Cranberry Township, PA., August 4, 2026 – Westinghouse Electric Company and Amentum (NYSE: AMTM), a global leader in advanced engineering and technology solutions, have entered into a series of agreements supporting the Westinghouse APX technology platform. These agreements augment Westinghouse capabilities to support fleet-scale deployment of its AP1000® reactor while also advancing the development of the AP300™ small modular reactor (SMR).
“Westinghouse is pursuing a disciplined APX technology strategy built on the proven AP1000 reactor and extended through the AP300 SMR,” said Dan Sumner, President and Chief Executive Officer of Westinghouse. “We continue to make investments to strengthen our proven APX platform, and our ongoing collaboration with Amentum is expected to accelerate the licensing of the AP300 SMR with the NRC. Separately, our two companies will work together to enhance our engineering and execution capabilities for delivering 1-gigawatt reactors at scale.”
“Amentum’s expertise spans the full spectrum of the nuclear project lifecycle, accelerating the development and deployment of advanced nuclear solutions, strengthening energy security and powering the growth of AI and other energy critical industries,” said John Heller, Amentum Chief Executive Officer. “There is an expanding global market for firm baseload power, and our collaboration with Westinghouse will enable us to help meet that demand.”
The Westinghouse APX strategy offers a single technology platform enabling the fleet delivery of the AP1000 reactor and the AP300 SMR. The APX platform is based on the proven innovations and technology of the AP1000 plant, including validated engineering, components, licensing strategies, fuel design and supply chain. The APX strategy offers the grid-scale, commercially available AP1000 reactor for near-term global fleet deployments, while developing the AP300 SMR to address additional market segments with smaller energy requirements. Amentum’s engineering capacity and nuclear experience will strengthen the industrial base and delivery model, enabling the repeatable deployment of the APX technology suite.
Under the most recent agreement, Westinghouse and Amentum will collaborate to obtain regulatory approval for the AP300 SMR by the U.S. Nuclear Regulatory Commission, a major milestone in bringing the technology to market.
Westinghouse and Amentum have an established history of partnership on nuclear projects worldwide, including nuclear power and decommissioning projects in the United States, United Kingdom, Poland, Slovakia, Lithuania and South Africa.
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A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including, among others: the occurrence of an accident or safety incident; the ability of the Company to control costs, meet performance requirements or contractual schedules; and other factors set forth under Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended November 5, 2025, which can be found at the SEC’s website at www.sec.gov or the Investor Relations portion of our website at www.amentum.com. Any forward-looking statement speaks only as of the date on which it is made, and the Company assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
