Tetra Tech Awarded $200 Million Navy CLEAN Contract
PASADENA, Calif. -- Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has been awarded a$200 million, single-award contract by Naval Facilities Engineering Command (NAVFAC) Atlantic. Through the Comprehensive Long-term Environmental Action Navy (CLEAN) contract, Tetra Tech will provide environmental engineering support services to installations within the NAVFAC Atlantic Area of Responsibility. The geographic focus is primarily in the northeastern and southeasternUnited States. The contract award period is one year with four additional option years.
Under this contract, Tetra Tech will provide environmental engineering support services for the Navy’s Environmental Restoration Program, including the Installation Restoration Program, the Munitions Response Program, and for Petroleum, Oils, and Lubricants sites. Tetra Tech will perform assessments, investigations, and remedial designs for these programs and other environmental programs including air, water, waste water, and solid waste, asbestos and hazardous substance/waste management. Tetra Tech will also supportNavyandMarine Corps Base Realignmentand Closure efforts.
“Tetra Tech has been supporting NAVFAC Atlantic's environmental restoration mission since 1982,” saidDan Batrack, Tetra Tech's Chairman and CEO. “We are pleased to have been selected for this important contract and Tetra Tech is committed to providing theNavywith the latest tools and technologies and outstanding customer service.”
About Tetra Tech
Tetra Tech is a leading provider of consulting and engineering services. For 50 years, the Company has supported commercial and government clients focused on water, environment, infrastructure, resource management, energy, and international development. With 16,000 staff worldwide, Tetra Tech provides clear solutions to complex problems. For more information about Tetra Tech, please visit tetratech.com, follow us on Twitter (@TetraTech), or like us on 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 10-Q filings with theSecurities and Exchange Commission.