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U.S. Army Corps of Engineers Selects Tetra Tech for $248 Million Multiple-Award A-E Design Contract

1. Tetra Tech awarded a $248 million contract by USACE for A-E services. 2. The contract spans five years, enhancing TTEK's position in sustainable infrastructure.

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Why Bullish?

The substantial contract boosts revenue prospects and demonstrates government confidence in TTEK. Historical contracts have led to price increases, indicating investor optimism.

How important is it?

The contract significantly enhances TTEK's backlog and future earnings potential. Such government contracts usually lead to sustained growth and provide a competitive edge.

Why Long Term?

This five-year contract provides recurring revenue, positively impacting financial stability and strategic growth over time. Similar past projects have fostered long-term growth for TTEK.

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HIICDKWAT
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), Europe District selected Tetra Tech for a $248 million, multiple-award contract to provide architect-engineer (A-E) services for U.S. military installations in the EUCOM area of responsibility. Under the five-year contract, Tetra Tech engineers a.

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