Downer EDI Ltd

DOW: XASX (AUS)
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For Downer and Ventia, Large Defense Contracts Instill Confidence in Revenue Growth Targets

Urban and infrastructure services providers Downer and Ventia have been awarded large new Australian defense contracts of AUD 3.05 billion and AUD 2.70 billion, respectively. In each case, the initial term is for six years, with extension options potentially stretching to 10 years total.

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