Tetra Tech Secures Contract with California's EWA for CLEAR Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 23 2026
0mins
Tetra Tech announced that California's Encina Wastewater Authority, EWA, has selected Tetra Tech for a single-award contract to deliver digital automation and operational technology, OT, network solutions for the Cogeneration Low-Emission Augmentation and Retrofit, CLEAR, project. "Tetra Tech has been Leading with Science as Encina Wastewater Authority's operational technology and systems integrator since 2017, a partnership that reflects the importance of secure, optimized OT systems for wastewater treatment," said Roger Argus, Tetra Tech Chief Executive Officer. "We look forward to continuing to provide unified approaches for secure SCADA and OT systems to deliver a reliable, resilient solution to managing energy resources for this essential resource recovery and emissions reduction effort."
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Analyst Views on TTEK
Wall Street analysts forecast TTEK stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 31.150
Low
48.00
Averages
48.00
High
48.00
Current: 31.150
Low
48.00
Averages
48.00
High
48.00
About TTEK
Tetra Tech, Inc. is a provider of consulting and engineering services, which is focused on water, environment, and sustainable infrastructure. The Company provides solutions to public and private clients by Leading with Science. Its segments include Government Services Group (GSG) and Commercial/International Services Group (CIG). Its GSG segment provides high-end consulting and engineering services primarily to the United States government clients (federal, state, and local). Its CIG segment provides consulting and engineering services to the United States commercial clients, and international clients inclusive of the commercial and government sectors. CIG also provides sustainable infrastructure and related environmental, engineering and project management services to commercial and local government clients across Canada, in Asia Pacific (primarily Australia and New Zealand), Europe, the United Kingdom, and Brazil.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tetra Tech Secures $15 Million Contract with LADWP
- Contract Value and Duration: Tetra Tech has secured a five-year, $15 million multiple-award contract from the Los Angeles Department of Water and Power, showcasing the company's strong capabilities in water and environmental consulting.
- Dust Emission Reduction Achievement: Over the past 15 years, Tetra Tech's support for the Owens Lake Dust Mitigation Program has successfully reduced dust emissions by 99.4%, enhancing the company's reputation and laying a solid foundation for future projects.
- Scope of Technical Services: The contract includes geotechnical investigations, advanced GIS mapping, hydraulic modeling, and electrical engineering design services, aimed at improving existing dust control methods and designing new mitigation measures, thereby enhancing the company's technical capabilities.
- Environmental Protection Strategy: By implementing EPA-approved best control measures, Tetra Tech is committed to preserving ecosystems while effectively addressing dry season wind effects, demonstrating the strategic significance of the company in the sustainable infrastructure sector.
See More
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- Contract Value and Duration: Tetra Tech has been selected by the Los Angeles Department of Water and Power for a five-year, $15 million multiple-award contract aimed at providing high-end engineering design and technical services for the Owens Lake Dust Mitigation Program, showcasing the company's strong competitive position in environmental engineering.
- Diverse Service Offerings: The contract will encompass a variety of services including geotechnical investigations, advanced GIS mapping and hydraulic modeling, civil, structural, and mechanical engineering design, as well as SCADA, instrumentation, and electrical engineering design, indicating Tetra Tech's comprehensive capabilities in technical services.
- Positive Market Reaction: The acquisition of this contract is likely to enhance Tetra Tech's market image and provide more opportunities for future project bids, further solidifying its leadership position in the environmental engineering sector.
- Optimistic Financial Outlook: Tetra Tech forecasts adjusted EPS for FY 2026 to be between $1.50 and $1.58, with a backlog reaching $4.28 billion, reflecting the company's robust financial health and growth potential.
See More
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- Project Scope: This five-year contract encompasses flood control, storm protection, navigation systems, lock and dam infrastructure, and ecosystem restoration projects, which are expected to significantly enhance the company's market share in the southeastern U.S.
