Downer EDI wins Australian defence contract

Downer EDI Limited has been awarded a contract to deliver the Planning Phase of the Woomera Redevelopment Program for the Australian Defence Force in South Australia.

The Planning Phase will begin in September 2023, with the Downer CPB joint venture responsible for design development activities.

The project, estimated to be worth between $500 million and $750 million, will involve the construction of buildings, services, and infrastructure works.

The revenue from the project will be split equally between Downer and joint venture partner CPB Contractors.

Construction is expected to start in early 2026 and be completed by early 2029.

Downer CEO Peter Tompkins highlighted the company's longstanding relationship with the Department of Defence and its commitment to supporting Australia's Defence capability and local industry participation.