We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Premium consulting and engineering services provider Tetra Tech, Inc. (TTEK - Free Report) recently clinched another $32 million single-award contract from the U.S. Agency for International Development (USAID).
After a $28 million contract to reinforce water sector governance in Jordan and an $84 million deal to provide technical assistance to the Power Africa Transactions and Reform Program, this is the third major contract from USAID during the third quarter of fiscal 2016.
The latest contract requires Tetra Tech to enhance governance of marine resources and protect biodiversity in Indonesia. Also, Tetra Tech will work closely with a host of regional, national, and community level partners in this five-year Sustainable Ecosystems Advanced (SEA) project and devise policies for betterment of natural resources and marine ecosystems in the country.
Indonesia, a hub of coastal and marine biodiversity, has been lately impacted by climate change. The nation’s fisheries and coral reef ecosystems, which form an integral part of its economy, are in dire need of protection. USAID and the Government of Indonesia have joined hands to conserve the natural environment of the country and Tetra Tech, which has been USAID’s coastal resource management programs in Southeast Asia for 25 years, is helping coastal communities adapt to the changing climatic conditions.
Tetra Tech has had a string of award wins that have materially boosted its top line and margin performance. During the second quarter of fiscal 2016, the company secured noteworthy contracts from the U.S. Department of Defense, specifically from the U.S. Navy and the Army.
Also, Tetra Tech won governance programs in El Salvador and funded task orders worth $41 million from the U.S. Department of State and USAID during the second quarter. We believe that such significant contract wins will boost revenues, signaling at the bright prospects ahead.
Tetra Tech currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the sector include Casella Waste Systems Inc. (CWST - Free Report) , Landauer Inc. and MagneGas Corporation . While Casella Waste Systems and Landauer sport a Zacks Rank #1 (Strong Buy), MagneGas carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Tetra Tech Wins Marine Resources & Biodiversity Contract
Premium consulting and engineering services provider Tetra Tech, Inc. (TTEK - Free Report) recently clinched another $32 million single-award contract from the U.S. Agency for International Development (USAID).
After a $28 million contract to reinforce water sector governance in Jordan and an $84 million deal to provide technical assistance to the Power Africa Transactions and Reform Program, this is the third major contract from USAID during the third quarter of fiscal 2016.
The latest contract requires Tetra Tech to enhance governance of marine resources and protect biodiversity in Indonesia. Also, Tetra Tech will work closely with a host of regional, national, and community level partners in this five-year Sustainable Ecosystems Advanced (SEA) project and devise policies for betterment of natural resources and marine ecosystems in the country.
Indonesia, a hub of coastal and marine biodiversity, has been lately impacted by climate change. The nation’s fisheries and coral reef ecosystems, which form an integral part of its economy, are in dire need of protection. USAID and the Government of Indonesia have joined hands to conserve the natural environment of the country and Tetra Tech, which has been USAID’s coastal resource management programs in Southeast Asia for 25 years, is helping coastal communities adapt to the changing climatic conditions.
Tetra Tech has had a string of award wins that have materially boosted its top line and margin performance. During the second quarter of fiscal 2016, the company secured noteworthy contracts from the U.S. Department of Defense, specifically from the U.S. Navy and the Army.
TETRA TECH NEW Price
TETRA TECH NEW Price | TETRA TECH NEW Quote
Also, Tetra Tech won governance programs in El Salvador and funded task orders worth $41 million from the U.S. Department of State and USAID during the second quarter. We believe that such significant contract wins will boost revenues, signaling at the bright prospects ahead.
Tetra Tech currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the sector include Casella Waste Systems Inc. (CWST - Free Report) , Landauer Inc. and MagneGas Corporation . While Casella Waste Systems and Landauer sport a Zacks Rank #1 (Strong Buy), MagneGas carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>