- International Expansion: The contract also includes design services for projects in Central and South America, indicating Tetra Tech's potential for international market expansion and further strengthening its global business footprint.
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See More
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- Technology Integration: Tetra Tech will securely integrate microgrid control and gas conditioning systems within the existing digital infrastructure, aiming to maximize biogas efficiency and minimize emissions, thereby promoting sustainable resource recovery.
- Project Management: Tetra Tech's digital systems specialists will oversee the design-build team, ensuring effective integration of new oxidation catalyst emissions controls, biological trickling filters, and a 1-megawatt linear generator facility, enhancing overall project efficiency.
- Long-term Partnership: Since 2017, Tetra Tech has served as the operational technology and systems integrator for Encina Wastewater Authority, reflecting the importance of providing secure and optimized OT systems in wastewater treatment.
See More
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- Positive Outlook Guidance: The company raised its full-year revenue guidance to $4.33 billion from $4.23 billion, a 2.4% increase, demonstrating optimism about continued growth in core markets, particularly in U.S. federal and commercial sectors.
- Strong Cash Flow: Operating cash flows reached a historical high, enabling an 11% dividend increase and the continuation of a $100 million share buyback program, further strengthening its acquisition capabilities in analytics, automation, and high-growth technical services.
See More
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- Significant Revenue Growth: Tetra Tech reported an 8% year-over-year increase in net revenue for Q2, with EBITDA reaching $146 million, marking an all-time high, which underscores the company's strong performance amid rising demand for clean water and environmental quality, further solidifying its market position.
- Backlog Continues to Increase: The company's backlog grew by 8% sequentially to $4.28 billion, with CEO Argus noting that this growth will support future margin expansion, reflecting robust demand in both government and commercial client sectors.
- Record Cash Flow: Operating cash flows for the first half of the year reached a historical record of $238 million, with DSO at 58 days, demonstrating the company's excellence in cash management and operational efficiency, thereby enhancing its financial stability.
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See More
Tetra Tech Secures $15 Million Contract with LADWP
- Contract Value and Duration: Tetra Tech has secured a five-year, $15 million multiple-award contract from the Los Angeles Department of Water and Power, showcasing the company's strong capabilities in water and environmental consulting.
- Dust Emission Reduction Achievement: Over the past 15 years, Tetra Tech's support for the Owens Lake Dust Mitigation Program has successfully reduced dust emissions by 99.4%, enhancing the company's reputation and laying a solid foundation for future projects.
- Scope of Technical Services: The contract includes geotechnical investigations, advanced GIS mapping, hydraulic modeling, and electrical engineering design services, aimed at improving existing dust control methods and designing new mitigation measures, thereby enhancing the company's technical capabilities.
- Environmental Protection Strategy: By implementing EPA-approved best control measures, Tetra Tech is committed to preserving ecosystems while effectively addressing dry season wind effects, demonstrating the strategic significance of the company in the sustainable infrastructure sector.
See More
Tetra Tech Secures $15 Million Contract with LADWP for Dust Mitigation
- Contract Value and Duration: Tetra Tech has been selected by the Los Angeles Department of Water and Power for a five-year, $15 million multiple-award contract aimed at providing high-end engineering design and technical services for the Owens Lake Dust Mitigation Program, showcasing the company's strong competitive position in environmental engineering.
- Diverse Service Offerings: The contract will encompass a variety of services including geotechnical investigations, advanced GIS mapping and hydraulic modeling, civil, structural, and mechanical engineering design, as well as SCADA, instrumentation, and electrical engineering design, indicating Tetra Tech's comprehensive capabilities in technical services.
- Positive Market Reaction: The acquisition of this contract is likely to enhance Tetra Tech's market image and provide more opportunities for future project bids, further solidifying its leadership position in the environmental engineering sector.
- Optimistic Financial Outlook: Tetra Tech forecasts adjusted EPS for FY 2026 to be between $1.50 and $1.58, with a backlog reaching $4.28 billion, reflecting the company's robust financial health and growth potential.
