Latest Project Awards News

Etherstack posted a record $8.5 million in revenue for the first half of 2026, driven by strong project and support income, but statutory profit fell 67% due to front-loaded costs and higher expenses.

Lycopodium Limited reported a solid FY26 with $377.5 million revenue, a slight profit dip, and a 69% dividend hike, while setting sights on accelerated growth in the Americas.

Southern Cross Electrical Engineering’s FY26 underlying profits surged despite a $46.1 million WestConnex arbitration settlement dragging statutory net profit sharply lower. The group declared a record dividend and raised FY27 EBITDA guidance by 30%.

Arrow Minerals revealed a previously confidential tenement acquisition following an ASX price query triggered by a sharp rise in its share price. The company attributes the price movement to multiple positive developments rather than the acquisition itself.

MLG Oz Limited has partnered with the Marlinyu Ghoorlie Aboriginal Corporation to create a joint venture delivering mining and civil services on traditional lands in Western Australia, aiming to blend operational expertise with Indigenous authority.

Verbrec Limited confirms a robust FY2026 with revenues up nearly 50%, while unveiling a bullish FY2027 outlook driven by full-year Alliance Automation integration and expanding project pipelines.

AdNeo’s subsidiary Catapult Education has been appointed to a multi-year contract with TAFE South Australia to supply vocational education content, supporting newly funded National Centres of Excellence in Early Childhood Education and National Security.

Rubicon Water anticipates FY26 revenue between A$60 million and A$62 million, down from FY25’s A$69 million due to postponed major contract awards. Despite this, the company secured more contracts in H2 and grew its major project pipeline, setting the stage for potential FY27 growth.

Worley has revised its FY26 underlying EBITA impact from the Middle East conflict to up to $60 million, doubling its previous estimate, while also warning of a $50 million hit from foreign currency translation due to a stronger Australian dollar.

RemSense Technologies has won a third contract to deploy its virtualplant digital twin platform at an offshore facility operated by a Tier 1 oil and gas company, reinforcing its foothold in energy sector digitalisation.

GR Engineering Services has locked in a $110 million EPC contract with Brightstar Resources for the Laverton Processing Plant, reinforcing its leadership in Australian minerals processing projects.

WA1 Resources has significantly increased the indicated resource at its Luni Niobium Project to 93 Mt at 1.32% Nb2O5, backed by A$131 million in cash and progressing key development workstreams including permitting and metallurgical testwork.