PASADENA, Calif. — (BUSINESS WIRE) — September 6, 2016 — Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the National Oceanic and Atmospheric Administration (NOAA) has awarded the Company a $49 million, indefinite delivery, indefinite quantity contract to support the Office for Coastal Management’s (OCM) Digital Coast program. Tetra Tech is one of five contractors who will share in the contract ceiling over a five-year period.
Tetra Tech will provide OCM with highly technical geospatial services to support NOAA’s mandate to manage the nation’s coastal resources, including the Great Lakes. The geographic scope of the contract extends from the U.S. territories in American Samoa to the U.S. Virgin Islands, and to all coastal states.
Tetra Tech will use innovative collection methods to acquire, analyze, and process geospatial data to address critical coastal issues such as sea level rise, coastal resiliency, sustainable land use, and marine planning. Data collection methods may include the use of airborne and bathymetric lidar, satellite imagery, and video and acoustic technologies to produce high-resolution maps and data products for use by coastal managers.
In addition to data collection, Tetra Tech will provide technical GIS support services such as software application development, data analytics, and data integration and modeling. This would enable NOAA to engage in the development of green infrastructure and the creation of sustainable ecological, social, and economic solutions to reduce the impact of rising seas and climate change on coastal shorelines.
“We are pleased to combine our leadership position in water with full-service geospatial data acquisition and analytics capabilities to support the Digital Coast Program,” said Dan Batrack, Tetra Tech’s Chairman and CEO. “Through the application of advanced software and GIS technologies we will support OCM’s mission to effectively manage and protect our coastal resources.”
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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