2Sem.·

Tetra Tech secures global USAID contract worth 5 billion US dollars. $TTEK (+0,89 %)


PASADENA - Tetra Tech, Inc. (NASDAQ:TTEK), a leading consulting and engineering firm, has been awarded a major contract valued at $5 billion by the U.S. Agency for International Development (USAID). The contract is aimed at supporting democracy initiatives worldwide. Under the 10-year framework contract (IDIQ), Tetra Tech will support USAID's Office of Transition Initiatives in improving governance and resilience in developing countries.


The company's tasks include strengthening local participation, revitalizing critical infrastructure, and improving the resilience and accessibility of key public services, including drinking water. These efforts build on Tetra Tech's four decades of experience supporting USAID in strengthening local governance systems.


Dan Batrack, Chairman and CEO of Tetra Tech, emphasized the company's commitment: "We are pleased to continue supporting USAID in its mission to promote robust democracies around the world." The contract is part of a broader initiative to address governance challenges with evidence-based methods.


Tetra Tech, known for its "Leading with Science®" approach, specializes in solving complex problems in the areas of water, environment and sustainable infrastructure. With a workforce of 28,000 employees, the company provides science-based solutions for a wide range of global projects.


https://de.investing.com/news/company-news/tetra-tech-sichert-sich-globalen-usaidvertrag-im-wert-von-5-milliarden-usdollar-93CH-2753646

attachment
15
10 Commentaires

image de profil
They have somehow run away from me over the last few months 😅 I actually wanted to build up a position but my limit orders were narrowly missed at the time
3
Afficher la réponse
image de profil
Wanted to get in since €41.50 🫣 ...think it's a future investment, but under Trump I'm not so sure anymore, hence my hesitation 🤷‍♂️
1
Voir toutes les 4 autres réponses
I'm running away from $TTEK and $HLI. Even if it hurts, I can wait, I don't want to buy them because of the current trend, but because they are companies that are well positioned for the long term and where I still see a lot of growth potential.

However, your news about Tetra Tech @Tenbagger2024 makes it difficult to just be on the sidelines. In any case, congratulations on such a good investment! 🚀🫡
Voir toutes les 2 autres réponses
Participez à la conversation