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Montrose Environmental Group Selected by US Air Force as One of Top Environmental Firms for $1.5 Billion MATOC Contract

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Montrose Environmental Group (NYSE: MEG) has been selected by the US Air Force as one of several top environmental firms for a $1.5 billion Multiple Award Task Order Contract (MATOC). The 10-year contract involves environmental restoration and planning work at Air Force installations worldwide.

In partnership with Tanaq Environmental, an Alaska Native , Montrose will work on projects addressing environmental remediation of traditional and emerging contaminants, including PFAS, along with environmental planning and support services. The company will receive a portion of the total contract value, though no financial impact is anticipated in 2025 as the Air Force has not yet initiated purchase orders. The contract is not reflected in Montrose's 2025 financial guidance provided on February 26, 2025.

Montrose Environmental Group (NYSE: MEG) è stata selezionata dall'US Air Force come una delle principali aziende ambientali per un Contratto di Ordine di Compito con Assegnazione Multipla (MATOC) del valore di 1,5 miliardi di dollari. Il contratto di 10 anni prevede lavori di ripristino ambientale e pianificazione presso le installazioni dell'Air Force in tutto il mondo.

In collaborazione con Tanaq Environmental, un'azienda nativa dell'Alaska, Montrose lavorerà su progetti che affrontano la bonifica ambientale di contaminanti tradizionali ed emergenti, compresi i PFAS, insieme a servizi di pianificazione e supporto ambientale. L'azienda riceverà una parte del valore totale del contratto, anche se non si prevede alcun impatto finanziario nel 2025 poiché l'Air Force non ha ancora avviato ordini di acquisto. Il contratto non è riflesso nelle previsioni finanziarie di Montrose per il 2025 fornite il 26 febbraio 2025.

Montrose Environmental Group (NYSE: MEG) ha sido seleccionada por la Fuerza Aérea de EE. UU. como una de varias empresas ambientales de primer nivel para un Contrato de Orden de Tarea de Asignación Múltiple (MATOC) de 1.5 mil millones de dólares. El contrato de 10 años implica trabajos de restauración ambiental y planificación en las instalaciones de la Fuerza Aérea en todo el mundo.

En asociación con Tanaq Environmental, una empresa nativa de Alaska, Montrose trabajará en proyectos que abordan la remediación ambiental de contaminantes tradicionales y emergentes, incluidos los PFAS, junto con servicios de planificación y apoyo ambiental. La empresa recibirá una parte del valor total del contrato, aunque no se anticipa ningún impacto financiero en 2025 ya que la Fuerza Aérea aún no ha iniciado órdenes de compra. El contrato no se refleja en la guía financiera de Montrose para 2025 proporcionada el 26 de febrero de 2025.

Montrose Environmental Group (NYSE: MEG)는 미국 공군에 의해 여러 주요 환경 기업 중 하나로 선정되어 15억 달러 규모의 다수 수여 작업 계약 (MATOC)을 체결했습니다. 이 10년 계약은 전 세계 공군 기지에서의 환경 복원 및 계획 작업을 포함합니다.

알래스카 원주민인 Tanaq Environmental과 협력하여 Montrose는 PFAS를 포함한 전통적 및 신흥 오염물질의 환경 복원을 다루는 프로젝트에 참여할 것입니다. 또한 환경 계획 및 지원 서비스도 제공합니다. 회사는 총 계약 금액의 일부를 받을 예정이지만, 공군이 아직 구매 주문을 시작하지 않았기 때문에 2025년에는 재정적 영향이 예상되지 않습니다. 이 계약은 2025년 2월 26일에 제공된 Montrose의 2025년 재무 지침에 반영되지 않습니다.

Montrose Environmental Group (NYSE: MEG) a été sélectionnée par l'US Air Force comme l'une des plusieurs entreprises environnementales de premier plan pour un Contrat d'Ordre de Tâche à Attribution Multiple (MATOC) d'une valeur de 1,5 milliard de dollars. Le contrat de 10 ans implique des travaux de restauration environnementale et de planification sur les installations de l'Air Force dans le monde entier.

En partenariat avec Tanaq Environmental, une entreprise autochtone de l'Alaska, Montrose travaillera sur des projets traitant de la remédiation environnementale de contaminants traditionnels et émergents, y compris les PFAS, ainsi que des services de planification et de soutien environnemental. L'entreprise recevra une partie de la valeur totale du contrat, bien qu'aucun impact financier ne soit prévu en 2025, car l'Air Force n'a pas encore lancé de commandes d'achat. Le contrat n'est pas reflété dans les prévisions financières de Montrose pour 2025 fournies le 26 février 2025.

Montrose Environmental Group (NYSE: MEG) wurde von der US Air Force als eines von mehreren führenden Umweltunternehmen für einen 1,5-Milliarden-Dollar-Vertrag über mehrere Aufträge (MATOC) ausgewählt. Der 10-Jahres-Vertrag umfasst Arbeiten zur Umweltrestaurierung und -planung an Luftwaffenstandorten weltweit.

In Zusammenarbeit mit Tanaq Environmental, einem Unternehmen der Alaska-Native, wird Montrose an Projekten arbeiten, die sich mit der Umweltremedierung traditioneller und aufkommender Schadstoffe, einschließlich PFAS, befassen, sowie mit Umweltplanung und Unterstützungsdiensten. Das Unternehmen wird einen Teil des Gesamtvertragswerts erhalten, obwohl für 2025 keine finanziellen Auswirkungen zu erwarten sind, da die Luftwaffe noch keine Bestellungen aufgegeben hat. Der Vertrag wird nicht in den finanziellen Prognosen von Montrose für 2025 berücksichtigt, die am 26. Februar 2025 veröffentlicht wurden.

