Atlas Awarded Three-Year, $21 Million Contract Extension at the Naval Nuclear Laboratory
25 January 2023 - 11:00PM
Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the
“Company”), a leading Infrastructure and Environmental solutions
provider, announced that it has been awarded a three-year, $21
million contract extension to provide Construction Materials
Testing (CMT) on the Spent Fuel Handling Recapitalization Project
at the Naval Nuclear Laboratory.
Under the contract with Fluor Marine Propulsion, LLC, which
manages the Naval Nuclear Laboratory, Atlas is designated as the
Independent Testing Agency ensuring that concrete materials used at
the site meet proper Nuclear Quality Assurance (NQA-1) standards.
Atlas engineers and technical staff will conduct material and
vendor validation, concrete mix design and batch plant
certifications, field testing of soils and concrete to ensure
compliance and safety with all Nuclear Quality Assurance
standards.
“We are honored to build on our 20+ years of experience across a
variety of projects at the Idaho National Laboratory (INL). This
contract extension allows us to continue our work at the Naval
Nuclear Laboratory at INL to ensure the consistent delivery of
high-quality assets for U.S Government agencies including the
Department of Energy and the National Nuclear Security
Administration,” said Atlas CEO, L. Joe Boyer. “This project
highlights Atlas’ ability to provide highly technical quality
assurance solutions on projects related to the Nation’s most
critical infrastructure assets.”
The Spent Fuel Handling Recapitalization Project, located at the
Naval Nuclear Laboratory at the Idaho National Laboratory, supports
the Naval Nuclear Propulsion Program’s mission through the
transportation and processing of spent nuclear fuel for packaging
and safe storage after removal from the U.S. Navy’s submarine and
aircraft carrier fleet.
About Atlas Technical ConsultantsHeadquartered
in Austin, Texas, Atlas is a leading provider of Infrastructure and
Environmental Solutions. We partner with our clients to improve
performance and extend the lifecycle of built and natural
infrastructure assets stressed by climate, health, and economic
impacts. With 3,500+ employees nationwide, Atlas brings deep
technical expertise to public- and private-sector clients,
integrating services across four primary disciplines: Environmental
(ENV); Testing, Inspection and Certification (TIC); Engineering
& Design (E&D); and Program Management/Construction
Management, and Quality Management (PCQM). To learn more about
Atlas innovations for transportation, commercial, water,
government, education, and industrial markets,
visit https://www.oneatlas.com.
Forward-Looking StatementsThe
statements contained in this press release that are not purely
historical are forward-looking statements. Our forward-looking
statements include, but are not limited to, statements regarding
our management team’s expectations, hopes, beliefs, intentions or
strategies regarding the future. The information included in this
press release in relation to Atlas has been provided by Atlas and
its management team, and forward-looking statements include
statements relating to Atlas’ management team’s expectations,
hopes, beliefs, intentions or strategies regarding the future. In
addition, any statements that refer to projections, forecasts or
other characterizations of future events or circumstances,
including any underlying assumptions, are forward-looking
statements. The words “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “intends,” “may,” “might,” “plan,”
“possible,” “potential,” “predict,” “project,” “should,” “would”
and similar expressions may identify forward-looking statements,
but the absence of these words does not mean that a statement is
not forward-looking. The forward-looking statements contained in
this press release are based on our current expectations and
beliefs concerning future developments and their potential effects
on us and are based on management’s experience and perception of
historical trends, current conditions, anticipated future
developments and other factors believed to be appropriate. There
can be no assurance that future developments affecting us will be
those that we have anticipated. These forward-looking statements
involve a number of risks, uncertainties (some of which are beyond
our control) or other assumptions that may cause actual results or
performance to be materially different from those expressed or
implied by these forward-looking statements. These risks and
uncertainties include, but are not limited to: (1) the effect,
impact, potential duration or other implications of the COVID-19
pandemic and any expectations we may have with respect thereto; (2)
the risk that our actual results may differ from the guidance we
have provided; (3) the ability to recognize the anticipated
benefits of our past acquisitions, which may be affected by, among
other things, competition, the ability of the Company to grow and
manage growth profitably, maintain relationships with customers and
suppliers and retain management and key employees; (4) changes
adversely affecting the business in which we are engaged; (5)
changes in applicable laws or regulations; (6) the possibility that
the Company may be adversely affected by other economic, business,
and/or competitive factors; and (7) other risks and uncertainties
indicated from time to time in the Company’s filings with the U.S.
Securities and Exchange Commission, including those under “Risk
Factors” therein.
Contacts:
MediaKarlene
Barron770-314-5270karlene.barron@oneatlas.com
Investor Relations Chase
Jacobson, Vallum Advisors512-851-1507ir@oneatlas.com
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