STOCK TITAN

Defense Logistics Agency Selects Tetra Tech for Its $12 Billion Enterprise Technology Services Multiple-Award Contract

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Tetra Tech (NASDAQ: TTEK) has been selected by the Defense Logistics Agency (DLA) for its $12 billion JETS 2.0 multiple-award contract. Under this indefinite delivery indefinite quantity contract, Tetra Tech will provide critical services including cybersecurity, operational technology, enterprise resource planning modernization, and supply chain optimization. The company's software engineers will develop applications to support DLA's global infrastructure. Through its Amyx operations, which has been a DLA partner for over 25 years, Tetra Tech will continue delivering Infrastructure Technology solutions.

Tetra Tech (NASDAQ: TTEK) è stata selezionata dalla Defense Logistics Agency (DLA) per il suo contratto multi-affidamento JETS 2.0 dal valore di 12 miliardi di dollari. Nell'ambito di questo contratto a consegna indefinita e quantità indefinita, Tetra Tech fornirà servizi critici tra cui sicurezza informatica, tecnologia operativa, modernizzazione della pianificazione delle risorse aziendali e ottimizzazione della catena di approvvigionamento. Gli ingegneri del software dell'azienda svilupperanno applicazioni per supportare l'infrastruttura globale della DLA. Attraverso le sue operazioni Amyx, che è partner della DLA da oltre 25 anni, Tetra Tech continuerà a fornire soluzioni per la Tecnologia delle Infrastrutture.

Tetra Tech (NASDAQ: TTEK) ha sido seleccionada por la Defense Logistics Agency (DLA) para su contrato JETS 2.0 de múltiples adjudicaciones por un valor de 12 mil millones de dólares. En virtud de este contrato de entrega indefinida y cantidad indefinida, Tetra Tech proporcionará servicios críticos, incluyendo ciberseguridad, tecnología operacional, modernización de la planificación de recursos empresariales y optimización de la cadena de suministro. Los ingenieros de software de la empresa desarrollarán aplicaciones para apoyar la infraestructura global de la DLA. A través de sus operaciones Amyx, que han sido socio de la DLA durante más de 25 años, Tetra Tech continuará ofreciendo soluciones de tecnología de infraestructura.

Tetra Tech (NASDAQ: TTEK)Defense Logistics Agency (DLA)에 의해 120억 달러 규모의 다수 수상 계약인 JETS 2.0의 수혜자로 선정되었습니다. 이 무기한 납품 무제한 수량 계약 하에 Tetra Tech는 사이버 보안, 운영 기술, 기업 자원 계획 현대화 및 공급망 최적화를 포함한 중요한 서비스를 제공할 것입니다. 회사의 소프트웨어 엔지니어들은 DLA의 글로벌 인프라를 지원하는 애플리케이션을 개발할 것입니다. 25년 이상 DLA의 파트너인 Amyx의 운영을 통해 Tetra Tech는 인프라 기술 솔루션을 지속적으로 제공할 것입니다.

Tetra Tech (NASDAQ: TTEK) a été sélectionnée par la Defense Logistics Agency (DLA) pour son contrat à multiples attributions JETS 2.0 d'une valeur de 12 milliards de dollars. Dans le cadre de ce contrat à livraison indéfinie et de quantité indéfinie, Tetra Tech fournira des services critiques, y compris la cybersécurité, la technologie opérationnelle, la modernisation de la planification des ressources de l'entreprise et l'optimisation de la chaîne d'approvisionnement. Les ingénieurs logiciels de l'entreprise développeront des applications pour soutenir l'infrastructure mondiale de la DLA. Grâce à ses opérations Amyx, qui sont partenaires de la DLA depuis plus de 25 ans, Tetra Tech continuera de fournir des solutions pour les technologies d'infrastructure.

Tetra Tech (NASDAQ: TTEK) wurde von der Defense Logistics Agency (DLA) für ihren Multi-Award-Vertrag JETS 2.0 im Wert von 12 Milliarden US-Dollar ausgewählt. Im Rahmen dieses unbefristeten Liefer- und Mengenvertrags wird Tetra Tech kritische Dienstleistungen anbieten, darunter Cyber-Sicherheit, operationale Technologie, Modernisierung der Unternehmensressourcenplanung und Optimierung der Lieferkette. Die Software-Ingenieure des Unternehmens werden Anwendungen entwickeln, um die globale Infrastruktur der DLA zu unterstützen. Über ihre Amyx-Betriebe, die seit über 25 Jahren Partner der DLA sind, wird Tetra Tech weiterhin Lösungen für Infrastrukturtechnologien bereitstellen.

