contract_awardAwarded Tuesday, June 9, 2026Analyzed

HGL-APTIM TECHNOLOGIES JV LLC: $30.9M Department of Energy Contract

Neutral

Summary

The Department of Energy awarded a $30.9M delivery order to HGL-APTIM TECHNOLOGIES JV LLC for decontamination and decommissioning of excess facilities at Lawrence Livermore National Laboratory. As the recipient is a private joint venture, no publicly traded companies are directly impacted by this contract.

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Key Takeaways

  • 1.The contract is a routine environmental remediation task order for a private joint venture.
  • 2.No publicly traded companies are direct beneficiaries of this award.
  • 3.The work supports DOE's infrastructure decommissioning efforts but does not shift competitive dynamics.

Market Implications

This contract is too small and too specific to a private entity to generate meaningful market implications for publicly traded companies. Investors tracking environmental remediation should monitor larger DOE awards that go to public firms like Jacobs Solutions or AECOM.

Full Analysis

The Department of Energy has awarded a $30.9M delivery order to HGL-APTIM TECHNOLOGIES JV LLC for the LLNL Excess Facilities DD&R (Decontamination & Decommissioning) Task Order, covering a period from January 2026 through November 2031. This contract involves environmental remediation and facility closure work at Lawrence Livermore National Laboratory. Because HGL-APTIM TECHNOLOGIES JV LLC is a private entity formed as a joint venture between HGL and APTIM, neither of which are publicly traded, no direct stock market impact can be attributed. The contract supports the broader environmental cleanup and infrastructure sector within the Department of Energy's portfolio. Related legislation such as S1547 (America the Beautiful Act) and HR8828 signal general infrastructure spending priorities, but no specific bills directly authorize this contract. The award is routine in nature and does not represent a transformative event for any public company.

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Contract Details

Recipient

HGL-APTIM TECHNOLOGIES JV LLC

Award Amount

$30,855,910

Awarding Agency

Department of Energy

Sub-Agency

Department of Energy

Contract Type

DELIVERY ORDER

Related Bills

S1547HR8828