Ventia awarded Base Services Transformation Packages
| Stock | Ventia Services Group Ltd (VNT.ASX) |
|---|---|
| Release Time | 11 Sep 2025, 12:03 p.m. |
| Price Sensitive | Yes |
Ventia awarded $2.7B Defence services contracts
- Awarded two Base Services Transformation (BST) packages by the Department of Defence
- Valued at $2.7 billion over an initial 6 year term, with extension options up to 10 years
- Strengthens Ventia's position as a long-standing provider of integrated Defence infrastructure and asset management support services
Ventia Services Group Ltd (ASX:VNT) has been awarded two Base Services Transformation (BST) packages by the Department of Defence valued at approximately $2.7 billion over an initial 6 year term, with two extension options of between one and three years up to a maximum package term of 10 years. Ventia will deliver Living and Working Services (LWS) in the Northern Territory, Victoria and Tasmania and Property and Asset Services (PAS) in Western Australia, Victoria and Tasmania. This represents a third of the LWS and PAS packages. The national Firefighting Services package, the first to be released under the BST program, was awarded to Ventia in July 2024. This announcement strengthens Ventia's position as a long-standing provider of integrated Defence infrastructure and asset management support services. It also reflects the diversity and breadth of Ventia's capabilities across Army, Air Force, and Navy bases. Managing Director and Group Chief Executive Officer Dean Banks said, 'Ventia has supported Defence capability for over 36 years. This outcome highlights our role as a trusted sovereign partner and leading employer, enabling subcontractors and suppliers across remote, regional and suburban communities.' Ventia is proud to continue creating strong, supportive environments for Defence personnel. The company's recognition as Base Services Contractor of the Year 2024 and Veteran Employer of Choice reflects its commitment to service excellence and the dedication of its people across Defence bases nationwide. These BST packages are expected to commence operation from 1 February 2026.
The BST packages are valued at approximately $2.7 billion over an initial 6 year term, with two extension options of between one and three years up to a maximum package term of 10 years.