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

1. Tetra Tech awarded a $249 million USACE contract for environmental services. 2. The 5-year contract enhances TTEK's position in sustainable infrastructure.

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FAQ

Why Bullish?

The substantial contract value indicates strong demand for TTEK's services. Historical examples show that large government contracts have positively impacted stock prices.

How important is it?

The significant contract aligns with TTEK's strategic focus on environmental and infrastructure services, likely driving stock performance.

Why Long Term?

The 5-year duration indicates sustained revenue, fostering investor confidence over a longer horizon. Similar contracts in the past have led to sustained growth in TTEK's stock.

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USACEBWAAECOM
PASADENA, Calif.--(BUSINESS WIRE)-- #USACE--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 initiati.

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