Amentum (NYSE: AMTM), a global leader in advanced engineering and innovative technology solutions, announced the award of a significant new contract from Atomic Energy of Canada Limited (AECL) to provide operations and management solutions for Canadian Nuclear Laboratories (CNL). Under this contract, Amentum will help advance nuclear science, technology, and innovation across Canada.
“This contract award reflects our deep expertise in nuclear operations and environmental remediation, and our commitment to delivering safe, reliable, and innovative solutions that serve the best interests of Canada,” said Mark Whitney, Amentum’s Energy and Environment president. “We will pursue valuable collaborations and partnerships with industry and academia to advance nuclear innovation for the public good.”
Valued at approximately CAD$1.2 billion annually on average, the contract was awarded to Nuclear Laboratory Partners of Canada, Inc. (NLPC), a BWXT-led joint venture that includes Amentum, Kinectrics, and Battelle. The contract consists of a six-year base award with extension periods based on performance, up to a total of twenty years. The formal transition of the contract is anticipated to begin this summer.
This strategic joint venture will see Amentum providing comprehensive nuclear operational solutions, research and development, and technical expertise to CNL’s extensive nuclear facilities. NLPC aims to enhance Canada’s nuclear capabilities, promote safety and environmental stewardship, and foster innovation in nuclear science and technology.
This award reflects Amentum’s global leadership and expertise in the nuclear industry. The company will leverage its worldwide team of experienced engineering and technical nuclear experts to support Canada’s advanced energy and security objectives.
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