Downer Secures Defence Contract Extension

An update from Downer EDI Limited ( (AU:DOW) ) is now available.

Downer EDI Limited announced a six-month extension of its Estate Maintenance and Operation Services contract with the Australian Department of Defence, continuing its support for Defence bases and training facilities in Queensland, ACT, and Southern New South Wales. This extension, starting in August 2025, underscores Downer’s role as a major Defence partner in Australia, with the company also awaiting the outcome of the next generation EMOS tender, which could further impact its operations and market positioning.

More about Downer EDI Limited

Downer EDI Limited is a leading provider of integrated services across Australia and New Zealand, focusing on delivering and maintaining essential infrastructure. The company operates in sectors such as roads, rail, ports, airports, power, gas, water, telecommunications, energy networks, health, education, and defence. Downer is one of the largest private sector employers in Australia and New Zealand, with a workforce of over 26,000 people.

YTD Price Performance: 0.65%

Average Trading Volume: 398

Technical Sentiment Signal: Sell

Current Market Cap: €2.15B

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