Amentum Stock Climbs on Selection for Major DOE AI Data Center Project

Amentum Holdings (NYSE:AMTM) shares gained 1.4% in Monday's trading after the company announced it was selected by the U.S. Department of Energy’s National Nuclear Security Administration to negotiate a major infrastructure project. The government contractor will discuss a phased lease to develop an artificial intelligence data center at the Savannah River Site in South Carolina.

Project Details and Scope

The proposed public-private partnership aims to establish one of the nation's largest integrated AI and energy infrastructure projects. According to the announcement, the facility is designed to address the rapidly growing demand for domestic AI computing capacity.

Key specifications for the project include:

• A 1-gigawatt AI data center.
• On-site energy generation of approximately 2 gigawatts to support the facility.
• An initial power source of natural gas, with future plans to transition to advanced nuclear energy.

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Strategic Context

The selection leverages Amentum's long-standing relationship with the U.S. government and its experience at the Savannah River Site. The company highlighted its expertise in nuclear operations, infrastructure development, and program delivery as key qualifications for the complex project.

For investors, this development positions Amentum at the intersection of several high-growth and national security-focused sectors, including AI infrastructure, energy resilience, and advanced nuclear technology. The project's model aims to demonstrate how public-private partnerships can build out critical domestic infrastructure while integrating next-generation energy sources.