ASX:VNTConstruction
How Investors Are Reacting To Ventia Services Group’s (ASX:VNT) A$107m Defence Contract Extension
Ventia Services Group Limited recently announced a one-year extension of its Defence Maintenance Contract with the Australian Department of Defence, effective from 1 December 2028 and valued at A$107 million, with options for up to four additional years.
This extension underscores the Defence Department’s confidence in Ventia’s ability to keep advanced military assets mission-ready, consistently maintaining asset availability above 95% even during intense operational periods.
We’ll now...