$AMTM

On Aug. 4, 2026, Westinghouse Electric announced agreements with Amentum Holdings to support its APX nuclear technology, including AP1000 fleet deployment, AP300 SMR development and licensing, and work toward 1-gigawatt reactors at scale. The article notes Amentum’s nuclear backlog and cites forecasts of $15.7B revenue and $526.8M earnings by 2029.

Westinghouse Electric and Amentum signed agreements to support Westinghouse’s APX nuclear technology platform, including AP1000 fleet deployment and AP300 small modular reactor development. The latest deal targets U.S. NRC regulatory approval for the AP300. The companies said the collaboration aims to accelerate AP300 licensing and improve engineering and execution for 1-gigawatt reactors at scale.

On July 30, the US Space Force’s Space Systems Command selected 15 companies for the NITE-STAR IDIQ contract, a six-year program with a ceiling of up to $981 million to build a live orbital training range. The range will use actual satellites to run adversary-style sorties for “Guardians” through July 29, 2032. Awardees include Northrop Grumman, Lockheed Martin, Rocket Lab, Firefly, Redwire, and Viasat.

ICE said it will extend Amentum Services Inc.’s no-bid contract to run Camp East Montana at Fort Bliss through Sept. 30, 2027. The extension could add $776 million to a prior $452 million award. The move follows reports of detainee mistreatment and deaths, with ICE citing lack of bed space and transition costs.

Citizens Financial reiterated a Market Outperform rating and $40.00 price target for Amentum Holdings (AMTM). The stock was cited around $22.87. Citizens linked its view to comments at the Farnborough air show that European defense sorties are rising, which could lift demand for Amentum’s aviation sustainment and modernization services.

Amentum (AMTM) said the U.S. DOE/NNSA selected it to negotiate a phased lease at the Savannah River Site for a proposed 1 GW AI data center with about 2 GW on-site generation. The plan would start with natural gas as a bridge to advanced nuclear. The lease is subject to negotiations and approvals, with no reactor vendor disclosed.

Amentum, a US defense contractor, won an $85 million, three-year contract to modernize spent fuel examination capabilities for the US Navy’s Nuclear Propulsion Program at the Naval Reactors Facility in Idaho, according to the company. The work will redesign and upgrade tools to compare used fuel core performance with design predictions, supporting safety, reliability, and mission capability.

Amentum Holdings (NYSE:AMTM) shares rose 1.4% after the U.S. Department of Energy’s National Nuclear Security Administration selected the company to negotiate a phased lease for a 1-gigawatt AI data center at the Savannah River Site. The project includes about 2 gigawatts of on-site energy, starting with natural gas and planning a shift to advanced nuclear, per the DOE.

Amentum (NYSE: AMTM) says the U.S. Department of Energy’s NNSA selected it to negotiate a phased lease for an AI and energy infrastructure project at the Savannah River Site. The plan calls for a 1-gigawatt AI data center with about 2 gigawatts of on-site power, starting with natural gas and transitioning to advanced nuclear, per the company.

After ISM reported its Services PMI at 54 (down 0.5 points from May but above 50 for 24 straight months), several stocks rose in afternoon trading. TaskUs (TASK), Amentum (AMTM), Napco (NSSC) and Tetra Tech (TTEK) gained 3.6%–4.5%. For Tetra Tech, revenue was $1.23B and EPS $0.48 in its latest quarter; fiscal-year EPS guidance was $1.48 midpoint.