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Tetra Tech Wins $50 Million FEMA Disaster Resilience Contract

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Tetra Tech, Inc. (NASDAQ: TTEK) has been awarded a five-year, single-award contract by FEMA, valued at up to $50 million, aimed at enhancing resilience and reducing recovery costs in disaster-affected communities. This contract is part of FEMA’s Hazard Mitigation Technical Assistance Program and involves technical support services for communities to better prepare for natural disasters such as floods, earthquakes, and wildfires across 15 midwestern states. Tetra Tech will implement innovative technologies to streamline data collection and improve recovery efficiency.

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  • Awarded a contract valued at up to $50 million by FEMA to enhance resilience in disaster-affected communities.
  • Contract supports disaster recovery efforts in 15 midwestern states, expanding Tetra Tech's market reach.
  • Utilization of innovative technologies to streamline data collection and recovery efforts, potentially improving operational efficiency.
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PASADENA, Calif.--()--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the Federal Emergency Management Agency (FEMA) awarded a Tetra Tech-led joint venture a five-year, single-award contract, valued up to $50 million, to increase resilience and reduce the costs of recovery efforts in disaster-stricken communities.

Under FEMA’s Hazard Mitigation Technical Assistance Program, Tetra Tech will help communities plan for and recover from increasingly frequent and intense natural disasters. Our team will provide essential technical support services for effective hazard mitigation programs to reduce damages due to flood, earthquake, and wildfire events and increase community resilience throughout FEMA regions 5, 6, and 7, which includes 15 midwestern states.

The Tetra Tech team will use innovative technologies to efficiently collect data, assess damaged properties, and prioritize disaster-impacted areas to enable FEMA to direct resources to support rapid recovery and increased community resilience to future events. The team’s technical specialists will streamline collection, analysis, and presentation of key findings using unmanned aerial systems, enhanced field-enabled software tools, predictive models, and customized management dashboards that will assist FEMA managers in prioritizing areas for assistance.

“Tetra Tech has supported disaster response and mitigation activities in more than 3,000 communities in some of the most hazard-prone areas of the United States,” said Dan Batrack, Tetra Tech Chairman and CEO. “Using our Leading with Science® approach, we apply emerging technologies and advanced analytics expertise to help communities recover faster from natural disasters and become more resilient.”

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 20,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, infrastructure, resource management, energy, and international development. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, 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.

Contacts

Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
(626) 470-2844

FAQ

What recent contract was awarded to Tetra Tech (TTEK) by FEMA?

Tetra Tech was awarded a five-year contract valued at up to $50 million by FEMA for disaster resilience and recovery efforts.

How will Tetra Tech support disaster recovery under the FEMA contract?

Tetra Tech will provide technical support services to help communities plan for and recover from natural disasters through data collection and innovative technologies.

Which areas will benefit from the FEMA contract awarded to Tetra Tech (TTEK)?

The contract will impact 15 midwestern states as part of FEMA’s Hazard Mitigation Technical Assistance Program.

What technologies will Tetra Tech use to assist FEMA in disaster recovery?

Tetra Tech plans to use unmanned aerial systems, enhanced software tools, predictive models, and customized management dashboards.

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