Latest Engineering Construction News

Saunders International has landed a $10.4 million contract to build new water storage infrastructure in South West Sydney, reinforcing its foothold in the growing water infrastructure sector.

Southern Cross Electrical Engineering Limited has landed $90 million in new contracts spanning battery storage, education facilities, and water infrastructure, reinforcing its foothold in key growth sectors.

Saunders International has landed a $20 million subcontract to upgrade fuel infrastructure at RAAF Base Learmonth, marking a strategic expansion in Western Australia’s defence sector.

Southern Cross Electrical Engineering Limited has landed $90 million in new contracts spanning data centre expansion and rail infrastructure projects in Sydney, reinforcing its multidisciplinary strengths.

Southern Cross Electrical Engineering’s subsidiary Heyday has lost a $22 million arbitration claim related to the WestConnex M5 tunnel project, forcing a major write-off and a steep cut to FY26 earnings guidance.

Lynch Group Holdings confirms Federal Court approval of its acquisition scheme by Darwin Aus Bidco, with shares suspended and a cash payout scheduled. Shareholders await the next steps as the deal moves toward implementation.

Saunders International anticipates a weaker first half in FY26 amid ongoing operational challenges but gains momentum with major contracts and strategic expansion into New South Wales.

Monadelphous Group Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of AUD 0.39 per share and setting the Dividend Reinvestment Plan price at AUD 21.49. The dividend relates to the six months ending June 2025, with payments scheduled for late September.

Saunders International appoints Angelo De Angelis as CEO effective October 2025, succeeding Mark Benson who will support the transition through 2026. This leadership change signals a steady hand guiding the company’s next growth phase.

Worley Limited reported a mixed FY2025 with a slight revenue decline but strong profitability gains and a stable dividend, signaling resilience in engineering services.

Monadelphous Group Limited has announced a fully franked ordinary dividend of AUD 0.39 per share for the half-year ending June 2025, alongside a Dividend Reinvestment Plan offering shareholders a flexible way to reinvest.

SKS Technologies Group has exceeded its FY25 profit guidance, reporting a 15.6% increase in profit before tax alongside robust revenue growth and a strong cash position.