Positive
  • Secured position on a $12 billion multiple-award contract with DLA
  • 25-year established relationship with DLA through Amyx operations
  • Expansion into critical defense infrastructure services
Negative
  • None.

Insights

This $12 billion JETS 2.0 contract win represents a significant strategic victory for Tetra Tech, building upon their 25-year relationship with the Defense Logistics Agency. The IDIQ (Indefinite Delivery Indefinite Quantity) structure means the contract value represents the maximum potential, not guaranteed revenue. However, Tetra Tech's strong incumbency through Amyx positions them favorably to capture a substantial portion of task orders.

The scope encompasses critical defense infrastructure modernization, including cybersecurity and supply chain optimization - areas seeing increased defense spending amid global security concerns. This contract provides long-term revenue visibility and strengthens Tetra Tech's position in the high-margin federal technology services sector. The win also validates their acquisition strategy, as Amyx's capabilities were important in securing this opportunity.

The contract's technical requirements align perfectly with emerging federal IT priorities - particularly in cybersecurity and supply chain resilience. The inclusion of enterprise resource planning (ERP) modernization and operational technology suggests comprehensive digital transformation initiatives that typically command premium billing rates and generate higher margins than traditional consulting work.

The development of adaptive infrastructure solutions positions Tetra Tech to expand its software services footprint through Tetra Tech Delta. This diversification beyond their traditional environmental and infrastructure consulting is strategically important, as federal technology services typically offer more stable, long-term revenue streams and higher profit margins compared to project-based environmental consulting.

PASADENA, Calif.--(BUSINESS WIRE)-- Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the Defense Logistics Agency (DLA) selected Tetra Tech, including its Amyx operations, for its $12 billion J6 Enterprise Technology Services (JETS) 2.0 multiple-award contract.

Under the JETS 2.0 indefinite delivery indefinite quantity contract, Tetra Tech will support many of DLA’s most critical requirements including cybersecurity, operational technology, enterprise resource planning modernization, and supply chain optimization. Tetra Tech’s software engineers and technical specialists also will develop applications and provide related services that drive an adaptive and resilient global infrastructure.

Dan Batrack, Tetra Tech Chairman and CEO said, “Our Amyx operations has been a trusted partner of the DLA for more than 25 years. With Tetra Tech’s expanded capabilities and our Tetra Tech Delta software services, we look forward to continuing this tradition of excellence, delivering innovative Infrastructure Technology solutions to support DLA’s mission.”

About Tetra Tech

Tetra Tech is the leader in water, environment and sustainable infrastructure, providing high-end consulting and engineering services for projects worldwide. With 28,000 employees working together, Tetra Tech provides clear solutions to complex problems by Leading with Science® to address the entire water cycle, protect and restore the environment, design sustainable and resilient infrastructure, and support the clean energy transition. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn and Facebook.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.

Jim Wu, Investor Relations

Charlie MacPherson, Media & Public Relations

(626) 470-2844

Source: Tetra Tech, Inc.

FAQ

What is the value of the DLA JETS 2.0 contract awarded to Tetra Tech (TTEK)?

The Defense Logistics Agency JETS 2.0 contract awarded to Tetra Tech is valued at $12 billion.

What services will Tetra Tech (TTEK) provide under the DLA JETS 2.0 contract?

Tetra Tech will provide cybersecurity, operational technology, enterprise resource planning modernization, supply chain optimization, and application development services.

How long has Tetra Tech's Amyx operations been partnering with DLA?

Tetra Tech's Amyx operations has been a trusted partner of the Defense Logistics Agency for more than 25 years.

Tetra Tech Inc

NASDAQ:TTEK

TTEK Rankings

TTEK Latest News

TTEK Stock Data

10.71B
266.29M
0.38%
96.02%
1.46%
Engineering & Construction
Services-engineering Services
Link
United States of America
PASADENA