Tetra Tech Awarded $85M Contract Increase By USAID To Enhance Energy Security In Moldova; Provides High-End Consulting And Engineering Services In Water, Environment, And Sustainable Infrastructure
Portfolio Pulse from Benzinga Newsdesk
Tetra Tech has been awarded an $85 million contract increase by USAID to enhance energy security in Moldova. The company provides high-end consulting and engineering services in water, environment, and sustainable infrastructure.

June 20, 2024 | 1:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Tetra Tech has received an $85 million contract increase from USAID to enhance energy security in Moldova. This contract is likely to boost the company's revenue and strengthen its position in the energy security sector.
The $85 million contract increase from USAID is a significant boost for Tetra Tech, likely leading to increased revenue and a stronger market position in the energy security sector. This positive development is expected to have a favorable short-term impact on TTEK's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100