned to capture further awards. The stock may see upward pressure as the backlog increases and profitability improves. Competitors like $CHRT and $BWXT may also benefit indirectly through similar DOE contracts, but AMTM is the direct beneficiary.
Full Analysis
The Department of Energy awarded CENTRAL PLATEAU CLEANUP COMPANY, LLC, a subsidiary of Amentum Holdings, a $946M delivery order for the Hanford Central Plateau Cleanup contract. The initial not-to-exceed value is $98M, but the total contract value over the three-year period (2024-2027) is $946M, representing a significant environmental remediation program. Amentum is the direct recipient, with 97% confidence via SEC filings. This is a major win for as it reinforces its position in DOE's environmental management market, which is a core business segment. The contract's annualized value of roughly $315M is about 4% of AMTM's FY2025 revenue of $7.9B. Given AMTM's negative net income but positive operating income, this contract provides margin-accretive revenue with high visibility. No related bills in the HillSignal database directly authorize this contract, though DOE's environmental cleanup budget is supported by annual appropriations. The cleanup requires specialized services, likely benefiting subcontractors in waste management, engineering, and construction, though specific names are not disclosed. Historically, large DOE remediation contracts provide steady cash flows over multi-year periods, supporting stock performance for companies like AMTM and peers such as $CHRT or $BWXT, though AMTM is the primary beneficiary here.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $946M Department of Energy Contract
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $53.1M Department of Energy Contract
HANFORD TANK WASTE OPERATIONS & CLOSURE, LLC: $1.4B Department of Energy Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Ushering in the Next Frontier of Quantum Innovation
This executive order updates the National Quantum Strategy and establishes a national effort (QC-ADDS) to develop a quantum computer for scientific discovery, with deployment at a Department of Energy facility. It directs multiple agencies to prioritize quantum sensing, networking, and supply chain initiatives, and mandates plans for commercial readiness and national security applications.
Securing the Nation Against Advanced Cryptographic Attacks
This executive order mandates a nationwide transition of federal information systems and critical infrastructure to post-quantum cryptography (PQC) by specific deadlines (2030 for key establishment, 2031 for digital signatures), directs NIST to lead technical guidance and a pilot project, requires agencies to appoint PQC migration leads, and orders the Federal Acquisition Regulatory Council to propose rules requiring contractors to comply with NIST PQC standards by 2030.
National Security Presidential Memorandum/NSPM-12
This memorandum rescinds previous national security directives and re-establishes the Committee on National Security Systems (CNSS) to enforce baseline cybersecurity standards across all National Security Systems (NSS) operated by the Department of War, Intelligence Community, and Federal Civilian Executive Branch agencies. It creates binding directives and complementary standards that must meet or exceed NIST guidelines, empowers the NSA Director as the National Manager to issue emergency directives and cryptography requirements, and holds agency heads accountable through government-wide oversight.
Contract Details
Recipient
CENTRAL PLATEAU CLEANUP COMPANY, LLC
Award Amount
$945,862,222
Awarding Agency
Department of Energy
Sub-Agency
Department of Energy
Contract Type
DELIVERY ORDER
Free — no credit card
Get the next market-moving signal before the news does
HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.
Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan · No credit card · Unsubscribe in one click
Want the live terminal too? Create a free account →