Tetra Tech Secures $19.5M Contract From USAID

Tetra Tech, Inc. TTEK has secured a four-year, $19.5 million, single-award contract from the U.S. Agency for International Development (USAID).
Tetra Tech will implement the Water and Energy for Food (WE4F) Southern and Central Africa Regional Innovation Hub in collaboration with Open Capital Advisors and the International Water Management Institute.
Tetra Tech energy specialists will support the development and management of the Regional Innovation Hub to identify water-energy-food nexus companies throughout the region.
"Tetra Tech has supported USAID's energy reform programs—including utility modernization and deployment of advanced off-grid power solutions—in Sub-Saharan Africa for more than 30 years," said Chairman and CEO Dan Batrack.
Price Action: TTEK shares closed higher by 0.01% at $157.66 on Tuesday.