Awarded Eastern Freeway Contract
| Stock | FOS Capital Ltd (FOS.ASX) |
|---|---|
| Release Time | 1 Jun 2026, 8:26 a.m. |
| Price Sensitive | Yes |
FOS Capital Awarded Eastern Freeway Contract
- Contract awarded to supply ITS roadway lighting and control equipment
- Total contract value of $0.5 million
- Supplying newly-designed ATS High Mast Fitting and TST Traffic Smart City Technology
- Largest project for ATS since acquisition in June 2025
- Group's total order book stands at $9 million
FOS Capital Limited, through its subsidiary Aldridge Traffic Systems (ATS), has secured a significant contract to supply ITS roadway lighting and control equipment for the NELP Eastern Freeway Upgrades project. The contract, valued at $0.5 million, marks the largest project for ATS since its acquisition in June 2025. The project will involve supplying the newly-designed ATS High Mast Fitting and the TST Traffic Smart City Technology. This win highlights the company's momentum and the substantial progress achieved since the acquisition. Additionally, FOS Capital reports that its total order book currently stands at $9 million.
FOS Capital aims to increase market share from 5% to 15% in the medium-term through organic growth and strategic acquisitions.