Tetra Tech Awarded Contract for Major Wastewater Treatment Modernization Program in Massachusetts

4/15/25 9:00:00 AM ET

Military/Government/Technical

Consumer Discretionary

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Tetra Tech, Inc. (NASDAQ:TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the City of Gloucester, Massachusetts, awarded the Company an $8 million contract to provide engineering design and technical services for a major wastewater treatment modernization program.

Tetra Tech engineers and technical specialists will design advanced wastewater treatment solutions to modernize Gloucester's aging Water Pollution Control Facility, one of the last primary treatment plants in the United States. Under the first phase of this project our teams will provide planning, engineering, and permitting services to integrate secondary treatment into the facility.

Tetra Tech's innovative alternative design concept for this $100 million modernization project minimizes disruptions to plant operations, positions the City to adapt to future capacity needs and regulatory requirements, reduces energy consumption and costs, and features resiliency measures for flood protection.

"Tetra Tech is pleased to use our Leading with Science^® approach to support the City of Gloucester in transforming its wastewater treatment facility," said Dan Batrack, Tetra Tech Chairman and CEO. "We look forward to continuing to deliver exceptional value to the City of Gloucester, supporting critical infrastructure and protecting water quality in the Massachusetts Bay estuary."

About Tetra Tech

Tetra Tech is the leader in water, environment and sustainable infrastructure, providing high-end consulting and engineering services for projects worldwide. With 30,000 employees working together, Tetra Tech provides clear 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. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn and 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 Form 10-Q filings with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250414034519/en/

Jim Wu, Investor Relations

Charlie MacPherson, Media & Public Relations

(626) 470-2844

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Date	Price Target	Rating	Analyst
2/6/2025		Buy → Hold	Maxim Group
5/16/2024	$234.00 → $268.00	Buy	Maxim Group
5/2/2024	$225.00	Neutral → Buy	Northcoast
1/10/2024	$191.00	Overweight	KeyBanc Capital Markets
9/13/2023		Outperform	William Blair
8/28/2023	$181.00	Outperform	RBC Capital Mkts
1/17/2023		Sector Weight → Overweight	KeyBanc Capital Markets
7/15/2022		Neutral	Northcoast

Tetra Tech Awarded Contract for Major Wastewater Treatment Modernization Program in Massachusetts

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Recent Analyst Ratings for
$TTEK

$TTEK
SEC Filings

SEC Form 10-Q filed by Tetra Tech Inc.

Tetra Tech Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Creation of a Direct Financial Obligation, Material Modification to Rights of Security Holders, Other Events, Financial Statements and Exhibits

Amendment: SEC Form SCHEDULE 13G/A filed by Tetra Tech Inc.

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Amendment: Director Ritrievi Kimberly E disposed of 0 shares (SEC Form 4)

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Director Volpi Kirsten M sold $347,313 worth of shares (10,116 units at $34.33), exercised 6,000 shares at a strike of $9.59 and gifted 3,800 shares, decreasing direct ownership by 11% to 62,396 units (SEC Form 4)

Tetra Tech Awarded Contract for Major Wastewater Treatment Modernization Program in Massachusetts

Chat with this insight

Recent Analyst Ratings for $TTEK

$TTEK SEC Filings

SEC Form 10-Q filed by Tetra Tech Inc.

Tetra Tech Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Creation of a Direct Financial Obligation, Material Modification to Rights of Security Holders, Other Events, Financial Statements and Exhibits

Amendment: SEC Form SCHEDULE 13G/A filed by Tetra Tech Inc.

$TTEK Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Amendment: Director Ritrievi Kimberly E disposed of 0 shares (SEC Form 4)

Director Douglas John M. covered exercise/tax liability with 108 shares and exercised 718 shares at a strike of $27.91 (SEC Form 4)

Director Volpi Kirsten M sold $347,313 worth of shares (10,116 units at $34.33), exercised 6,000 shares at a strike of $9.59 and gifted 3,800 shares, decreasing direct ownership by 11% to 62,396 units (SEC Form 4)

Recent Analyst Ratings for
$TTEK

$TTEK
SEC Filings

$TTEK
Insider Trading