Montrose Environmental Group (NYSE:MEG) has been selected by the U.S. Air Force for a $1.5 billion Multiple Award Task Order Contract (MATOC) to support global environmental projects.

In partnership with Tanaq Environmental —an Alaska Native Corporation and small disadvantaged business—Montrose will focus on contaminant remediation, including PFAS, as well as environmental planning and support services over the next decade.

As one of several firms awarded the contract, Montrose will receive a portion of the $1.5 billion. Since no purchase orders have been issued, the contract will not impact Montrose’s 2025 financial guidance.

Montrose Environmental specializes in science-driven solutions for contaminant treatment, waste management, and regulatory compliance. With patented technologies and federal partnerships, including the EPA and the Department of Defense, Montrose provides cost-effective, sustainable solutions to protect public health and communities.

Price Action: MEG shares are trading higher by 4.66% at $20.34 last check Monday.

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This article Montrose Secures Role In $1.5 Billion Air Force Environmental Contract: Details originally appeared on Benzinga.com

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