Material agreementCompany-reported
What was reported
Centrus Signs Contract with Department of Energy for $900 Million Award; Intends to Transition HALEU Production Cascade to Commercial Operation July 1, 2026 Total Enrichment Contract Valued at over $1 Billion, Including All Options Completes Production of Additional 900 Kilograms of HALEU UF6 Ahead of Schedule Prior Contract Extended for Three Months Ahead of Transition BETHESDA, Md., July 1, 2026 /PRNewswire/ -- Centrus Energy (NYSE: LEU) today announced that it has signed a contract to finalize the terms of the competitively-awarded, $900 million task order it received from the U.S. Department of Energy earlier this year.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Jul 2, 2026 · Open the source ↗
What the evidence supports
Centrus Energy told the SEC (Form 8-K, Item 1.01) that it signed an agreement it considers material. The filing gives Jun 30, 2026 as the date of the earliest event reported. The company also furnished a press release, which is its own account rather than a regulatory statement.
What remains unknown
Whether the agreement produces revenue, when, or on what terms beyond those disclosed. Figures and claims are the company's own description and have not been independently verified.
Figures as stated
Numbers exactly as written in the source. We don’t annualise, convert or add them up.
| Figure | In context |
|---|---|
| $900 million | “Centrus Signs Contract with Department of Energy for $900 Million Award; Intends to Transition HALEU Production Cascade to Commercial Operation July 1, 2026 Total Enrichment Contract Valued at over $1 Billion, Including All Options Completes Production of Additional 900 Kilograms of HALEU UF6 Ahead of Schedule Prior Contract Extended for Three Months Ahead of Transition BETHESDA, Md., July 1, 2026 /PRNewswire/ -- Centrus Energy (NYSE: LEU) today announced that it has signed a contract to finalize the terms of the competitively-awarded, $900 million task order it received from the U.S. Department of Energy earlier this year.” Mentions: contract, order, award |
| $15 million | “While Centrus and the Department have signed a three-month, $15 million extension for HALEU storage, Centrus has now completed all HALEU production called for under the existing demonstration contract.” Mentions: contract |
| $170 million | “It also includes options, at the Department's discretion, for up to $170 million in HALEU purchases for Departmental missions, the total contract value with all options included is $1.07 billion.” Mentions: contract |
| $1.07 billion | “It also includes options, at the Department's discretion, for up to $170 million in HALEU purchases for Departmental missions, the total contract value with all options included is $1.07 billion.” Mentions: contract |
| $2.4 billion | “The initial build-out will include 12 metric tons of annual HALEU production capacity as well as capacity to meet Centrus existing LEU backlog of $2.4 billion.” Mentions: backlog |
Source passages
Exact excerpts from the source, with links. Quotes are checked character for character against our stored copy.
Press release lead paragraphCentrus Signs Contract with Department of Energy for $900 Million Award; Intends to Transition HALEU Production Cascade to Commercial Operation July 1, 2026 Total Enrichment Contract Valued at over $1 Billion, Including All Options Completes Production of Additional 900 Kilograms of HALEU UF6 Ahead of Schedule Prior Contract Extended for Three Months Ahead of Transition BETHESDA, Md., July 1, 2026 /PRNewswire/ -- Centrus Energy (NYSE: LEU) today announced that it has signed a contract to finalize the terms of the competitively-awarded, $900 million task order it received from the U.S. Department of Energy earlier this year.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Jul 2, 2026 · Open the source ↗
Amount stated in press releaseCentrus Signs Contract with Department of Energy for $900 Million Award; Intends to Transition HALEU Production Cascade to Commercial Operation July 1, 2026 Total Enrichment Contract Valued at over $1 Billion, Including All Options Completes Production of Additional 900 Kilograms of HALEU UF6 Ahead of Schedule Prior Contract Extended for Three Months Ahead of Transition BETHESDA, Md., July 1, 2026 /PRNewswire/ -- Centrus Energy (NYSE: LEU) today announced that it has signed a contract to finalize the terms of the competitively-awarded, $900 million task order it received from the U.S. Department of Energy earlier this year.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Jul 2, 2026 · Open the source ↗
Amount stated in press releaseWhile Centrus and the Department have signed a three-month, $15 million extension for HALEU storage, Centrus has now completed all HALEU production called for under the existing demonstration contract.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Jul 2, 2026 · Open the source ↗
Amount stated in press releaseIt also includes options, at the Department's discretion, for up to $170 million in HALEU purchases for Departmental missions, the total contract value with all options included is $1.07 billion.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Jul 2, 2026 · Open the source ↗
Amount stated in press releaseThe initial build-out will include 12 metric tons of annual HALEU production capacity as well as capacity to meet Centrus existing LEU backlog of $2.4 billion.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Jul 2, 2026 · Open the source ↗
Revision history
- Revision 1 · Nov 11, 2026, 21:09 UTC
Centrus Energy reports entry into a material definitive agreement (Form 8-K, Item 1.01)
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