Australia's Ventia Services wins $378 mln defence firefighting contract (updated)

Ventia Services

19/07/2024 03:47

(Adds details in paragraphs 2-3)
       July 19 (Reuters) - Infrastructure provider Ventia
Services Group  VNT.AX  said on Friday it had been awarded an
A$564 million ($378 million) contract by the Australian Defence
Force for providing firefighting services.
    The six-year contract, which will begin operations this
year, encompasses airfield, structural and bushfire response,
emergency aid and services alike with the opportunity to extend
its tenure beyond 2030, the Australian company said in a
statement. 
    In light of the new contract, Ventia's firefighting team
will grow to 370 people, including 309 qualified firefighters,
it added.
       

($1 = 1.4921 Australian dollars)

 (Reporting by Sneha Kumar; Editing by Varun H K and Rashmi
Aich)
 ((Sneha.Kumar@thomsonreuters.com;))