Tetra Tech Awarded $100M Contract to Support Air Force Projects
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Should l Buy TTEK?
Tetra Tech announced that the company was awarded a $100M multiple-award contract to provide planning and assessment services to support Air Force Civil Engineer Center projects. "The U.S. Air Force Civil Engineer Center has been providing effective engineering solutions that strengthen U.S. military infrastructure for more than 30 years," said Dan Batrack, Tetra Tech chairman and CEO. "We look forward to continuing to use our Leading with Science approach to provide innovative, efficient solutions for critical Air Force and Space Force projects."
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Analyst Views on TTEK
Wall Street analysts forecast TTEK stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 35.840
Low
48.00
Averages
48.00
High
48.00
Current: 35.840
Low
48.00
Averages
48.00
High
48.00
About TTEK
Tetra Tech, Inc. is a global provider of consulting and engineering services that is focused on water, environment and sustainable infrastructure. It provides solutions to complex problems by Leading with Science to address the entire water cycle, protect and restore the environment, design sustainable and resilient infrastructure, and support the clean energy transition. It operates through two segments: Government Services Group (GSG) and Commercial/International Services Group (CIG). Its GSG segment provides consulting and engineering services primarily to United States (U.S.) government clients and international development agencies worldwide. CIG segment primarily provides consulting and engineering services to U.S. commercial clients and international clients that include both commercial and government sectors. Its CIG segment also provides sustainable infrastructure and related environmental, engineering and project management services to commercial and local government clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tetra Tech Secures $100 Million Air Force Contract
- Contract Value: Tetra Tech has been awarded a $100 million multiple-award contract to provide environmental planning and assessment services for the U.S. Air Force Civil Engineer Center, showcasing the company's strong competitiveness in government projects.
- Contract Duration: This five-year contract will see Tetra Tech's engineers and technical specialists supporting the development of resilient infrastructure for Air Force bases, covering environmental impact assessments, mitigation planning, and the development of environmental impact statements to ensure project sustainability.
- Service Areas: The work will encompass various fields including air quality, acoustics, water and natural resources, hazardous waste, and land use, indicating the company's expertise in environmental management and sustainable development.
- Strategic Positioning: Tetra Tech's CEO Dan Batrack stated that the company will leverage its “Leading with Science” approach to deliver innovative solutions for critical Air Force and Space Force projects, further solidifying its leadership position in the industry.
See More
Tetra Tech Secures Contract with Netherlands Water Authority
- Contract Award: Tetra Tech has been selected by Rijkswaterstaat, the Netherlands' Executive Agency of the Ministry of Infrastructure and Water Management, to provide engineering and technical services for developing and modernizing the country's water infrastructure networks, highlighting the company's leadership in high-end consulting and engineering services.
- Technical Innovation: Tetra Tech's water engineers will design advanced solutions to renew and extend the lifespan of water systems and surrounding infrastructure, including flood defense structures, locks, and bridges, aiming to enhance infrastructure resilience and long-term water security.
- Data Analytics Utilization: The company will leverage in-house advanced data analytics and laboratory expertise to conduct soil and sediment surveys, supporting evidence-based decision-making for water system upgrades and new build projects, further enhancing its technical capabilities.
- Sustainability Commitment: Tetra Tech's CEO Dan Batrack stated that the company will continue to use its Leading with Science® approach to support Rijkswaterstaat in developing future-proof solutions that protect communities from flooding, create sustainable green spaces, and provide resilient clean water supplies.
See More
Tetra Tech Reports 8% Revenue Growth in Q1
- Revenue Growth: Tetra Tech reported a net revenue of $987 million for Q1, reflecting an 8% year-over-year increase, demonstrating strong market performance driven particularly by international business growth.
- Profitability Improvement: Operating income rose by 12% to $131 million, with adjusted EPS at $0.34, up 17% from the previous year, indicating successful cost control and efficiency enhancements within the company.
- Strong Financial Position: The company maintains a net debt of approximately $565 million with a leverage ratio of 0.86, a 20% decrease from the previous year, providing a solid financial foundation for future strategic investments and acquisitions.
- Guidance Outlook: Tetra Tech's guidance for Q2 2026 revenue is set between $975 million and $1.025 billion, with full-year revenue expectations of $4.15 billion to $4.3 billion, reflecting management's confidence in future growth despite potential risks from government shutdowns.
See More
Tetra Tech (TTEK) Q1 2026 Earnings Call Transcript
See More
Tetra Tech Announces 12% Increase in Quarterly Dividend
- Dividend Increase: Tetra Tech declares a quarterly dividend of $0.065 per share, representing a 12% year-over-year increase, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
- Yield Metrics: The forward yield of 0.7% reflects the company's robust financial health in the current market environment, which is likely to attract income-focused investors seeking reliable returns.
- Payment Schedule: The dividend is payable on February 27, with a record date of February 12 and an ex-dividend date also on February 12, ensuring shareholders receive timely returns on their investments.
- Financial Performance: Tetra Tech's recent earnings report indicates a non-GAAP EPS of $0.35, beating expectations by $0.04, with revenue of $1.04 billion exceeding forecasts by $65.72 million, highlighting the company's strong performance in both revenue and profitability.
See More
Tetra Tech Reports Strong Q1 Results with Increased Guidance
- Revenue Growth: Tetra Tech reported first-quarter revenue of $1.21 billion and net revenue of $1.04 billion, with net revenue up 8% year-over-year excluding USAID/DOS and hurricane impacts, indicating strong demand in the water and environmental consulting sectors.
