Saunders Secures $23m Defence Fuel Head Contract
Key points
- Saunders awarded $23m head contract by Australian Department of Defence
- Project involves Defence fuel infrastructure at RMAF Base Butterworth, Malaysia
- Project expected to contribute to revenue and earnings in FY2027 and FY2028
Full summary
Saunders International Ltd (ASX:SND) has been selected by the Australian Department of Defence as the head contractor for a $23 million project to deliver Defence fuel infrastructure works at RMAF Base Butterworth in Penang, Malaysia. The project will enhance the resilience, safety, and operational capability of the existing Defence Fuel Facility. Saunders' scope includes off-site fabrication, construction, installation, and commissioning of fuel storage and transfer infrastructure, along with associated systems. This project demonstrates Saunders' integrated capabilities across various infrastructure services, reinforcing its position in Defence & Government markets. The project is expected to contribute to revenue and earnings in FY2027 and FY2028.
Guidance
Project expected to contribute to revenue and earnings in FY2027 and FY2028
Outlook
Defence & Government remains a priority market for Saunders, with opportunities aligned with long-term investment in strategic infrastructure and fuel resilience.
Summary generated by a large language model. Please interpret with care.