Key Takeaways TTEK won a $248M USACE contract for A-E services at U.S. military bases in the EUCOM region. The five-year deal includes design, planning, 3D modeling and engineering across eight countries. Tetra Tech recently secured multiple large contracts supporting global infrastructure projects.Tetra Tech, Inc. (TTEK) recently secured a $248 million contract from the U.S. Army Corps of Engineers (USACE), Europe District, to offer architect-engineer (A-E) services for U.S. military bases in the EUCOM r ...

Core Viewpoint - New Fortress Energy's stock is experiencing a significant rally due to reports of a potential 15-year contract to supply liquefied natural gas (LNG) to power plants in Puerto Rico, with shares up 24.4% at one point [1][4]. Group 1: Contract Details - New Fortress is reportedly set to secure a 15-year contract to provide LNG to five power plants in San Juan and Palo Seco [4]. - The contract includes provisions for New Fortress to supply energy resources for eight peaking-power units being installed by one of its subsidiaries [4]. - The deal may also allow for future extensions, potentially providing a substantial new revenue source for the company [4]. Group 2: Stock Performance - Despite the recent rally, New Fortress's stock is down approximately 78% year-to-date [2]. - The stock had previously surged as much as 40% earlier in the trading session before stabilizing at a 24.4% increase [1]. Group 3: Financial Outlook - Securing the new contract could provide a much-needed capital injection for New Fortress, which has been struggling with high debt and liquidity issues [6]. - While the new deal may improve the company's outlook, it is not guaranteed to resolve all existing challenges, and there are risks associated with potential restructuring or share offerings [6][5].

Tetra Tech, Inc. (TTEK) has secured an extended One Acquisition Solution for Integrated Services (OASIS+) contract for broad service areas from the Government Services Administration (GSA). Financial terms of the deal were kept under wraps.Per the five-year, multiple-award Indefinite Delivery Indefinite Quantity contract, TTEK has been chosen for various technical service areas to support federal agencies. These include management, research, engineering, environmental, facilities, intelligence and logistics ...