Tetra Tech Inc (NASDAQ:TTEK) has been selected by the U.S. Army Corps of Engineers (USACE), Great Lakes and Ohio River Division, for a $200 million, multiple-award contract.
TTEL will provide architectural and engineering (A-E) design services to modernize inland navigation and flood risk management infrastructure and restore aquatic ecosystems.
Also Read: Tetra Tech Pockets £60M Contract From Scottish Water For Water Utility Management
Under the five-year contract funded through the Infrastructure Investment and Jobs Act (IIJA), Tetra Tech will design and provide technical support to upgrade locks, dams, levees, hydraulic systems, waterways, and enhance ecosystems.
Price Action: TTEK shares traded higher by 1.01% at $158.30 on the last check Tuesday.
