STOCK TITAN

Tetra Tech Awarded $249 Million U.S. Army Corps of Engineers A-E Services Multiple-Award Contract

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

Tetra Tech (NASDAQ: TTEK) has secured a significant $249 million multiple-award contract from the U.S. Army Corps of Engineers (USACE), Mobile District. The 5-year agreement focuses on providing comprehensive planning and environmental services for military installations worldwide.

Under this contract, Tetra Tech will deliver technical services supporting major environmental initiatives including NEPA compliance, PFAS assessments, and master planning. The company's scientists and engineers will conduct various analyses including biological, chemical, ecological, and archaeological assessments, along with preparing management plans for natural resources and endangered species.

The scope may extend to ecosystem restoration, flood risk management, navigation, water supply, and hurricane damage reduction. This award builds upon Tetra Tech's 30-year relationship with the USACE Mobile District.

Tetra Tech (NASDAQ: TTEK) ha ottenuto un significativo contratto multiplo del valore di 249 milioni di dollari dal Corpo degli Ingegneri dell'Esercito degli Stati Uniti (USACE), Distretto di Mobile. L'accordo di 5 anni si concentra sulla fornitura di servizi di pianificazione e ambientali completi per le installazioni militari in tutto il mondo.

In base a questo contratto, Tetra Tech fornirà servizi tecnici a supporto di importanti iniziative ambientali, tra cui conformità NEPA, valutazioni PFAS e pianificazione generale. Gli scienziati e gli ingegneri dell'azienda condurranno varie analisi, tra cui valutazioni biologiche, chimiche, ecologiche e archeologiche, oltre a preparare piani di gestione per le risorse naturali e le specie in pericolo.

Il campo di applicazione potrebbe estendersi a restauro degli ecosistemi, gestione del rischio di alluvioni, navigazione, approvvigionamento idrico e riduzione dei danni causati dagli uragani. Questo riconoscimento si basa sulla relazione trentennale di Tetra Tech con il Distretto di Mobile dell'USACE.

Tetra Tech (NASDAQ: TTEK) ha asegurado un contrato múltiple de $249 millones del Cuerpo de Ingenieros del Ejército de los EE. UU. (USACE), Distrito de Mobile. El acuerdo de 5 años se centra en proporcionar servicios integrales de planificación y medio ambiente para instalaciones militares en todo el mundo.

Bajo este contrato, Tetra Tech ofrecerá servicios técnicos que apoyan iniciativas ambientales importantes, incluyendo cumplimiento de NEPA, evaluaciones de PFAS y planificación maestra. Los científicos e ingenieros de la empresa realizarán varios análisis, incluyendo evaluaciones biológicas, químicas, ecológicas y arqueológicas, además de preparar planes de gestión para recursos naturales y especies en peligro.

El alcance puede extenderse a restauración de ecosistemas, gestión del riesgo de inundaciones, navegación, suministro de agua y reducción de daños por huracanes. Este premio se basa en la relación de Tetra Tech con el Distrito de Mobile del USACE durante 30 años.

Tetra Tech (NASDAQ: TTEK)는 미국 육군 공병대(USACE) 모바일 지구로부터 2억 4,900만 달러 규모의 다수 계약을 체결했습니다. 이 5년 계약은 전 세계 군사 시설을 위한 포괄적인 계획 및 환경 서비스를 제공하는 데 중점을 두고 있습니다.

이 계약에 따라 Tetra Tech는 NEPA 준수, PFAS 평가 및 마스터 플래닝을 포함한 주요 환경 이니셔티브를 지원하는 기술 서비스를 제공합니다. 회사의 과학자와 엔지니어는 생물학적, 화학적, 생태학적 및 고고학적 평가를 포함한 다양한 분석을 수행하고, 자연 자원 및 멸종 위기 종을 위한 관리 계획을 준비할 것입니다.

범위는 생태계 복원, 홍수 위험 관리, 항해, 수자원 및 허리케인 피해 감소로 확장될 수 있습니다. 이 계약은 Tetra Tech와 USACE 모바일 지구 간의 30년 관계를 기반으로 하고 있습니다.

Tetra Tech (NASDAQ: TTEK) a obtenu un contrat multiple de 249 millions de dollars auprès du Corps des ingénieurs de l'armée des États-Unis (USACE), District de Mobile. Cet accord de 5 ans se concentre sur la fourniture de services de planification et environnementaux complets pour les installations militaires dans le monde entier.

