Tetra Tech Secures $19.5M Contract From USAID

In this article:
  • Tetra Tech, Inc. (NASDAQ: TTEK) has secured a four-year, .5 million, single-award contract from the U.S. Agency for International Development (USAID).

  • Tetra Tech will implement the Water and Energy for Food (WE4F) Southern and Central Africa Regional Innovation Hub in collaboration with Open Capital Advisors and the International Water Management Institute.

  • Tetra Tech energy specialists will support the development and management of the Regional Innovation Hub to identify water-energy-food nexus companies throughout the region.

  • "Tetra Tech has supported USAID's energy reform programs—including utility modernization and deployment of advanced off-grid power solutions—in Sub-Saharan Africa for more than 30 years," said Chairman and CEO Dan Batrack.

  • Price Action: TTEK shares closed higher by 0.01% at $157.66 on Tuesday.

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