TTEK - Tetra Tech bags $200M contract from U.S. Army Corps of Engineers for A-E design services
2023-06-13 10:54:11 ET
Tetra Tech ( NASDAQ: TTEK ) has received a $200 million contract from the U.S. Army Corps of Engineers (USACE), Great Lakes and Ohio River Division, the company said Tuesday.
As per contract terms, the company will provide architectural and engineering design services to modernize inland navigation and flood risk management infrastructure and restore aquatic ecosystems.
Tetra Tech said it will design and provide technical support to upgrade locks, dams, levees, hydraulic systems, waterways, among other things.
The five-year contract will be funded through the Infrastructure Investment and Jobs Act.
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Tetra Tech bags $200M contract from U.S. Army Corps of Engineers for A-E design services