Amentum JV Lands €95.7M EU Nuclear Cleanup Contract for Four Research Sites
A joint venture led by Amentum secured a €95.7 million ($112 million) contract to decommission reactors, hot cells and accelerators at JRC sites in Ispra, Karlsruhe, Geel and Petten over two years plus three optional extensions. Amentum represents 0.70% of IJS, so ETF flows may drive its share price.
1. Contract Award and Value
Amentum led a joint venture that secured a €95.7 million framework contract from the European Commission’s Joint Research Centre for nuclear decommissioning and waste management across four research sites in Europe.
2. Cleanup Scope and Timeline
The work covers decommissioning reactors, hot cells, accelerators and laboratories at JRC facilities in Ispra, Karlsruhe, Geel and Petten over a two-year base period with three optional two-year extensions, supported by WSP Italia, TUV Rheinland and Protection Solution SRL.
3. ETF Holdings and Price Impact
With Amentum representing 0.70% of the iShares S&P SmallCap 600 Value ETF (IJS), any significant inflows or outflows in the ETF could trigger automatic buying or selling of Amentum shares during rebalancing events.