- Profitability Improvement: Operating income reached $141 million, with adjusted EBITDA at $147 million, reflecting a 140 basis point year-over-year increase in adjusted EBITDA margin, showcasing the company's sustained profitability in high-end consulting services.
- Strategic Acquisitions: The acquisitions of Halvik and Providence further expand Tetra Tech's front-end consulting business for defense clients, expected to drive future revenue growth and enhance market competitiveness.
- Shareholder Returns: The board approved a quarterly dividend of $0.065 per share, a 12% increase year-over-year, while repurchasing $50 million in stock during the first quarter, demonstrating the company's ongoing commitment to shareholders and financial health.
See More
Tetra Tech Secures $100 Million Air Force Contract
- Contract Value: Tetra Tech has been awarded a $100 million multiple-award contract to provide environmental planning and assessment services for the U.S. Air Force Civil Engineer Center, showcasing the company's strong competitiveness in government projects.
- Contract Duration: This five-year contract will see Tetra Tech's engineers and technical specialists supporting the development of resilient infrastructure for Air Force bases, covering environmental impact assessments, mitigation planning, and the development of environmental impact statements to ensure project sustainability.
- Service Areas: The work will encompass various fields including air quality, acoustics, water and natural resources, hazardous waste, and land use, indicating the company's expertise in environmental management and sustainable development.
- Strategic Positioning: Tetra Tech's CEO Dan Batrack stated that the company will leverage its “Leading with Science” approach to deliver innovative solutions for critical Air Force and Space Force projects, further solidifying its leadership position in the industry.
See More
Tetra Tech Secures Contract with Netherlands Water Authority
- Contract Award: Tetra Tech has been selected by Rijkswaterstaat, the Netherlands' Executive Agency of the Ministry of Infrastructure and Water Management, to provide engineering and technical services for developing and modernizing the country's water infrastructure networks, highlighting the company's leadership in high-end consulting and engineering services.
- Technical Innovation: Tetra Tech's water engineers will design advanced solutions to renew and extend the lifespan of water systems and surrounding infrastructure, including flood defense structures, locks, and bridges, aiming to enhance infrastructure resilience and long-term water security.
- Data Analytics Utilization: The company will leverage in-house advanced data analytics and laboratory expertise to conduct soil and sediment surveys, supporting evidence-based decision-making for water system upgrades and new build projects, further enhancing its technical capabilities.
- Sustainability Commitment: Tetra Tech's CEO Dan Batrack stated that the company will continue to use its Leading with Science® approach to support Rijkswaterstaat in developing future-proof solutions that protect communities from flooding, create sustainable green spaces, and provide resilient clean water supplies.
See More
Tetra Tech Reports 8% Revenue Growth in Q1
- Revenue Growth: Tetra Tech reported a net revenue of $987 million for Q1, reflecting an 8% year-over-year increase, demonstrating strong market performance driven particularly by international business growth.
- Profitability Improvement: Operating income rose by 12% to $131 million, with adjusted EPS at $0.34, up 17% from the previous year, indicating successful cost control and efficiency enhancements within the company.
- Strong Financial Position: The company maintains a net debt of approximately $565 million with a leverage ratio of 0.86, a 20% decrease from the previous year, providing a solid financial foundation for future strategic investments and acquisitions.
- Guidance Outlook: Tetra Tech's guidance for Q2 2026 revenue is set between $975 million and $1.025 billion, with full-year revenue expectations of $4.15 billion to $4.3 billion, reflecting management's confidence in future growth despite potential risks from government shutdowns.
See More
Tetra Tech (TTEK) Q1 2026 Earnings Call Transcript
See More
Tetra Tech Announces 12% Increase in Quarterly Dividend
- Dividend Increase: Tetra Tech declares a quarterly dividend of $0.065 per share, representing a 12% year-over-year increase, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
- Yield Metrics: The forward yield of 0.7% reflects the company's robust financial health in the current market environment, which is likely to attract income-focused investors seeking reliable returns.
- Payment Schedule: The dividend is payable on February 27, with a record date of February 12 and an ex-dividend date also on February 12, ensuring shareholders receive timely returns on their investments.
- Financial Performance: Tetra Tech's recent earnings report indicates a non-GAAP EPS of $0.35, beating expectations by $0.04, with revenue of $1.04 billion exceeding forecasts by $65.72 million, highlighting the company's strong performance in both revenue and profitability.
See More
Tetra Tech Reports Strong Q1 Results with Increased Guidance
- Revenue Growth: Tetra Tech reported first-quarter revenue of $1.21 billion and net revenue of $1.04 billion, with net revenue up 8% year-over-year excluding USAID/DOS and hurricane impacts, indicating strong demand in the water and environmental consulting sectors.
- Profitability Improvement: Operating income reached $141 million, with adjusted EBITDA at $147 million, reflecting a 140 basis point year-over-year increase in adjusted EBITDA margin, showcasing the company's sustained profitability in high-end consulting services.
- Strategic Acquisitions: The acquisitions of Halvik and Providence further expand Tetra Tech's front-end consulting business for defense clients, expected to drive future revenue growth and enhance market competitiveness.
- Shareholder Returns: The board approved a quarterly dividend of $0.065 per share, a 12% increase year-over-year, while repurchasing $50 million in stock during the first quarter, demonstrating the company's ongoing commitment to shareholders and financial health.
See More
