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Saunders International Lands $20M Defence Fuel Infrastructure Project in Western Australia

Story Highlights
  • Saunders specializes in engineering and fluid storage across Defence and industrial sectors.
  • The $20M project strengthens Saunders’ Defence sector growth in Western Australia.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Saunders International Lands $20M Defence Fuel Infrastructure Project in Western Australia

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Saunders International Limited ( (AU:SND) ) has provided an announcement.

Saunders International Limited has secured a $20 million subcontract for Defence fuel infrastructure at RAAF Base Learmonth, Western Australia, awarded by CPB Contractors. The project, which includes aviation fuel hydrant piping and an airfield lighting emergency generator fuel system, highlights Saunders’ expertise in fuel infrastructure and reinforces its positioning as a trusted provider in the Defence sector. This milestone enhances Saunders’ presence in Western Australia and boosts its orderbook, underpinning its strategic focus on growth in the Defence fuel infrastructure market.

The most recent analyst rating on (AU:SND) stock is a Hold with a A$0.88 price target. To see the full list of analyst forecasts on Saunders International Limited stock, see the AU:SND Stock Forecast page.

More about Saunders International Limited

Saunders International Limited is an Australian multidisciplinary engineering and construction company specializing in fluid storage and transfer infrastructure, structural, mechanical and piping (SMP), industrial automation and electrical systems, civil and water infrastructure, and industrial asset services. It serves the Defence & Government, Water, Energy and Resources, and Industrials sectors, focusing on delivering solutions across the complete asset lifecycle.

Average Trading Volume: 53,698

Technical Sentiment Signal: Sell

Current Market Cap: A$104.4M

Find detailed analytics on SND stock on TipRanks’ Stock Analysis page.

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