Tetra Tech Wins Design Contract for Largest US PFAS Water Treatment Facility
TTEK sits 21% above its 52-week low of $25.81.
Summary
Tetra Tech secured an eight-year, single-award contract to design the largest dedicated PFAS water treatment facility in the U.S. for Dayton, Ohio. The project carries a projected construction cost of $350 million, underscoring its scale. This win builds on the company's strong Q2 results and raised guidance, reinforcing its leadership in water infrastructure. The contract adds high-visibility backlog in a growing regulatory-driven market.
At the time of this announcement, TTEK was trading at $31.26 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $8.1B. The 52-week trading range was $25.81 to $43.14. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: BusinessWire.