Benzinga | Jul 26, 2021 03:23PM EDT

Tetra Tech Bags $49M USAID Climate Resilience, Biodiversity Conservation Contract In West Africa

* Tetra Tech, Inc. (NASDAQ:TTEK) has secured a four-year, $49 million single-award contract from the U.S. Agency for International Development (USAID) to promote biodiversity conservation and climate-resilient, low emission development in West Africa.

* Tetra Tech will work with private sector partners to support sustainable natural resources management planning to reduce deforestation and mitigate the impacts of climate change in West African forests--landscapes of global biodiversity significance.

* Additionally, Tetra Tech's team will support the development and enforcement of national and regional policies, laws, and regulations to combat wildlife trafficking.

* Price action: TTEK shares are trading lower by 0.35% at $129.40 on the last check Monday.