Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Agency for
International Development (USAID) awarded the Company a $20 million
contract to improve fisheries management and enhance the health and
resilience of Southeast Asia’s marine ecosystems. The region depends
heavily on marine and coastal fisheries for food and economic growth,
and fish stocks are in a state of decline. To make informed management
decisions, countries need additional data regarding fisheries, including
catch data and information on related economic, social, and
environmental pressures.
Under the five-year USAID Oceans contract, Tetra Tech will support the
development of a regional electronic Catch Documentation and
Traceability (e-CDT) system for sustainable fisheries. The e-CDT will
provide a platform to collect and analyze environmental and economic
data. Tetra Tech will train local and regional institutions to use the
e-CDT to improve fisheries using an ecosystem approach to fisheries
management.
“Tetra Tech is pleased to continue more than two decades of support to
USAID in their mission to improve fisheries management and conserve
marine resources and biodiversity in Southeast Asia,” said Dan Batrack,
Tetra Tech’s Chairman and CEO.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering, program
management and construction management services. The Company supports
commercial and government clients focused on water, environment,
infrastructure, resource management and energy. With 13,000 staff
worldwide, Tetra Tech provides clear solutions to complex problems.
Any statements made in this release that are not based on historical
fact 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 10-Q filings with the Securities and Exchange
Commission.
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