ASX:SSMConstruction
A Look at Service Stream's (ASX:SSM) Valuation After Securing $1.6 Billion Defence Contract
If you’ve been tracking Service Stream (ASX:SSM), the $1.6 billion base services contract it just landed with the Australian Department of Defence is big news. This agreement covers 113 sites and training facilities over an initial six-year term and positions Service Stream to broaden its reach well beyond its traditional markets. For investors, this win clearly signals a major shift as the company moves further into the defence sector and secures stable, government-backed revenue streams for...