U.S. Department of Energy Awards Tetra Tech Joint Venture $400 Million Contract
October 03 2016 - 9:00AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that its joint
venture with Sealaska Technical Services was selected to provide
design-build services to the U.S. Department of Energy’s National
Nuclear Security Administration (NNSA). Under the Design,
Integration, Construction, Communication, and Engineering (DICCE)
contract, the joint venture will share in the $400-million contract
ceiling over seven years.
The DICCE contract is administered by the NNSA Office of Nuclear
Smuggling Detection and Deterrence (NSDD), which strengthens the
capabilities and commitment of U.S. partner countries to deter,
detect, and interdict illicit trafficking of nuclear and other
radioactive materials within the interiors of partner countries,
across international borders, and through the global maritime
shipping system.
The joint venture team will provide design-build services to
support the installation and deployment of fixed and mobile
radiation detection systems and associated infrastructure at border
checkpoints, airports, seaports, internal country locations, and
maritime borders outside of the United States.
“Tetra Tech has provided engineering design and installation
services to the NSDD office since 2002,” said Dan Batrack, Tetra
Tech’s Chairman and CEO. “We look forward to working with our joint
venture partner to continue supporting the NNSA in this important
program.”
About the National Nuclear Security Administration
(www.nnsa.energy.gov)
About Tetra Tech
Tetra Tech is a leading provider of consulting and engineering
services. For 50 years, the Company has supported commercial and
government clients focused on water, environment, infrastructure,
resource management, energy, and international development. With
16,000 staff worldwide, Tetra Tech provides clear solutions to
complex problems. For more information about Tetra Tech, please
visit tetratech.com, follow us on Twitter (@TetraTech), or like us
on Facebook.
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 and 10-Q filings with the Securities and Exchange
Commission.
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Tetra Tech, Inc.Jim Wu, Investor RelationsCharlie MacPherson,
Media & Public Relations626-470-2844
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