TTEK (Fast Quote) Tetra Tech, Inc. The U.S. Army Corps of Engineers, Far East District has awarded TTEK a $200 million, five-year contract with multiple awards to provide architect-engineer (A-E) services in the Republic of Korea.
Tetra Tech will carry out site investigations, create engineering design documentation, and provide program management services as part of the contract to assist US activities in the Pacific. The American Army, Air Force, and other federal agencies stationed in the area will receive these A-E technical services. Tetra Tech will incorporate Leadership in Energy and Environmental Design (LEED) into the design of new and renovated structures as well as infrastructure, as well as various other sustainability issues including water, sanitation, and electrical services.
The chairman and CEO of Tetra Tech, Dan Ba track, stated that the U.S. Army Corps of Engineers has been a valued customer for almost 50 years. We are excited to support the Far East District in its goal of providing cutting-edge technical solutions on the Korean peninsula by utilizing our Leading with Science strategy.
Price Tetra Tech, Inc.
As part of the $17 million, single-award, four-year contract with the United States Agency for International Development (USAID) to strengthen energy security in the Republic of Moldova, TTEK also obtained a $42 million ceiling increase in January. In March 2022, the initial $17 million contract was given out.
By the agreement, TTEK’s energy specialists will integrate Moldova’s electrical grid and market with the European system to spark a regional electricity market. TTEK experts will encourage energy security and the competitive purchase of cleaner energy, which will help Moldova reach its goals for energy security.
Zacks Rank & More Stocks to Research
The Zacks Rank for TTEK is #2 right now (Buy). The following is a discussion of some additional top-ranked industrial products companies:
Allegion plc (ALLE Quick Quotable – Free Report) has a Zacks Rank of 2. In the previous four quarters, ALLE’s earnings surprise was, on average, 8.8%. The full list of stocks with a Zacks #1 (Strong Buy) Rating is here.
Allegion’s projected earnings for 2022 haven’t changed over the last 60 days. For the previous six months, the stock increased by 10.5%.
Now sporting a Zacks Rank of 2, A. O. Smith Corporation (AOS Quick Quote AOS – Free Report) has an average trailing four-quarter earnings surprise of 3.2%.
In the last 60 days, the projected earnings for AOS have risen 3.1% for 2023. A. O. Smith’s stock has increased by 4.9% during the previous six months.
Vermont Industries, Inc. (VMI Quick Quote
VMI – Free Report) currently has a Zacks Rank of 2. The average earnings surprise for VMI during the past four quarters was 12.5%.
Valmont’s earnings projections have gone up by a penny during the last 60 days. In the previous six months, the stock has increased by 12.9%.
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