Dans le cadre de ce contrat, Tetra Tech fournira des services techniques soutenant des initiatives environnementales majeures, y compris la conformité NEPA, les évaluations PFAS et la planification générale. Les scientifiques et ingénieurs de l'entreprise réaliseront diverses analyses, y compris des évaluations biologiques, chimiques, écologiques et archéologiques, ainsi que la préparation de plans de gestion pour les ressources naturelles et les espèces menacées.

Le champ d'application peut s'étendre à la restauration des écosystèmes, la gestion des risques d'inondation, la navigation, l'approvisionnement en eau et la réduction des dommages causés par les ouragans. Cette attribution s'appuie sur la relation de 30 ans de Tetra Tech avec le District de Mobile de l'USACE.

Tetra Tech (NASDAQ: TTEK) hat einen bedeutenden Vertrag über 249 Millionen Dollar vom U.S. Army Corps of Engineers (USACE), Mobile District, gesichert. Die 5-jährige Vereinbarung konzentriert sich auf die Bereitstellung umfassender Planungs- und Umweltdienstleistungen für militärische Einrichtungen weltweit.

Im Rahmen dieses Vertrags wird Tetra Tech technische Dienstleistungen zur Unterstützung wichtiger Umweltinitiativen erbringen, einschließlich NEPA-Konformität, PFAS-Bewertungen und Masterplanung. Die Wissenschaftler und Ingenieure des Unternehmens werden verschiedene Analysen durchführen, darunter biologische, chemische, ökologische und archäologische Bewertungen, sowie Managementpläne für natürliche Ressourcen und gefährdete Arten erstellen.

Der Umfang kann sich auf Ökosystemrestaurierung, Hochwasserrisikomanagement, Navigation, Wasserversorgung und Hurrikanschadenreduzierung erstrecken. Diese Auszeichnung baut auf der 30-jährigen Beziehung von Tetra Tech zum USACE Mobile District auf.

Positive
  • Secured substantial $249 million multiple-award contract
  • 5-year contract duration provides stable revenue stream
  • Expands long-term relationship with key government client
  • Diverse scope of services offers multiple revenue opportunities
Negative
  • Multiple-award contract structure implies competition with other vendors

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 U.S. Army Corps of Engineers (USACE), Mobile District, awarded the Company a $249 million multiple-award contract to provide comprehensive planning and environmental services.

Under the 5-year contract Tetra Tech will provide technical services to support major environmental initiatives including NEPA compliance, per- and polyfluoroalkyl substances (PFAS) assessments, and master planning for military installations and facilities around the world.

Tetra Tech’s scientists and engineers will conduct scientific analyses and assessments of biological, chemical, ecological, and archaeological resources; prepare management plans related to natural resources and endangered species; and conduct feasibility studies related to habitat evaluation, wetland delineation, and environmental baseline surveys. Additional scope areas may include ecosystem restoration, flood risk management, shallow and deep draft navigation, water supply, and hurricane and storm damage reduction.

“Tetra Tech has been supporting the USACE Mobile District for 30 years,” said Dan Batrack, Tetra Tech Chairman and CEO. “We look forward to using our Leading with Science® approach to support the USACE in developing innovative solutions to manage its installations and facilities worldwide.”

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 30,000 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 and duration of Tetra Tech's (TTEK) new USACE contract?

Tetra Tech secured a $249 million multiple-award contract with a 5-year duration from the U.S. Army Corps of Engineers Mobile District.

What environmental services will Tetra Tech (TTEK) provide under the USACE contract?

Tetra Tech will provide NEPA compliance, PFAS assessments, master planning, biological and chemical analyses, and natural resource management services.

How long has Tetra Tech (TTEK) been working with the USACE Mobile District?

Tetra Tech has been supporting the USACE Mobile District for 30 years.

What additional scope areas are included in Tetra Tech's (TTEK) USACE contract?

Additional scope areas include ecosystem restoration, flood risk management, navigation, water supply, and hurricane and storm damage reduction.
Tetra Tech

NASDAQ:TTEK

TTEK Rankings

TTEK Latest News

TTEK Stock Data

7.75B
266.43M
0.44%
94.53%
3.08%
Engineering & Construction
Services-engineering Services
Link
United States
PASADENA