Positive
  • Secured position in $1.5B US Air Force MATOC contract
  • 10-year contract duration provides long-term revenue potential
  • Partnership with disadvantaged business enhances federal contract opportunities
Negative
  • No immediate revenue impact in 2025
  • Contract value split among multiple firms
  • Actual revenue dependent on future purchase orders

Insights

Montrose Environmental Group (NYSE: MEG) has secured a position in the US Air Force's $1.5 billion Multiple Award Task Order Contract (MATOC), a significant development for this environmental solutions provider. The 10-year contract positions Montrose to deliver environmental remediation and planning services at Air Force installations globally, particularly focusing on traditional and emerging contaminants like PFAS.

This contract represents a substantial government revenue opportunity, though investors should note several key qualifiers: Montrose is one of multiple firms selected, will receive only a portion of the total contract value, and doesn't anticipate financial impact in 2025. The company has explicitly stated this award is not reflected in its recently provided 2025 financial guidance.

From a strategic perspective, this MATOC award strengthens Montrose's position in the federal environmental services sector, particularly in military installation work. The partnership with Tanaq Environmental (an Alaska Native and small, disadvantaged business) demonstrates Montrose's effective use of strategic alliances to secure government contracts that often have set-asides for disadvantaged businesses.

The contract's focus on PFAS remediation aligns perfectly with Montrose's expertise in emerging contaminants, positioning the company to capitalize on increasing regulatory pressure and funding for addressing these persistent environmental hazards across military installations nationwide.

This MATOC award represents a carefully structured government procurement vehicle that requires deeper understanding beyond the headline $1.5 billion figure. As one of several awardees, Montrose has essentially secured a seat at the table to compete for individual task orders over the next decade, but the contract guarantees no minimum amount of work.

The partnership with Tanaq Environmental is particularly strategic as it addresses the Small Business Administration's requirements for disadvantaged business participation in federal contracts. This partnership structure likely enhanced Montrose's competitive position during the selection process while allowing them to meet socioeconomic contracting goals required by the federal government.

The 10-year duration provides a important long-term channel for pursuing Air Force environmental projects without requiring repeated competitive bid processes. However, investors should recognize that MATOCs typically feature ongoing competition among pre-qualified vendors for each task order, meaning Montrose will still need to compete against other selected firms for individual projects.

The contract's structure also explains why Montrose hasn't included it in financial guidance—revenue recognition will depend entirely on successful task order awards and subsequent project execution, creating a "success-based" revenue opportunity rather than guaranteed income. The multi-year timeframe and uncertainties around task order timing make financial forecasting particularly challenging for these types of government vehicle contracts.

Montrose to support environmental restoration and planning work at Air Force installations worldwide over the next 10 years

LITTLE ROCK, Ark., March 3, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE: MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us. The company has been selected as one of the top environmental firms by the United States Air Force for the Multiple Award Task Order Contract (MATOC). Under this contract, Montrose, in partnership with Tanaq Environmental—an Alaska Native Corporation and small, disadvantaged business—will work on various projects at Air Force installations worldwide over the next decade. The $1.5 billion MATOC contract includes projects that address environmental remediation of traditional and emerging contaminants, such as PFAS, and environmental planning and support services.

"We are honored to be selected by the United States Air Force to help safeguard the environment that supports those who protect us," said Vijay Manthripragada, President and CEO of Montrose Environmental Solutions, Inc. "Our deep expertise combined with industry-leading innovations deliver real-world impact and help us tackle some of the world's most pressing environmental challenges."

Several firms, including Montrose, were selected for the contract with Montrose expected to receive a portion of the total $1.5 billion contract value. Since the Air Force has not yet initiated purchase orders, no financial impact is anticipated in 2025, and the contract is not reflected in Montrose's 2025 financial guidance provided on February 26, 2025.

Montrose Environmental Group is a leader in environmental solutions, delivering advanced, science-driven approaches to solve complex challenges, including emerging contaminants treatment, waste management, emissions, risk mitigation and regulatory demands. With a strong portfolio of patented technologies and ongoing research and development, we provide best-in-class remediation, testing, and compliance solutions that help industries and governments proactively address environmental risks. Our expertise spans the public sector, including projects with the Environmental Protection Agency (EPA), the Department of Defense, and state environmental agencies, reinforcing our trusted partnership in safeguarding public health.

Montrose is committed to enabling economic progress while advancing environmental stewardship. We deliver scalable, cost-effective solutions that protect communities, ensure regulatory compliance, and drive sustainable outcomes. Learn more about our solutions for the Federal sector.

About Montrose

Montrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today and prepare for what's coming tomorrow. With ~3,400 employees across 100+ locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling Montrose to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit www.montrose-env.com. Follow us on LinkedIn.

Forward–Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as "intend," "expect", and "may", and other similar expressions that predict or indicate future events or that are not statements of historical matters. Forward-looking statements are based on current information available at the time the statements are made and on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.

Contacts
Investor Relations
Adrianne Griffin
(949) 988-3383
ir@montrose-env.com

Media Relations
Tammy Hovey
(917) 520-2751
pr@montrose-env.com 

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SOURCE Montrose Environmental Group, Inc.

FAQ

What is the value and duration of MEG's new Air Force MATOC contract?

The MATOC contract is valued at $1.5 billion and spans 10 years, with Montrose receiving a portion of the total value.

When will MEG start generating revenue from the Air Force MATOC contract?

No revenue is expected in 2025 as the Air Force has not yet initiated purchase orders.

What types of environmental services will MEG provide under the Air Force contract?

MEG will provide environmental remediation of traditional and emerging contaminants (including PFAS), environmental planning, and support services.

Who is MEG partnering with for the Air Force MATOC contract?

MEG is partnering with Tanaq Environmental, an Alaska Native and small, disadvantaged business.

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