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Downer awarded Defence Redevelopment contract

Operational Update13 September 2023DOWIndustrials

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Media/ASX and NZX Release

14 September 2023

DOWNER AWARDED DEFENCE REDEVELOPMENT CONTRACT IN SOUTH

AUSTRALIA


Downer EDI Limited (Downer) today announced it had been selected to deliver the Planning Phase of the

Australian Defence Force’s proposed Woomera Redevelopment Program in South Australia.


The Planning Phase will commence in September 2023. Under the contract, the Downer CPB joint venture

will commence design development activities for the project (estimated value, $500 million - $750 million –

subject to further Government review) that will form the basis of Defence’s submission for Government

approval. Pending Government and Parliamentary approval and successful negotiations with the Downer

CPB joint venture for the Delivery Phase, the project will deliver buildings, services and infrastructure works

and meet the objectives of the Defence Strategic Review. Construction is planned to commence in early

2026 and is scheduled to be completed by early 2029.


Revenue will be split 50:50 between Downer and joint venture partners, CPB Contractors.


Under the contract, the joint venture will deliver buildings, services and infrastructure works to ensure

compliance with Defence standards and meet the objectives of the Defence Strategic Review.


The Chief Executive Officer of Downer, Peter Tompkins, said the contract would continue Downer’s proud

80-plus-year relationship with the Department of Defence.


“Downer is Australia’s largest sovereign Defence partner, providing program management of Defence base

redevelopments and upgrades, integrated facility and asset management across the Defence estate, and

technical and professional services,” Mr Tompkins said.


“Downer is proud of the role we play in supporting the growth of Australia’s Defence capability and local

industry participation.


“We look forward to working closely with the Department of Defence to develop these important facilities,

which will support Defence capability for the next 30 years, while also providing an opportunity to support

Indigenous and Small-to-Medium Enterprises across regional South Australia.”



Authorised for release by Downer’s Chief Executive Officer


About Downer

Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the

heart of everything it does. It exists to create and sustain the modern environment and its promise is to work

closely with its customers to help them succeed, using world-leading insights and solutions to design, build

and sustain assets, infrastructure and facilities. For more information visit downergroup.com.



For further information please contact:

Media: Mitchell Dale, General Manager Corporate Affairs +61 448 362 198

Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487

Downer EDI Limited

ABN 97 003 872 848

Triniti Business Campus

39 Delhi Road

North Ryde NSW 2113

1800 DOWNER

www.downergroup.com

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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