Amentum Expands UK Nuclear Energy Specialist Services Portfolio with $730 Million Major Contracts Win

CHANTILLY, Va.--(BUSINESS WIRE)--Jan 27, 2026--

Amentum (NYSE: AMTM) has won a suite of new contracts from Électricité de France (EDF) worth up to $730 million (£540 million), expanding the critical solutions it provides for the UK’s existing nuclear reactors as well as the construction of a new gigawatt power station at Hinkley Point.

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Loren Jones, senior vice president and head of Amentum’s Energy & Environment-International business, said: “Amentum’s expertise in gigawatt reactor operational support and life extension makes it the ideal partner for EDF, one of the world’s largest nuclear utilities.

“This award advances our strategy to accelerate the growth of our nuclear energy business in line with the opportunities being created by the worldwide nuclear resurgence.

“Amentum will deploy the skills and experience of more than 1,000 UK-based specialists to provide the full breadth of nuclear skills, solutions, and products essential to the continued operation and life extension of the UK’s existing nuclear fleet.

“A further 300 Amentum colleagues are already delivering multi-disciplinary roles across Hinkley Point C under the Professional Services Agreement. We expect this number to grow as these new contracts mature, strengthening our position to support long-term operations once the reactors come online.”

Amentum has a Lifetime Enterprise Agreement with EDF, signed in 2015, to provide strategic, long-term technical solutions for EDF's UK nuclear fleet including licensing, design and construction, modeling and analysis solutions, and laboratory and engineering test facilities. This work has enabled EDF to achieve an aggregate 38 years of life extension across the seven advanced gas-cooled reactor stations.

Mark Whitney, president of Amentum’s Energy & Environment business, added: “These new contracts build on Amentum’s differentiated position as a lead strategic partner to EDF and advance an immensely productive business relationship that dates back many decades.”

The newly awarded contracts comprise: ten-year Professional Services Agreement frameworks with Hinkley Point C; EDF Nuclear Operations and EDF Nuclear Services to support the Hinkley Point C new build programme, operating stations and their engineering capability hub; and a five-year Project Management Resources framework to support station operations, life extension and preparation for decommissioning.

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, collaboration and well-being are integral to success. Headquartered in Chantilly, Virginia, we have approximately 50,000 employees in more than 70 countries across all 7 continents.

About Amentum in the United Kingdom

With more than 6,000 people in the UK, Amentum is the delivery partner for program, project and construction management services at Hinkley Point C; sole program and project management delivery partner at Sizewell C; and also supports the UK’s existing nuclear power stations under a Lifetime Enterprise Agreement with EDF. It is a major supplier of engineering design, safety case and project management at Sellafield and other UK nuclear decommissioning sites and operates the country’s largest private sector complex of nuclear laboratories and engineering test facilities in Warrington.

In the defence sector, Amentum has an essential role in the UK’s continuous at-sea deterrent by providing safety advice and technology services for the Royal Navy’s nuclear submarines and program management and engineering support for AWE. Amentum’s specialist teams also assist procurement and operational delivery of goods and services across the whole of the UK Ministry of Defence .

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Forward-Looking Statements

This press release contains or incorporates by reference statements by Amentum Holdings, Inc. (the “Company”) that relate to future events and expectations and, as such, constitute “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements may be characterized by terminology such as “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, 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.

A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including, among others: the occurrence of an accident or safety incident; the ability of the Company to control costs, meet performance requirements or contractual schedules; and other factors set forth under Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 27, 2024, which can be found at the SEC’s website at www.sec.gov or the Investor Relations portion of our website at www.amentum.com. 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.

Heysham 2 Nuclear Power Station in Lancashire, England. (Image courtesy of EDF)

LOS ANGELES (AP) — President Donald Trump announced Tuesday that he has signed an executive order to “cut through bureaucratic red tape” and speed up reconstruction of tens of thousands of homes destroyed by the January 2025 Los Angeles area wildfires.

Trump's order, signed Friday, seeks to allow homeowners to rebuild without contending with “unnecessary, duplicative, or obstructive” permitting requirements, the White House said in a statement.

The order directs the Federal Emergency Management Agency and the Small Business Administration to find a way to issue regulations that would preempt state and local rules for obtaining permits and allow builders to “self-certify” that they have complied with “substantive health, safety, and building standards.”

California Gov. Gavin Newsom scoffed at the idea that the federal government could issue local rebuilding permits and urged Trump to approve the state's $33.9 billion disaster aid request. Newsom has traveled to Washington, D.C., to advocate for the money, but the administration has not yet approved it.

The Democratic governor said on social media that more than 1,600 rebuilding permits have been issued in Los Angeles and officials are moving at a fast pace.

“An executive order to rebuild Mars would do just as useful,” Newsom wrote on social media. He added, “please actually help us. We are begging you.”

Fewer than a dozen homes had been rebuilt in Los Angeles County as of Jan. 7, one year after the fires began, The Associated Press found. About 900 homes were under construction.

The Palisades and Eaton fires killed 31 people and destroyed about 13,000 residential properties. The fires burned for more than three weeks and cleanup efforts took about seven months.

It wasn’t immediately clear what power the federal government could wield over local and state permitting. The order also directs federal agencies to expedite waivers, permits and approvals to work around any environmental, historic preservation or natural resource laws that might stand in the way of rebuilding.

Los Angeles Mayor Karen Bass said in a statement that instead of trying to meddle in the permitting process, the Trump administration should speed up FEMA reimbursements.

Bass called Trump's move a “political stunt” and said the president should issue an executive order “to demand the insurance industry pay people for their losses so that survivors can afford to rebuild, push the banking industry to extend mortgage forbearance by three years, tacking them on to the end of a 30-year mortgage, and bring the banks together to create a special fund to provide no-interest loans to fire survivors.”

The mayor said rebuilding plans in Pacific Palisades are being approved in half the time compared to single-family home projects citywide before the wildfires, “with more than 70% of home permit clearances no longer required.”

Permitting assistance is “always welcome,” said Joy Chen, executive director of the Eaton Fire Survivor’s Network, a coalition of more than 10,000 Eaton and Palisades fire survivors, but it’s not the primary concern for those trying to rebuild.

“The number one barrier to Eaton and Palisades fire survivors right now is money,” said Chen, as survivors struggle to secure payouts from insurance companies and face staggering gaps between the money they have to rebuild and actual construction costs.

Nearly one-third of survivors cited rebuild costs and insurance payouts as primary obstacles to rebuilding in a December survey by the Department of Angels, a nonprofit that advocates for LA fire survivors, while 21% mentioned permitting delays and barriers.

In addition, Trump's executive order also directs U.S. Homeland Security Secretary Kristi Noem and FEMA acting administrator Karen Evans to audit California’s use of Hazard Mitigation Grant Program funding, a typical add-on in major disasters that enables states to build back with greater resilience. The audit must be completed within 60 days, after which Noem and Evans are instructed to determine whether future conditions should be put on the funding or even possible “recoupment or recovery actions” should take place.

Trump has not approved a single request for HMGP funding from states since February, part of a wider effort to reduce federal funding for climate mitigation.

Aoun Angueira reported from San Diego.

FILE - A person walks amid the destruction left behind by the Palisades Fire in the Pacific Palisades neighborhood of Los Angeles, Jan. 9, 2025. (AP Photo/Jae C. Hong, File)

FILE - An aerial view shows houses being rebuilt on cleared lots months after the Palisades Fire, Dec. 5, 2025, in the Pacific Palisades neighborhood of Los Angeles. (AP Photo/Jae C. Hong, File)