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Tetra Tech (TTEK) Wins Contract From USTDA to Optimize Airspace

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Tetra Tech (TTEK - Free Report) has secured a technical assistance contract from the U.S. Trade and Development Agency (“USTDA”) to support Mexico’s civil aviation program. The project is aimed at improving aviation performance, operations and safety as part of Mexico’s multi-year National Infrastructure Program.

Tetra Tech’s technology and aviation experts will optimize airspace communications, navigation, surveillance and air traffic management as part of this 18-month contract from USTDA.

TTEK will develop a national civil aviation master plan for the Mexican Federal Civil Aviation Agency using simulation models and advanced data analytics. It will utilize the Volans software as a service technology to provide optimized airspace capacity, economic analysis and environmental solutions.

In the past, Tetra Tech has received contracts from the U.S. Army Corps of Engineers, Los Angeles District, to provide comprehensive environmental consulting and engineering services to assess and remediate hazardous and contaminated sites in California, Nevada and Arizona. It has also won a contract from the U.S. Environmental Protection Agency Office of Research and Development to provide technical support services to determine whether ecosystems are being able to adapt to climate change, urbanization and habitat loss.

Zacks Rank & Key Picks

Tetra Tech currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks within the broader Industrial Products sector are as follows:

Lindsay Corporation (LNN - Free Report) currently carries a Zacks Rank #2 (Buy). LNN pulled off a trailing four-quarter earnings surprise of 25.6%, on average. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks.

Lindsay has an estimated earnings growth rate of 45% for the current year. Shares of the company have rallied 19.9% in the past three months.

Valmont Industries (VMI - Free Report) presently carries a Zacks Rank #2. VMI pulled off a trailing four-quarter earnings surprise of 13.7%, on average.

Valmont Industries has an estimated earnings growth rate of 26.9% for the current year. Shares of the company have jumped 17.3% in the past three months.


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Tetra Tech, Inc. (TTEK) - free report >>

Valmont Industries, Inc. (VMI) - free report >>

Lindsay Corporation (LNN) - free report >>

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