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Downer awarded four year Defence contract extension

15/08/2019, 11:19 NZST, GENERAL

DOWNER AWARDED FOUR YEAR DEFENCE CONTRACT EXTENSION Downer EDI Limited (Downer) today announced its Defence Major Services Provider (MSP) consortium (Team Downer MSP) had been awarded a contract extension by the Capability, Acquisition and Sustainment Group (CASG) to continue supporting the Critical Systems Branch (CSB) within the Joint Systems Division of the Department of Defence. The contract extension is for an additional four-year term and is valued at $154.5 million. This will see Team Downer MSP continue to deliver services until August 2023, with CASG holding the option to extend services by another four years, with subsequent 12 monthly renewals based on performance. Team Downer MSP was awarded the first ever Integrated Work Package (IWP) under the MSP arrangement announced in 2018 and has been working collaboratively with the CSB to provide a range of services that significantly expands the capability and capacity of the Department of Defence's workforce. Team Downer MSP's consortium members include Downer (including AGIS and Envista), SYSTRA Scott Lister, Providence Consulting Group and DXC Technology. For more information about Team Downer MSP visit www.teamdownermsp.com.au For further information please contact: Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145 End CA:00339201 For:DOW Type:GENERAL Time:2019-08-15 11:19:33