Perma-Fix Environmental Services (PESI) rises 18.60% intraday after award of $4.367B Hanford contract

ByAinvest Wire

Wednesday, Aug 12, 2026 10:01 am ET1min read

Perma-Fix Environmental Services (PESI) shares rose approximately 18.60% in intraday trading on August 12, 2026, following the announcement that the company was awarded a Master IDIQ Subcontract by Hanford Tank Waste Operations & Closure, LLC (H2C). The contract, effective August 11, 2026, has a maximum cumulative ceiling value of $4.367 billion for the treatment and disposal of low-level waste at the Hanford Site in Washington.

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Perma-Fix Environmental Services (PESI) rises 18.60% intraday after award of $4.367B Hanford contract

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