Tetra Tech Awarded $250 Million Huntsville Center Environmental Contract.PASADENA, Calif. -- Tetra Tech, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TTEK) announced today that it has been awarded a new environmental contract by the U.S. Army Engineering and Support Center, Huntsville, under its worldwide Military Munitions mu·ni·tion n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. Response Program. Tetra Tech and two other awardees will share $250 million of program capacity over a contracting period lasting up to five years. The contract is a Fixed-Price Response with Insurance agreement, under which the contractor provides an insurance policy to cover potential cost overruns on projects. Remedial and response actions will be performed at various Formerly Used Defense Sites (FUDS FUDS Formerly Used Defense Sites FUDS Federal Urban Driving Schedule FUDS Fluids Utility Distribution System ), active Department of Defense (DoD) installations, DoD Base Realignment and Closure Base Realignment and Closure (or BRAC) is a process of the United States federal government directed at the administration and operation of the Armed Forces, used by the United States Department of Defense (DoD) and Congress to close excess military installations and realign (BRAC Brač (bräch), Ital. Brazza, island (1991 pop. 13,824), 152 sq mi (394 sq km), off the Dalmatian coast in the Adriatic Sea, Croatia. It is a popular summer resort and tourist spot. Supetar (Ital. ) sites, property adjoining DoD installations, and other U.S. government agency sites, as appropriate. The award continues Tetra Tech's 15-year relationship with the Huntsville Center. Tetra Tech has executed more than $260 million in explosives-related cleanup for the DoD and other clients worldwide. About Tetra Tech (www.tetratech.com) Tetra Tech is a leading provider of consulting, engineering and technical services. With nearly 9,000 associates located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and internationally, the Company supports commercial and government clients in the areas of resource management and infrastructure. Tetra Tech's services include research and development, applied science and technology, engineering design, construction management, and operations and maintenance. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and 10-Q filings with the Securities and Exchange Commission. |
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