Latest Defence Infrastructure News

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.

Tasmea Limited reported robust FY25 financial results with a 74% jump in net profit after tax, driven by organic growth and strategic acquisitions. The company reaffirmed its FY26 guidance, supported by a $43 million institutional placement to fuel further expansion.

Etherstack’s subsidiary has landed a A$2.5 million contract with the Australian Defence, reinforcing its growing footprint in sovereign defence communications.

Ventia Services Group has secured a substantial $935 million contract to provide clothing services to the Australian Defence Force, marking a significant expansion of its defence sector presence.

Ventia Services Group has won two major Defence Base Services Transformation contracts worth $2.7 billion, reinforcing its long-term role in supporting Australian Defence infrastructure.

Downer EDI Limited has won a $3.05 billion contract to provide base and estate services to the Australian Department of Defence, significantly expanding its operational regions and responsibilities over the next decade.

Service Stream Limited has landed a major long-term contract with the Australian Department of Defence to manage property and asset services across South Australia and the Northern Territory, marking a significant expansion into defence infrastructure support.

Tasmea Limited has firmly denied recent media speculation about potential block trades by its executive directors, reaffirming their strong shareholding and commitment to growth. The company is focused on organic expansion and acquisitions to secure ASX 300 inclusion next year without raising new capital.

Civmec Limited reported solid FY2025 financials with revenue surpassing A$810 million and a strengthened order book of A$1.25 billion, underpinned by its strategic acquisition of Luerssen Australia.

Duratec Limited reported record FY25 results with revenue of $573 million and a robust $4.16 billion project pipeline, driven by strong Energy and Emerging sectors growth. Despite Defence sector delays, the company is well positioned for expansion in FY26.

PeopleIN Limited posted a statutory net loss of $11.862 million for FY25, impacted by tough economic conditions and weather disruptions, while achieving significant cost savings and announcing a $6 million share buy-back.

Ventia reported solid HY25 results with profit growth and a 43% dividend increase, underpinned by major contract wins and an upgraded FY25 outlook.