Tetra Tech Wins U.S. Navy CLEAN II Contract.Business Editors PASADENA, Calif.--(BUSINESS WIRE)--March 19, 2004 Tetra Tech, Inc. (Nasdaq:TTEK) announced today that it was awarded a Comprehensive Long-Term Environmental Action Navy (CLEAN) contract with a value of up to $80 million. Tetra Tech will provide program management and technical environmental services to the Engineering Field Activity, Northeast, Naval Facilities Engineering Command. The contract has a one-year base period and nine one-year options. Work will be performed primarily at U.S. Navy and Marine Corps sites in Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. , Maine, Connecticut, Maryland, New Jersey, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Pennsylvania, Virginia, and Massachusetts. Tetra Tech will provide remedial investigation, remedial design, environmental documentation for base closure efforts, and support of expedited response actions. The contract also includes support of the U.S. Navy's 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 (MRP (Material Requirements Planning) An information system that determines what assemblies must be built and what materials must be procured in order to build a unit of equipment by a certain date. ) and its Range Sustainability Environmental Program Assessment (RSEPA). Li-San Hwang, Tetra Tech's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chairman, said, "We have been supporting Engineering Field Activity, Northeast's environmental restoration mission since 1991 and are very pleased to have been selected for this important follow-on contract. We believe that this will be an important contract vehicle to help the U.S. Navy and Marine Corps modernize and transition their fighting forces, especially if future 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. ) actions take place." About Tetra Tech (www.tetratech.com) Tetra Tech is a leading provider of consulting, engineering, and technical services. With over 9,000 associates located in the United States 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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