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Perma-Fix Awarded $24 Million Contract for Demolition and Disposal Project at Lawrence Livermore National Laboratory
Two-year master task agreement expands Perma-Fix’s nuclear services project portfolio and reinforces its long-standing relationship supporting work at LLNL
About this update from Perma-fix Environmental Services, Inc.
[{"type":"text","content":"Two-year master task agreement expands Perma-Fix’s nuclear services project portfolio and reinforces its long-standing relationship supporting work at LLNL\nATLANTA, March 26, 2026 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced it has been awarded a two-year master task agreement valued at approximately $24 million by Lawrence Livermore National Security, LLC (“LLNS”) for demolition and disposal at Lawrence Livermore National Laboratory (“LLNL”) in Livermore, California. Under the agreement, Perma-Fix will provide demolition, excavation, and waste management services to support the safe disposition of these facilities as part of site efforts aligned with LLNL’s national security mission. The project is expected to draw on Perma-Fix’s technical expertise in complex radiological and hazardous waste handling, facility decontamination, and nuclear waste management. Perma-Fix will execute the project in partnership with three local subcontractors and will focus on safely advancing demolition and disposal work while minimizing impacts to surrounding operations and site activities. The Company expects its approach will support LLNS’ performance objectives through disciplined project execution, risk management, and close coordination with site stakeholders. Mark Duff, President and Chief Executive Officer of Perma-Fix, commented, “Perma-Fix’s long-standing relationship with LLNS, including more than a dozen successful related projects performed at LLNL, has enabled our team to develop a strong understanding of site-specific risks, processes, communication protocols, and operational priorities. We are pleased that LLNS has entrusted Perma-Fix and our project partners with this important assignment, which reflects our strengths in technical execution, safe project delivery, and disciplined support of critical government missions.” About Perma-Fix Environmental Services Perma-Fix Environmental Services, Inc. is a nuclear services company and leading provider of nuclear and mixed waste management services. The Company's nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the U.S. Department of Energy (“DOE”), the U.S. Department of War (“DOW”), and the commercial nuclear ind...