Ventia awarded new Defence Clothing Services contract

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Stock Ventia Services Group Ltd (VNT.ASX)
Release Time 10 Oct 2025, 2:45 p.m.
Price Sensitive Yes
 Ventia awarded new $935M Defence Clothing Services contract
Key Points
  • New 7-year contract with options to extend up to 13 more years
  • Provides service and support for clothing capability to Australian Defence Force
  • Aims to deliver more efficient and effective clothing capability with contemporary customer experience
Full Summary

Ventia Services Group Ltd has been awarded a new contract providing service and support for clothing capability to the Australian Defence Force valued at approximately $935 million. The contract will commence in May 2026 for an initial term of seven years with options to extend for up to a further 13 years. The new contract is designed to provide more efficient and effective clothing capability and aims to deliver a contemporary customer experience for Defence personnel. Ventia will be the single industry partner accountable to Defence, partnering with experienced Australian organisations to deliver clothing design and supply, warehousing, distribution, and clothing store services. Ventia's Managing Director and Group Chief Executive Officer, Dean Banks, stated that this new contract is a strong endorsement of Ventia's growing presence and capability in the Australian Defence market, reinforcing its position as a trusted partner and highlighting the depth of its expertise to deliver integrated solutions in complex environments.