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Amentum Team Awarded DOE West Valley Deactivation & Demolition Contract

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Amentum (NYSE:AMTM) announced that West Valley Cleanup Alliance, (WVCA), a joint venture led by BWXT Technical Services Group including Jacobs Technology and Geosyntec Consultants, has been awarded the West Valley Project Phase 1B Deactivation & Demolition contract. The Department of Energy contract has a maximum value of $3 billion over a 10-year ordering period.

The project scope includes disposal of radioactive waste, soil remediation, decontamination of underground high-level waste tanks, and transport of solidified waste to a federal repository. The work will take place at the West Valley Demonstration Project, a 150-acre site located 35 miles south of Buffalo, New York, which houses the only commercial spent nuclear fuel reprocessing facility to operate in the United States.

Amentum (NYSE:AMTM) ha annunciato che la West Valley Cleanup Alliance (WVCA), un consorzio guidato da BWXT Technical Services Group insieme a Jacobs Technology e Geosyntec Consultants, è stata aggiudicata al contratto di disattivazione e demolizione della Fase 1B del Progetto West Valley. Il contratto del Dipartimento dell'Energia ha un valore massimo di 3 miliardi di dollari su un periodo di ordinazione di 10 anni.

Il progetto prevede lo smaltimento di rifiuti radioattivi, la bonifica del suolo, la decontaminazione dei serbatoi sotterranei ad alto livello di rifiuti e il trasporto dei rifiuti solidificati in un deposito federale. I lavori si svolgeranno presso il West Valley Demonstration Project, un'area di 150 acri situata a 35 miglia a sud di Buffalo, New York, che ospita l'unico impianto commerciale di riprocessing di combustibile nucleare esausto attivo negli Stati Uniti.

Amentum (NYSE:AMTM) anunció que la Alianza de Limpieza de West Valley (WVCA), un consorcio liderado por BWXT Technical Services Group junto con Jacobs Technology y Geosyntec Consultants, ha sido adjudicado el contrato de desactivación y demolición de la Fase 1B del Proyecto West Valley. El contrato del Departamento de Energía tiene un valor máximo de 3 mil millones de dólares durante un periodo de ordenación de 10 años.

El alcance del proyecto incluye la eliminación de residuos radiactivos, la remediación del suelo, la descontaminación de los tanques subterráneos de residuos de alto nivel y el transporte de residuos solidificados a un repositorio federal. El trabajo se llevará a cabo en el West Valley Demonstration Project, un sitio de 150 acres ubicado a 35 millas al sur de Buffalo, Nueva York, que alberga la única instalación comercial de reprocesamiento de combustible nuclear gastado que opera en los Estados Unidos.

Amentum (NYSE:AMTM)은 BWXT 기술 서비스 그룹이 이끄는 West Valley Cleanup Alliance (WVCA)가 Jacobs Technology 및 Geosyntec Consultants와 함께 West Valley Project Phase 1B 비활성화 및 철거 계약을 수주했다고 발표했습니다. 에너지부 계약은 10년 주문 기간 동안 최대 30억 달러의 가치를 갖습니다.

프로젝트 범위에는 방사성 폐기물 처리, 토양 정화, 지하 고준위 폐기물 탱크의 오염 제거, 그리고 고형 폐기물을 연방 저장소로 운송하는 작업이 포함됩니다. 작업은 뉴욕주 버팔로에서 35마일 남쪽에 위치한 150에이커의 West Valley Demonstration Project에서 진행됩니다. 이 곳에는 미국에서 운영되는 유일한 상업용 사용후핵연료 재처리 시설이 있습니다.

Amentum (NYSE:AMTM) a annoncé que l'Alliance de Nettoyage de West Valley (WVCA), un coentreprise dirigé par le groupe BWXT Technical Services comprenant Jacobs Technology et Geosyntec Consultants, a été attribuée le contrat de désactivation et de démolition de la Phase 1B du Projet West Valley. Le contrat du Département de l'Énergie a une valeur maximale de 3 milliards de dollars sur une période de commande de 10 ans.

Le périmètre du projet comprend l'élimination des déchets radioactifs, la dépollution des sols, la décontamination des cuves souterraines de déchets de haut niveau et le transport des déchets solidifiés vers un dépôt fédéral. Les travaux auront lieu dans le West Valley Demonstration Project, un site de 150 acres situé à 35 miles au sud de Buffalo, New York, qui abrite la seule installation commerciale de retraitement de combustibles nucléaires usagés en activité aux États-Unis.

Amentum (NYSE:AMTM) hat bekannt gegeben, dass die West Valley Cleanup Alliance (WVCA), ein Joint Venture unter der Leitung von BWXT Technical Services Group, einschließlich Jacobs Technology und Geosyntec Consultants, den Vertrag für die Deaktivierung und Demontage der Phase 1B des West Valley Projekts erhalten hat. Der Vertrag des Ministeriums für Energie hat einen maximalen Wert von 3 Milliarden Dollar über einen Bestellzeitraum von 10 Jahren.

