Montrose Environmental Group Selected for $249 Million U.S. Army Corps of Engineers Environmental Services Contract

October 15, 2024

1 Min Read
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LITTLE ROCK, Ark. -- Montrose Environmental Group, Inc. (together with its subsidiaries, "Montrose" or "the Company") (NYSE: MEG), a leading provider of innovative environmental solutions, announced today that the Company has been selected to receive a contract to provide environmental quality support to the Mobile District, South Atlantic Division, U.S. Army Corps of Engineers (USACE). Mobile District's Environmental Quality Program supports various military, civil and federal agencies including the U.S. Army, U.S. Air Force, U.S. Marine Corps, U.S. Navy, Defense Logistics Agency and other Department of Defense (DOD) components domestically and abroad.

The $249 million, five-year, multiple-award contract focuses on providing solutions and remedial plans with an emphasis on air and water quality compliance, per-and polyfluoroalkyl substances (PFAS), pollution prevention, hazardous waste, sustainability and other environmental compliance support.   

"This announcement highlights our valued partnership with the USACE and follows the successful completion of recent projects," said Vijay Manthripragada, president and chief executive officer of Montrose Environmental Group. "As our market presence expands and awareness increases related to our unique integration of environmental consulting, analytical services, engineering and next-generation technology, we are excited to partner with the U.S. government to tackle complex environmental challenges – including addressing issues such as PFAS, with greater effectiveness and innovation." 

According to Environmental Business Journal's 2024 EBJ Remediation Markets Survey, the Department of Defense (DOD) ranked highest for market growth opportunities within the estimated $15.5B annual U.S. remediation services market. An increase in large DOD infrastructure projects, including USACE, has received bipartisan support in recent years with significant funding derived from the Bipartisan Infrastructure Law. 

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