AMTM News & Events

A joint venture led by Amentum has won a new framework contract as the lead decommissioning and waste management contractor for nuclear research sites in four European countries. Under the $112M contract, awarded by the European Commission Joint Research Centre, the Amentum-led JV will provide decommissioning solutions to accelerate the cleanup efforts of JRC sites in Ispra, Karlsruhe, Geel and Petten. The work will be delivered by an Amentum-led joint venture with WSP Italia, supported by sub-contractors TUV Rheinland and Protection Solution SRL. The JV's scope of work includes licensing, radioactive waste management, radiation protection, decommissioning and nuclear engineering, worksite management and safety, non-nuclear engineering, facility supervision and quality assurance. The JRC contract has a duration of two years with three potential two-year extensions.

Amentum will open a new worldwide headquarters in Reston, Virginia in early 2027. The company has signed a 45,000-square-foot lease at 1900 Reston Metro Plaza located in the heart of Reston Station's Metro Plaza District.

Following Friday's broad-based gains, U.S. equity markets continued their rebound on Monday, with Basic Materials leading the charge but Technology - a sector responsible for much of the volatility last week - also extending its gains.  The Software Application group was still mixed, but Semiconductors and AI-related large-cap Software Infrastructure traded with greater conviction as Nvidiarose 2.5%, Microsoftrallied 3%, and Oracle- down 60% from September high as recently as last week - spiked 10%.  In the opening hour of the evening session, futures are in consolidation mode - S&P e-minis and Nasdaq 100 are both trading flat.Strength in commodities continues to drive in bid in Basic Materials and Energy - the top two sectors year-to-date.  In the evening session, WTI Crude Oil remains above $64 per barrel, with Gold and Silver at $5,060 and just shy of $82 per ounce respectively.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Ichorup 19.7&Credo Technologyup 14.6%AECOMup 3.2%Amkor Technologyup 2.5%ALSO HIGHER -RingCentralup 5.3% after entering S&P SmallCap 600DOWN AFTER EARNINGS -Upworkdown 24.2%Goodyear Tire & Rubberdown 11.0%Amentum Holdingsdown 10.8%ZoomInfodown 6.0%Principal Financial Groupdown 5.5%ON Semidown 5.0%Medpace Holdingsdown 4.8%Manitowoc Companydown 2.2%ALSO LOWER -REGENXBIOdown 17.1% after FDA issues CRL for BLA for RGX-121

Reports Q1 revenue $3.24B, consensus $3.32B. "Amentum's first-quarter results reflect solid operational performance and continued progress on our strategic objectives," said Amentum CEO. "Robust bookings across our accelerating growth markets reinforce the strength of our strategy that focuses on the high-demand mission areas of global nuclear energy, space systems and technologies, and critical digital infrastructure. As a result, we remain well positioned to deliver on our fiscal year 2026 targets."