Der Projektumfang umfasst die Entsorgung von radioaktiven Abfällen, die Bödenrückführung, die Dekontamination von unterirdischen Hochlevel-Abfallbehältern und den Transport von solidifiziertem Abfall zu einem Bundeslager. Die Arbeiten finden im West Valley Demonstration Project statt, einem 150 Hektar großen Gelände, das sich 35 Meilen südlich von Buffalo, New York, befindet und die einzige kommerzielle Wiederaufbereitungsanlage für abgebrannten Kernbrennstoff in den Vereinigten Staaten beherbergt.

Positive
  • Secured major DOE contract worth up to $3 billion
  • 10-year contract duration providing long-term revenue visibility
  • Expands presence in nuclear decommissioning market
Negative
  • None.

Insights

This $3 billion DOE contract win represents a significant opportunity for Amentum and its partners. The West Valley Demonstration Project is a complex nuclear decommissioning initiative that will leverage Amentum's advanced technical capabilities in robotics, UAVs and digital tools. The 10-year IDIQ contract structure provides stable, long-term revenue potential while the scope encompasses critical environmental cleanup activities including radioactive waste disposal, soil remediation and facility decontamination.

The strategic value lies in Amentum's established presence at WVDP since 1982, which provides deep institutional knowledge of the site's unique challenges. The contract reinforces Amentum's position as a leading provider of nuclear decommissioning services and strengthens its relationship with the DOE's Office of Environmental Management, potentially leading to future contract opportunities in this specialized sector.

The technical complexity of this project is significant, involving multiple waste streams and challenging remediation requirements. The scope includes handling various categories of radioactive waste - from low-level to transuranic - and the decommissioning of underground high-level waste tanks. The project's location near Buffalo adds logistical considerations for waste transport and disposal.

The joint venture structure with BWXT, Jacobs and Geosyntec brings together complementary expertise in nuclear operations, environmental engineering and geotechnical consulting. This comprehensive skill set is important for managing the project's diverse technical challenges while ensuring regulatory compliance and stakeholder satisfaction. The contract's flexible IDIQ structure allows for adaptive project management as site conditions and requirements evolve.

CHANTILLY, Va.--(BUSINESS WIRE)-- Amentum (NYSE:AMTM) announced today that West Valley Cleanup Alliance, LLC (WVCA), a BWXT Technical Services Group-led joint venture that includes Jacobs Technology, an Amentum company, and Geosyntec Consultants, Inc, has been awarded the West Valley Project Phase 1B Deactivation & Demolition contract. Amentum will bring advanced environmental capabilities to safely clean up the West Valley Demonstration Project (WVDP) in western New York state.

“With our extensive experience bringing advanced technical solutions such as UAV, robotics, sensors, telematics, and other digital tools to safely decommission nuclear facilities, we are pleased to be selected as the Department of Energy’s partner,” said Steve Arnette, Amentum’s Chief Operating Officer. “Amentum and our partners have a successful track record addressing deactivation and decommissioning challenges and we look forward to partnering with our DOE client, regulators, and community stakeholders to further advance the cleanup mission at the West Valley Demonstration Project.”

The scope of this contract includes disposal of low level, radioactive and transuranic waste; soil remediation; decontamination and decommissioning of underground high level waste tanks, facilities and any material used in connection with the project; and eventual transport of solidified waste to a federal repository for permanent disposal.

The U.S. Department of Energy (DOE) single-award IDIQ contract has a maximum value of up to $3 billion over a 10-year ordering period. Performance of task orders issued before the end of the contract ordering period shall not exceed five years beyond the end of the contract ordering period.

The West Valley Demonstration Project is an approximate 150-acre area located 35 miles south of Buffalo, New York. The site is owned by the New York State Energy Research and Development Authority and is home to the only commercial spent nuclear fuel reprocessing facility to operate in the United States. Amentum and its legacy companies have supported the DOE’s office of Environmental Management WVDP cleanup program since 1982.

About Amentum

Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, inclusion and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents.

Visit us at amentum.com to learn how we advance the future together.

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Forward-Looking Statements

This press release contains or incorporates by reference statements that relate to future events and expectations and, as such, constitute forward-looking statements under the securities laws, including statements regarding the Reverse Morris Trust transaction (the “transaction”), as described in the information statement filed as Exhibit 99.1 to the Current Report on Form 8-K of Amentum Holdings, Inc. (the “Company”) filed with the Securities and Exchange Commission (the “SEC”) on September 18, 2024 (the “information statement”). These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the anticipated work and revenue under the awarded contract, the expected benefits of the transaction, including future financial and operating results and strategic benefits, the tax consequences of the transaction, and the Company’s objectives, expectations and intentions, applicable legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements.

For information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see the discussions under the section entitled “Risk Factors” in the information statement. Any forward-looking statement speaks only as of the date on which it is made, and the Company assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Chanel Mann

(682) 788-5685

chanel.mann@amentum.com

Source: Amentum

FAQ

What is the value of Amentum's (AMTM) West Valley Deactivation contract?

The Department of Energy contract awarded to the West Valley Cleanup Alliance has a maximum value of $3 billion over a 10-year ordering period.

What work will Amentum (AMTM) perform at the West Valley Demonstration Project?

Amentum will handle disposal of radioactive waste, soil remediation, decontamination of underground waste tanks, and transport of solidified waste to a federal repository.

Where is the West Valley Demonstration Project that Amentum (AMTM) will be working on?

The West Valley Demonstration Project is a 150-acre site located 35 miles south of Buffalo, New York.

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