Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has been awarded a $200 million, single-award contract by Naval Facilities Engineering Command (NAVFAC) Atlantic. Through the Comprehensive Long-term Environmental Action Navy (CLEAN) contract, Tetra Tech will provide environmental engineering support services to installations within the NAVFAC Atlantic Area of Responsibility. The geographic focus is primarily in the northeastern and southeastern United States. The contract award period is one year with four additional option years.
Under this contract, Tetra Tech will provide environmental engineering support services for the Navy’s Environmental Restoration Program, including the Installation Restoration Program, the Munitions Response Program, and for Petroleum, Oils, and Lubricants sites. Tetra Tech will perform assessments, investigations, and remedial designs for these programs and other environmental programs including air, water, waste water, and solid waste, asbestos and hazardous substance/waste management. Tetra Tech will also support Navy and Marine Corps Base Realignment and Closure efforts.
“Tetra Tech has been supporting NAVFAC Atlantic's environmental restoration mission since 1982,” said Dan Batrack, Tetra Tech's Chairman and CEO. “We are pleased to have been selected for this important contract and Tetra Tech is committed to providing the Navy with the latest tools and technologies and outstanding customer service.”
Key data points: The market size in 2031 = $22.4 billion, growth forecast = 2.5% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the global turret system market to 2031 by platform (land, naval, and airborne), type (manned turret and unmanned turret), component (turret drive, turret control, and stabilization unit), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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