From: | CPEO Moderator <cpeo@cpeo.org> |
Date: | 27 Aug 2003 18:07:10 -0000 |
Reply: | cpeo-military |
Subject: | [CPEO-MEF] Tetra Tech Receives $65 Million Work Order in Iraq |
The following release can be viewed online at: http://www.businesswire.com/cgi-bin/cb_headline.cgi?&story_file=bw.082503/232375133&directory=/google&header_file=header.htm&footer_file= ( BW)(CA-TETRA-TECH)(TTEK) Tetra Tech Receives $65 Million Work Order in Iraq Business Editors PASADENA, Calif.--(BUSINESS WIRE)--Aug. 25, 2003--Tetra Tech, Inc. (Nasdaq:TTEK) announced today that it was assigned $65 million of work to provide services for the U.S. government mission to revitalize Iraq. The work will be conducted under the Worldwide Unexploded Ordnance (UXO) contract with the U.S. Army Engineering and Support Center, Huntsville, Alabama. Work is scheduled to begin immediately and will be conducted over the next 12 months on a time and materials basis. This is the largest single work assignment the Company has ever received. Tetra Tech will receive captured enemy munitions from U.S. military personnel, determine whether the munitions are serviceable or unserviceable, and destroy selected munitions. The remainder of munitions will be stockpiled under U.S. control until further disposition is determined. Li-San Hwang, Tetra Tech's CEO, stated, "We thank the Corps of Engineers for entrusting us to support this critical mission. Tetra Tech's expertise in hazardous materials management will help to make Iraq safer for everyone." About the U.S. Army Engineering and Support Center (http://www.hnd.usace.army.mil/pao/newsrls2003.asp#Media%20Kit) More information about this specific contract is provided in the media kit at the hyperlink above. The scope of the Huntsville Center's mission includes a wide range of programs found nowhere else in the Corps of Engineers. Major programs include chemical demilitarization, ballistic missile defense, installation support, medical facilities, and ordnance and explosives. Unlike the Corps of Engineers' traditional geographically based organizations, the Huntsville Center is not tied to geographic boundaries. About Tetra Tech (www.tetratech.com) Tetra Tech is a leading provider of consulting, engineering and technical services. With more than 8,000 associates located in the United States and internationally, the Company supports commercial and government clients in the areas of resource management and infrastructure. Tetra Tech's services include research and development, applied science and technology, engineering design, construction management, and operations and maintenance. Certain statements contained in this news release are forward-looking statements that involve risks and uncertainties, such as those related to the Company's acquisition strategy and the fluctuations in the Company's quarterly operating results and stock price, and the other risks detailed from time to time in the Company's SEC reports. --30--WAM/la* CONTACT: Tetra Tech, Inc. 626-351-4664 Li-San Hwang Mike Bieber (Investor Relations) KEYWORD: CALIFORNIA ALABAMA INTERNATIONAL AFRICA/MIDDLE EAST INDUSTRY KEYWORD: ENVIRONMENT MANUFACTURING TELECOMMUNICATIONS GOVERNMENT AEROSPACE/DEFENSE SOURCE: Tetra Tech, Inc. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ CPEO: A DECADE OF SUCCESS. Your generous support will ensure that our important work on military and environmental issues will continue. Please consider one of our donation options. Thank you. http://www.groundspring.org/donate/index.cfm?ID=2086-0|721-0 | |
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