Tetra Tech Inc. (TTEK) Wednesday said it received a $750 million contract to provide design-build services for large construction projects for the U.S. Navy. The majority of the work would be performed in the District of Columbia, Maryland, and Virginia. The period of performance for the firm fixed-price contract is one base year with four one-year options. The Naval Facilities Engineering Command Washington anticipates that the contract would be used for construction projects ranging in size from approximately $10 million to $30 million per task order.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.