StockNews.AI
TTEK
StockNews.AI
152 days

Tetra Tech Awarded Multiple-Award Contract for Stormwater Management Services

1. Tetra Tech wins a 5-year contract for stormwater management in the UK. 2. Comprehensive services will leverage predictive models for innovative flooding solutions.

Mass Contract
-0.92%Current Return
VS
-0.17%S&P 500
$29.4203/20 09:32 AM EDTEvent Start
$29.1503/21 03:51 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

Winning a substantial contract enhances TTEK’s revenue outlook. In similar cases, contract wins have historically led to stock price appreciation.

How important is it?

The contract signifies TTEK's strategic positioning in sustainable infrastructure, enhancing overall investor confidence.

Why Long Term?

The 5-year duration of the contract suggests sustained revenue growth and market presence.

Related Companies

AQUAVEOLIASGHN
PASADENA, Calif.--(BUSINESS WIRE)-- #flooding--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that United Utilities selected Tetra Tech for a multiple-award contract to manage flooding and control stormwater overflows in the United Kingdom. Under the 5-year contract, Tetra Tech will provide comprehensive technical support services to design innovative solutions using predictive models.

Related News