Tetra Tech, Inc. TTEK recently secured a $49 million contract from the National Oceanic and Atmospheric Administration (NOAA) Office for Coastal Management. Under the contract, the company will offer geospatial and engineering services for NOAA’s Digital Coast platform.
Per the five-year, multiple-award contract, TTEK will support hazard mitigation, coastal monitoring and development, habitat restoration, and ocean planning for coastal resources across the United States, including the Great Lakes and U.S. territories. The company’s scientists, geomatics specialists and engineers will provide geospatial data acquisition, specialized geographic information systems (GIS) services, advanced data visualization, analytics and modeling, and geospatial training. They will also design resilient coastal engineering solutions, including nature-based designs, to help coastal resource managers strengthen long-term coastal resilience.
Lately, Tetra Tech has received a series of deals that are likely to drive its growth. In July 2026, it secured a $27 million, four-year task order from the Federal Aviation Administration (FAA) to provide technical, analytical and program management support for its Brand New Air Traffic Control System (BNATCS) Air Space Modernization program. In the same month, TTEK secured an eight-year contract from the City of Dayton, Ohio Department of Water to design advanced treatment solutions for what is expected to be the largest dedicated PFAS treatment facility in the United States, with a projected construction cost of $350 million.
In June 2026, the company secured a contract from Chelan County Public Utility District (PUD) for the Hydropower Dam Spillway Modernization Project at the Rock Island and Rocky Reach hydroelectric dams in Washington.
Tetra Tech is benefiting from its diversified business model, strong demand across client sectors and a robust backlog, supporting revenue growth.
TTEK currently carries a Zacks Rank #2 (Buy). Shares of the company have gained 20% in the past month against the industry’s 1.7% decline.
Image Source: Zacks Investment Research
High debt is concerning for TTEK. The company’s international presence exposes it to currency swings and economic challenges in global markets.
Some other top-ranked companies from the same space are discussed below:
Quanta Services, Inc. PWR presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Quanta Services delivered an earnings surprise of 28.9% in the last reported quarter. In the past 60 days, the consensus estimate for PWR’s 2026 earnings has increased 16.8%.
Generac Holdings Inc. GNRC presently sports a Zacks Rank of 1. The company delivered a trailing four-quarter average earnings surprise of 13.7%.
In the past 60 days, the consensus estimate for GNRC’s 2026 earnings has increased 8.5%.
Helios Technologies HLIO currently carries a Zacks Rank of 2. HLIO delivered a trailing four-quarter average earnings surprise of 13.1%.
In the past 60 days, the Zacks Consensus Estimate for Helios Technologies’ 2026 earnings has increased 10%.
