Archived explainer. For the current picture see today's AMTM page.
AMENTUM HLDGS INC EQ (AMTM) is drawing unusual attention today. Our newswire has captured 5 stories on AMTM across 4 sources in the last 36 hours, with AI sentiment reading bullish (avg 66/100).
Amentum Holdings Inc (AMTM) stock is moving modestly higher in early trading on the back of a major Department of Energy (DoE) project selection. The company is in negotiations for a phased lease to develop one of the largest U.S. integrated AI and energy infrastructure projects at the Savannah River Site in South Carolina. The initiative, which will initially use natural gas and transition to advanced nuclear energy, is expected to significantly enhance the company’s profile in the energy and national security sectors.
The Department of Energy has selected Amentum to lead the development of a large-scale AI data center and energy generation project. The project is part of a broader effort to advance U.S. infrastructure and energy security. Amentum is partnering with the DoE on this initiative, which includes the construction of one of the nation’s largest integrated AI data centers. The project is also linked to the Nuclear Fuel Cycle Consortium, where Amentum is a key participant alongside companies like Solstice Advanced Materials and Mirion Technologies. This development has drawn attention to the company’s growing role in the energy transition and national security infrastructure.
In early trading, Amentum’s stock opened at $21.23 and traded as high as $21.24 before retreating to a low of $20.82. The stock is currently trading at $21.09 with a volume of 0.4 million shares, which is 0.2 times the 3-month daily average. The stock has a market cap of $5.1 billion and a P/E ratio of 35.3. Over the past year, it has traded between $19.80 and $38.11. Recent congressional trades include a purchase and a sale by Donald J. Trump, each in the range of $15,001 to $50,000, with the most recent filing on May 13, 2026.
Amentum has not announced an upcoming earnings date. Investors should monitor the breadth of coverage and any further developments regarding the DoE project negotiations, as well as potential updates on the company’s other contracts and partnerships.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
DOE approved the Nuclear Fuel Cycle Consortium Voluntary Agreement. Major participants in the consortium include Solstice Advanced Materials, Mirion Technologies and Amentum. Read more here.
Amentum stock gains on DOE AI data center project selection
Amentum is set to build one of the nation's largest integrated AI data centers powered by advanced energy solutions at the Savannah River Site in partnership with the U.S. Department of Energy. This initiative aims to accelerate American computing capacity and energy resilience, combining nuclear expertise with large-scale infrastructure delivery.
Amentum was selected by the Department of Energy to enter negotiations for a phased lease to develop one of the largest US integrated AI and energy infrastructure projects in South Carolina.
The project would initially use natural gas, bridging to advanced nuclear energy at South Carolina’s Savannah River Site once finalized.
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Earlier AMTM move explainers: 2026-07-27 · 2026-07-21 · 2026-07-20