SND.ASX: Saunders Secures $23m Defence Fuel Head Contract

Saunders Secures $23m Defence Fuel Head Contract

Stock	Saunders International Ltd (SND.ASX)
Release Time	16 Jul 2026, 1:35 p.m.
Price Sensitive	Yes

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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.