Transaction, set to close by third quarter next year, would create new public company with more than 53,000 employees, of which Jacobs shareholders would have a 63% ownership stake.
U.S. Energy Dept selected team, also including Fluor and Cavendish Nuclear, to manage decontamination and decommissioning work at the shuttered Portsmouth Gaseous Diffusion Plant in Piketon, Ohio.
Giant 10-year O&M contract combines functions of two awards originally planned—one to manage millions of gallons of radioactive waste stored underground at the former weapons site and the other to operate its multi-billion-dollar waste treatment plant awaiting startup.
Kuwaiti translators hired by a former AECOM business and contractor DynCorp under two large US Army contracts claim in a whistleblower lawsuit that the firms knew of alleged abuses, a case that a US district court judge allowed on March 9 to proceed; the firms now operate as Amentum.
AECOM spinoff Amentum is part of BWXT-Fluor group awarded DOE Savannah River Site contract in South Carolina, and teams with Jacobs, Honeywell to manage $8.3B of work at the Oak Ridge, Tenn., complex.