TTEK - Tetra Tech Wins $38 Million Flagship Global USAID Climate Adaptation Contract
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Agency for International Development (USAID) awarded the Company a single-award contract with a $38 million ceiling, to support the expansion of strategic climate adaptation and resilience programming worldwide.
Under the five-year flagship global Climate Adaptation Support Activity (CASA), Tetra Tech will support USAID to achieve its Climate Strategy goals by designing forward-looking and inclusive adaptation and resilience programs worldwide.
Tetra Tech climate and disaster risk reduction experts will develop and apply predictive climate models that incorporate socioeconomic data to identify disaster risk reduction strategies and long-term climate change adaptation options in agriculture, water, energy, and other sectors.
“The impacts of global climate change continue to threaten the health and well-being of the world’s most vulnerable nations and communities,” said Dan Batrack, Tetra Tech Chairman and CEO. “Tetra Tech has supported USAID’s climate adaptation work in developing countries for more than 40 years. We look forward to using our Leading with Science ® approach to continue supporting USAID in their effort to accelerate climate action worldwide.”
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex water, environment, sustainable infrastructure, renewable energy, and international development problems. We are Leading with Science ® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn , Twitter , and Facebook .
Any statements made in this release that are not based on historical facts 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 Form 10-Q filings with the Securities and Exchange Commission.
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Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
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