Amentum-Led Joint Venture Secures $406 Million Contract as Owner's Engineer for UK's First Small Modular Reactors
Core Viewpoint - Great British Energy has awarded a $406 million contract to a joint venture between Amentum and Cavendish Nuclear for the UK's small modular reactor program, indicating significant investment in nuclear technology [1] Group 1: Contract Details - The contract is valued at $406 million (£300 million) and is awarded to a joint venture between Amentum (NYSE: AMTM) and Cavendish Nuclear [1] - This long-term agreement has a maximum duration of 14 years [1] Group 2: Project Impact - The contract will support the deployment of Rolls-Royce SMR's innovative reactor technology at the Wylfa site in North Wales [1] - The initiative represents a significant step in advancing the UK's nuclear energy capabilities [1]