Tetra Tech Joint Venture Wins $62 Million Technical Services Contract With U.S. Army Chemical Materials Agency
Posted on: Friday, 16 February 2007, 09:00 CST
Tetra Tech, Inc. (NASDAQ:TTEK) announced today that the U.S. Army Research and Development Command Acquisition Center has awarded a $62 million Program Management, Integration Support contract for the U.S. Army Chemical Materials Agency (CMA) to STEM-Tech, a joint venture of Tetra Tech and STEM International, Inc. This five-year indefinite delivery/indefinite quantity contract includes technical services support to CMA at its headquarters at Aberdeen Proving Ground, MD, and at eight other chemical weapons sites nationwide. Tetra Tech has previously provided environmental and technical support to the Army at various depots under CMA command including Aberdeen Providing Ground, MD; Pueblo Chemical Depot, CO; Newport Chemical Depot, IN; Umatilla Chemical Depot, OR; Deseret Chemical Depot, UT; and Pine Bluff Arsenal, AR.
The scope of services includes engineering design, environmental monitoring, risk assessment, technical analysis, training and environmental testing, among other technical support services. This contract supports the CMA in its efforts to safely store and destroy the nation's aging chemical weapons, effectively recover the nation's chemical warfare materiel, and enhance national security.
About the Chemical Materials Agency (www.cma.army.mil)
The U.S. Army's Chemical Materials Agency is the world leader in programs to store, treat, and dispose of chemical weapons safely and effectively. The agency develops and uses technologies to safely store and eliminate chemical weapons while protecting the public, its workers, and the environment.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering, and technical services. With approximately 7,500 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, program management, 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 and 10-Q filings with the Securities and Exchange Commission.
Source: Business Wire
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