See More
Tetra Tech Secures $49M Contract for Water Infrastructure
- Contract Value: Tetra Tech has secured a $49 million contract from the U.S. Army Corps of Engineers' Mobile District to provide engineering and design services for inland and coastal water infrastructure projects, showcasing the company's strong competitive position in public works.
- Project Scope: This five-year contract encompasses flood control, storm protection, navigation systems, lock and dam infrastructure, and ecosystem restoration projects, which are expected to significantly enhance the company's market share in the southeastern U.S.
- International Expansion: The contract also includes design services for projects in Central and South America, indicating Tetra Tech's potential for international market expansion and further strengthening its global business footprint.
- Financial Outlook: Tetra Tech forecasts an adjusted EPS of $1.50 to $1.58 for FY 2026, with a backlog reaching $4.28 billion, reflecting a robust foundation for the company's future growth.
See More
Tetra Tech Secures California Wastewater Contract
- Contract Award: California's Encina Wastewater Authority has selected Tetra Tech for the CLEAR project's digital automation and operational technology network solutions, underscoring the company's ongoing leadership in the water sector.
- Technology Integration: Tetra Tech will securely integrate microgrid control and gas conditioning systems within the existing digital infrastructure, aiming to maximize biogas efficiency and minimize emissions, thereby promoting sustainable resource recovery.
- Project Management: Tetra Tech's digital systems specialists will oversee the design-build team, ensuring effective integration of new oxidation catalyst emissions controls, biological trickling filters, and a 1-megawatt linear generator facility, enhancing overall project efficiency.
- Long-term Partnership: Since 2017, Tetra Tech has served as the operational technology and systems integrator for Encina Wastewater Authority, reflecting the importance of providing secure and optimized OT systems in wastewater treatment.
See More
Tetra Tech Exceeds Q1 Revenue Expectations Despite Year-on-Year Decline
- Performance Highlights: Tetra Tech reported Q1 revenue of $1.05 billion, which, despite a 4.9% year-on-year decline, exceeded analysts' expectations of $1 billion, indicating strong demand in water, environmental, and infrastructure consulting sectors.
- Profitability Improvement: The GAAP EPS was $0.36, surpassing the analyst estimate of $0.32 by 10.6%, while adjusted EBITDA reached $145.6 million with a 13.9% margin, reflecting the company's strategic shift towards higher-value consulting projects.
- Positive Outlook Guidance: The company raised its full-year revenue guidance to $4.33 billion from $4.23 billion, a 2.4% increase, demonstrating optimism about continued growth in core markets, particularly in U.S. federal and commercial sectors.
- Strong Cash Flow: Operating cash flows reached a historical high, enabling an 11% dividend increase and the continuation of a $100 million share buyback program, further strengthening its acquisition capabilities in analytics, automation, and high-growth technical services.
See More
Tetra Tech Reports Strong Q2 Growth and Upgraded Outlook
- Significant Revenue Growth: Tetra Tech reported an 8% year-over-year increase in net revenue for Q2, with EBITDA reaching $146 million, marking an all-time high, which underscores the company's strong performance amid rising demand for clean water and environmental quality, further solidifying its market position.
- Backlog Continues to Increase: The company's backlog grew by 8% sequentially to $4.28 billion, with CEO Argus noting that this growth will support future margin expansion, reflecting robust demand in both government and commercial client sectors.
- Record Cash Flow: Operating cash flows for the first half of the year reached a historical record of $238 million, with DSO at 58 days, demonstrating the company's excellence in cash management and operational efficiency, thereby enhancing its financial stability.
- Optimistic Outlook: Tetra Tech raised its FY 2026 net revenue guidance to between $4.25 billion and $4.4 billion, with adjusted EPS expectations increased to $1.50 to $1.58, reflecting the company's confidence in future growth, particularly in international markets and defense-related acquisitions.
See More
