Tetra Tech (TTEK) Wins U.S. Navy Contract
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the dck/TtEC LLC was one of four contractors awarded a global multiple-award construction (GMAC) contract with the U.S. Navy. The indefinite delivery/indefinite quantity contract has a shared ceiling value of $900 million, with one base year and four option years. The dck/TtEC LLC combines Tetra Tech's resources with those of dck worldwide, a global construction company.
The GMAC includes design-build and design-bid-build projects at U.S. Department of Defense installations worldwide. The work may include utilities, waterfront facilities, medical facilities, and energy and water conservation projects, among other projects. Some of the task orders may be used to execute projects under the American Recovery and Reinvestment Act of 2009.
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