Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Department of Defense (DoD) has awarded the Company a $300 million, multiple-award contract to provide assessment, monitoring, and evaluation services to support the DoD objective of strengthening alliances with key strategic partners across the globe through security cooperation.
DoD awarded Tetra Tech the initial $117 million task order to provide advanced analytics to identify performance indicators to measure progress and provide frameworks to facilitate security cooperation. Working with the Office of the Secretary of Defense for Policy and the Defense Security Cooperation Agency, Tetra Tech will use innovative techniques to acquire data and deploy advanced analytics to provide in-depth evaluation of the effectiveness and sustainability of various security cooperation programs. Building an advanced data-driven program will enable more accurate and timely monitoring of any gaps in partner nations’ institutional capacity, especially in their ability to design and implement policy, logistics operations, and resource and human capital management.
“We are pleased to support DoD by providing high-end consulting and advanced analytics for this important program,” said Dan Batrack, Tetra Tech Chairman and CEO. “Tetra Tech is in a unique position to support DoD’s key initiative through the combination of our high-end expertise and advanced analytics capabilities.”
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 20,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, infrastructure, resource management, energy, and international development. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com, follow us on Twitter (@TetraTech), or like us on Facebook.
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 Form 10-Q filings with the Securities and Exchange Commission.
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