Ventia extends defence contract, expects $550m revenue

Ventia Services Group has announced a 12-month extension of its Base Services contract with the Department of Defence.

The extension, expected to commence in July 2024, is projected to generate approximately $550 million in revenue for Ventia.

The contract covers various services such as estate management, asset maintenance, training area management, and hospitality.

Ventia will continue to participate in the Base Services Transformation procurement process.

The company aims to redefine service excellence and leverage its team and industry network to deliver exceptional services to Defence.

Ventia is a leading essential infrastructure services provider in Australia and New Zealand, operating in various industry segments.