Tetra Tech (TTEK) – CRWESelect.com Stock to Watch
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__ TTEK, Tetra Tech Inc.
** TTEK reported that it has been awarded a contract valued at up to $55 million to continue its support for high priority pollution prevention programs, including evaluating innovative technologies and providing research and development support to the U.S. Environmental Protection Agency Office of Research and Development, National Risk Management Research Laboratory.
TTEK will support the development and evaluation of technologies and tools to prevent or reduce pollution of air, land, and water, and restore ecosystems.
TTEK recently signed a definitive agreement to acquire Department of State consulting firm PRO-telligent, LLC, who provides a wide range of technical support services primarily to the U.S. Department of State at locations worldwide. TTEK`s PRO-telligent has more than 600 employees and approximately $100 million in annual revenue.
On its latest financial results, for the third quarter ended July 3, 2011, TTEK posted revenue of $673.8 million, a 19.8% increase year over year.
TTEK is a leading provider of consulting, engineering, program management, construction, and technical services. TTEK supports government and commercial clients by providing innovative solutions to complex problems focused on water, environment, energy, infrastructure, and natural resources.
More about TTEK at www.tetratech.com ***************************
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