Tetra Tech is awarded an Army Corps contract worth 249 million US dollars to support environmentally friendly projects in the USA.
Tetra Tech has been awarded a $249 million contract by the US Army Corps of Engineers for environmental impact assessment and design services.
TTEK shares have gained over 58% in the past year, with a five-for-one stock split that went into effect on September 9 boosting trading activity.
The company announced that the US Army Corps of Engineers (USACE), Omaha District, has awarded a $249 million multiple award contract to provide environmental assessment and design services for facilities and sites throughout the United States.
Under this 7-year contract, Tetra Tech's scientists, engineers and technical specialists will provide a range of comprehensive environmental services.
These include the development of water resource management plans, ecosystem assessment and protection, and the design of sustainable building elements to improve water and energy efficiency.
"Tetra Tech has been helping the USACE restore and protect the environmental resources of its facilities for more than 40 years," said Dan Batrack, chairman and CEO of Tetra Tech.
